Removal from the National Counties Building Society and other lender panels: Why they do it and how to get reinstated
- Significant delays in registering a charge on behalf of National Counties Building Society Delays or failure to register the National Counties Building Society charge may result in referral to external lawyers of National Counties Building Society to complete outstanding requirements.
- Significant delays in post completion requirements on behalf of National Counties Building Society
- National Counties Building Society may terminate membership of its conveyancing panel where a firm provides false answers in its application form or in relation to any future requests for information.
- Failure to act in accordance with the National Counties Building Society panel terms, the written instructions that National Counties Building Society give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which National Counties Building Society may subsequently subscribe.
- Your law firm fails to meet the criteria to remain on the National Counties Building Society conveyancing panel
Answers to Frequently asked questions concerning National Counties Building Society panel reinstatement
- What happens if our National Counties Building Society panel reinstatement application is declined and the client of the firm has a mortgage application with the National Counties Building Society?
- What is the application process to be reinstated onto the National Counties Building Society conveyancing panel?
- How often will this firm be required to re-apply to remain on the National Counties Building Society conveyancing panel?
- Am I restricted as to the number of times my firm can apply to be reinstated on the National Counties Building Society conveyancing panel?
- What are our options if my firm’s reinstatement panel application with National Counties Building Society is refused?
Top Tip: The best way to avoid the hassle of seeking National Counties Building Society panel reinstatement is to ensure that your firm is not removed off of the National Counties Building Society conveyancing panel in the first place.
Note: Subject to certain conditions Lexsure’s experts or consultants can assist in providing you with guidance for reinstatement onto the National Counties Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to National Counties Building Society directly or via their preferred panel manager. Any reinstatement application will have to be made by your firm. For the avoidance of doubt, Lexsure (or the Conveycentric Team) are in no way involved in managing the National Counties Building Society conveyancing panel.