Removal from the National Counties Building Society and other lender panels: Why they do it and how to get reinstated
- Non-compliance with the National Counties Building Society panel terms, the written instructions that National Counties Building Society provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which National Counties Building Society may subsequently subscribe.
- Failure to reapply to be on the National Counties Building Society convincing panel
- National Counties Building Society may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
- Recurring delays in post completion requirements on behalf of National Counties Building Society
- Your firm no longer meets the criteria to remain on the National Counties Building Society conveyancing panel
Frequently asked questions concerning National Counties Building Society panel reinstatement
- What is the application process to revert back onto the National Counties Building Society conveyancing panel?
- How do I discover why my firm’s application for reinstatement was declined?
- To what extent is my firm permanently excluded if our reinstatement panel submission with National Counties Building Society is declined?
- Does my practice need to apply annually to be reinstated on the National Counties Building Society conveyancing panel?
- Can this firm act for National Counties Building Society while the application for reinstatement on the National Counties Building Society panel is being progressed? How do I find out if our reinstatement appeal to the National Counties Building Society panel is accepted?
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.