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.
- Recurring non-compliance with post completion requirements on behalf of National Counties Building Society
- Breaches of National Counties Building Society conveyancing panel requirements
- 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 reapply to be on the National Counties Building Society convincing panel
Answers to Frequently asked questions concerning National Counties Building Society panel reinstatement
- Is there a fee to be reinstated onto the National Counties Building Society conveyancing panel?
- Is there a limit to the number of occasions my practice can apply to get back on the National Counties Building Society conveyancing panel?
- What happens if our National Counties Building Society panel reinstatement application is turned down and the client of the firm has a mortgage application with the National Counties Building Society?
- What times frames are involved when applying to revert back onto the National Counties Building Society conveyancing panel?
- Does my practice need to apply annually to remain on the National Counties Building Society conveyancing panel?
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.