Removal from the Nationwide Building Society and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to remain on the Nationwide Building Society convincing panel
- Your practice fails to meet the criteria to remain on the Nationwide Building Society conveyancing panel
- Breaches of Nationwide Building Society conveyancing panel requirements
- Recurring non-compliance with post completion requirements set by Nationwide Building Society
- Nationwide 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.
Frequently asked questions concerning Nationwide Building Society panel reinstatement
- How long does the application process take when applying to be reinstated onto the Nationwide Building Society conveyancing panel?
- Is there a limit to the number of times my law firm can apply to get back on the Nationwide Building Society conveyancing panel?
- Is it the practice manager who is required to complete the reinstatement application to the Nationwide Building Society panel ?
- How often will this firm be required to re-apply to be reinstated on the Nationwide Building Society conveyancing panel?
- How do I discover why this practice’s application for reinstatement was declined?
Top Tip: The best way to avoid the hassle of seeking Nationwide Building Society panel reinstatement is to ensure that your firm is not removed off of the Nationwide 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 Nationwide Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Nationwide 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 Nationwide Building Society conveyancing panel.