Removal from the Nationwide Building Society and other lender panels: Why they do it and how to get reinstated
- Recurring delays in registering a charge on behalf of Nationwide Building Society Delays or failure to register the Nationwide Building Society charge may result in referral to external lawyers of Nationwide Building Society to complete outstanding requirements.
- Your practice no longer meets the criteria to remain on the Nationwide Building Society conveyancing panel
- Missing deadline to reapply to remain on the Nationwide Building Society convincing panel
- Breaches of Nationwide Building Society conveyancing panel requirements
- Non-compliance with the Nationwide Building Society panel requirements, the written instructions that Nationwide Building Society provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Nationwide Building Society may subsequently adopt.
FAQs : Nationwide Building Society Conveyancing panel reinstatement
- Do any avenues remain open if our reinstatement panel submission with Nationwide Building Society is rejected?
- Does the COLP in my firm need to sign the reinstatement application to the Nationwide Building Society panel ?
- Can we act for Nationwide Building Society while the application for reinstatement on the Nationwide Building Society panel is being processed? How do I find out if our reinstatement appeal to the Nationwide Building Society panel is accepted?
- How often will this firm be required to re-apply to be reinstated on the Nationwide Building Society conveyancing panel?
- How long does the application process take when applying to be reinstated onto the Nationwide Building Society conveyancing panel?
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.