Removal from the Nationwide Building Society and other lender panels: Why they do it and how to get reinstated
- Breaches of Nationwide Building Society conveyancing panel Terms and Conditions
- Failure to act in accordance with the Nationwide Building Society panel terms, 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.
- Your firm fails to meet the criteria to remain on the Nationwide Building Society conveyancing panel
- Missing deadline to reapply to be on the Nationwide Building Society convincing panel
- Persistent delays in registering security 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.
Nationwide Building Society panel reinstatement : questions that we get asked
- Is there a fee to be reinstated onto the Nationwide Building Society conveyancing panel?
- How often will this firm be required to re-apply to remain on the Nationwide Building Society conveyancing panel?
- What is the application process to be reinstated onto the Nationwide Building Society conveyancing panel?
- Is there a limit to the amount of times my law firm can apply to get back on the Nationwide Building Society conveyancing panel?
- Can we act for Nationwide Building Society while the appeal for reinstatement on the Nationwide Building Society panel is being assessed? How do I know if our reinstatement appeal to the Nationwide Building Society panel is accepted?
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 appointed 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.