Removal from the Nationwide Building Society and other lender panels: Why they do it and how to get reinstated
- Your practice fails to meet the criteria to remain on the Nationwide Building Society conveyancing panel
- Nationwide 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.
- 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.
- Missing deadline to reapply to be on the Nationwide Building Society convincing panel
- Significant delays in post completion requirements on behalf of Nationwide Building Society
How can we assist? Nationwide Building Society panel reinstatement questions
- Am I restricted as to the amount of times my firm can submit applications to get back on the Nationwide Building Society conveyancing panel?
- Can we appeal if my firm’s application for reinstatement is turned down?
- What is the application procedures to revert back onto the Nationwide Building Society conveyancing panel?
- Is there a charge 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?
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.