Can you assist? - How does my practice get reinstated on the Nationwide Building Society panel?

Example reasons law firms are removed from the Nationwide Building Society conveyancing panel

  1. 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.
  2. Failure to act in accordance with the Nationwide Building Society panel requirements, the written instructions that Nationwide Building Society give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Nationwide Building Society may subsequently subscribe.
  3. Your firm fails to meet the criteria to remain on the Nationwide Building Society conveyancing panel
  4. Breaches of Nationwide Building Society conveyancing panel requirements
  5. 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.

Answers to Frequently asked questions concerning Nationwide Building Society panel reinstatement

  1. What is the application procedures to revert back onto the Nationwide Building Society conveyancing panel?
  2. Does the COLP in my firm need to complete the reinstatement application to the Nationwide Building Society panel ?
  3. Is there a charge to be reinstated onto the Nationwide Building Society conveyancing panel?
  4. Is the door firmly shut if my firm’s reinstatement panel submission with Nationwide Building Society is turned down?
  5. Can we appeal if our application for reinstatement was rejected?

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.