Removal from the Nationwide Building Society and other lender panels: Why they do it and how to get reinstated
- 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.
- Breaches of Nationwide Building Society conveyancing panel requirements
- Your firm fails to meet the criteria to remain on the Nationwide Building Society conveyancing 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.
- Failure to reapply to remain on the Nationwide Building Society convincing panel
Common questions about Nationwide Building Society conveyancing panel reinstatement
- What times frames are involved when applying 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 are the consequences if our Nationwide Building Society panel reinstatement application is turned down and our client has a mortgage offer with the Nationwide Building Society?
- Can we act for Nationwide Building Society while the application for reinstatement on the Nationwide Building Society panel is being assessed? How do I find out if our reinstatement appeal to the Nationwide Building Society panel is accepted?
- Who should complete the reinstatement application to the Nationwide Building Society 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.