Removal from the Newbury Building Society and other lender panels: Why they do it and how to get reinstated

  • Missing deadline to reapply to remain on the Newbury Building Society convincing panel
  • Breaches of Newbury Building Society conveyancing panel Terms and Conditions
  • Newbury 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.
  • Significant delays in registering a charge on behalf of Newbury Building Society Delays or failure to register the Newbury Building Society charge may result in referral to external lawyers of Newbury Building Society to complete outstanding requirements.
  • Your practice fails to meet the criteria to remain on the Newbury Building Society conveyancing panel

How can we assist? Newbury Building Society panel reinstatement questions

  • Does the COLP in my firm need to sign the reinstatement application to the Newbury Building Society panel ?
  • Am I restricted as to the number of times my firm can submit applications to get back on the Newbury Building Society conveyancing panel?
  • Please can you set out the application protocol to revert back onto the Newbury Building Society conveyancing panel?
  • How long does the application process take when applying to be reinstated onto the Newbury Building Society conveyancing panel?
  • Is it possible to find out my firm’s application for reinstatement was refused?

Top Tip: The best way to avoid the hassle of seeking Newbury Building Society panel reinstatement is to ensure that your firm is not removed off of the Newbury 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 Newbury Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Newbury 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 Newbury Building Society conveyancing panel.

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