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

  • Missing deadline to reapply to be on the Newbury Building Society convincing panel
  • Your firm fails to meet the criteria to remain on the Newbury Building Society conveyancing panel
  • Newbury 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.
  • Breaches of Newbury Building Society conveyancing panel Terms and Conditions
  • Recurring non-compliance with post completion requirements set by Newbury Building Society

Top questions concerning Newbury Building Society panel reinstatement

  • Can you outline the application process to revert back onto the Newbury Building Society conveyancing panel?
  • How often will this firm be required to re-apply to remain on the Newbury Building Society conveyancing panel?
  • Can this firm act for Newbury Building Society while the appeal for reinstatement on the Newbury Building Society panel is being progressed? How do I find out if our reinstatement appeal to the Newbury Building Society panel is approved?
  • How long does the application process take when applying to revert back onto the Newbury Building Society conveyancing panel?
  • Are you able to explain why my firm’s application for reinstatement is turned down?

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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