Removal from the Newbury Building Society and other lender panels: Why they do it and how to get reinstated
- 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.
- Breaches of Newbury Building Society conveyancing panel Terms and Conditions
- Persistent non-compliance with post completion requirements on behalf of Newbury Building Society
- Missing deadline to reapply to remain on the Newbury Building Society convincing panel
- Non-compliance with the Newbury Building Society panel terms, the written instructions that Newbury Building Society provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Newbury Building Society may subsequently adopt.
Newbury Building Society panel reinstatement : questions that we get asked
- What will happen if our Newbury Building Society panel reinstatement application is declined and our client has a mortgage application with the Newbury Building Society?
- What times frames are involved when applying to revert back onto the Newbury Building Society conveyancing panel?
- Does my practice need to apply annually to remain on the Newbury Building Society conveyancing panel?
- Is there a fee to be reinstated onto the Newbury Building Society conveyancing panel?
- How do I discover why my firm’s application for reinstatement is declined?
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.