Removal from the Newcastle Building Society and other lender panels: Why they do it and how to get reinstated
- Significant delays in registering security on behalf of Newcastle Building Society Delays or failure to register the Newcastle Building Society charge may result in referral to external lawyers of Newcastle Building Society to complete outstanding requirements.
- Missing deadline to reapply to remain on the Newcastle Building Society convincing panel
- Breaches of Newcastle Building Society conveyancing panel Terms and Conditions
- Persistent delays in post completion requirements set by Newcastle Building Society
- Newcastle 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.
Frequently asked questions concerning Newcastle Building Society panel reinstatement
- Can this firm act for Newcastle Building Society while the appeal for reinstatement on the Newcastle Building Society panel is being assessed? How do I discover if our reinstatement appeal to the Newcastle Building Society panel is approved?
- What happens if our Newcastle Building Society panel reinstatement application is rejected and our client has a mortgage application with the Newcastle Building Society?
- Can you outline the application procedures to revert back onto the Newcastle Building Society conveyancing panel?
- Is it the practice manager who is required to sign the reinstatement application to the Newcastle Building Society panel ?
- Do any avenues remain open if our reinstatement panel application with Newcastle Building Society is turned down?
Top Tip: The best way to avoid the hassle of seeking Newcastle Building Society panel reinstatement is to ensure that your firm is not removed off of the Newcastle 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 Newcastle Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Newcastle 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 Newcastle Building Society conveyancing panel.