Removal from the Newcastle Building Society and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to be on the Newcastle Building Society convincing panel
- Your firm no longer meets the criteria to remain on the Newcastle Building Society conveyancing panel
- Breaches of Newcastle Building Society conveyancing panel Terms and Conditions
- 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.
- Failure to act in accordance with the Newcastle Building Society panel terms, the written instructions that Newcastle Building Society provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Newcastle Building Society may subsequently subscribe.
FAQs : Newcastle Building Society Conveyancing panel reinstatement
- What are our options if our reinstatement panel application with Newcastle Building Society is turned down?
- Is there a fee to revert back onto the Newcastle Building Society conveyancing panel?
- Can we act for Newcastle Building Society while the application for reinstatement on the Newcastle Building Society panel is being reviewed? How do I find out if our reinstatement appeal to the Newcastle Building Society panel is approved?
- Does my practice need to apply annually to be reinstated on the Newcastle Building Society conveyancing panel?
- What is the application protocol to be reinstated onto the Newcastle Building Society conveyancing panel?
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 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 Newcastle Building Society conveyancing panel.