Removal from the Newcastle Building Society and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to remain on the Newcastle Building Society convincing panel
- Your practice fails to meet the criteria to remain on the Newcastle Building Society conveyancing panel
- Breaches of Newcastle Building Society conveyancing panel requirements
- Non-compliance with the Newcastle Building Society panel requirements, the written instructions that Newcastle Building Society give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Newcastle Building Society may subsequently adopt.
- Persistent delays in registering a charge 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.
Newcastle Building Society panel reinstatement : You have questions, we have answers
- Is there a charge to revert back onto the Newcastle Building Society conveyancing panel?
- Can we act for Newcastle Building Society while the appeal for reinstatement on the Newcastle Building Society panel is being assessed? How do I find out if our reinstatement appeal to the Newcastle Building Society panel is approved?
- Who should complete the reinstatement application to the Newcastle Building Society panel ?
- Is the door firmly shut if my firm’s reinstatement panel application with Newcastle Building Society is declined?
- Please can you set out the application process 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 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.