Removal from the Newcastle Building Society and other lender panels: Why they do it and how to get reinstated
- Breaches of Newcastle Building Society conveyancing panel requirements
- Recurring 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.
- Failure to reapply to remain on the Newcastle Building Society convincing panel
- Failure to act in accordance 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 non-compliance with post completion requirements on behalf of Newcastle Building Society
Newcastle Building Society panel reinstatement : questions that we get asked
- Am I restricted as to the number of times my law firm can submit applications to get back on the Newcastle Building Society conveyancing panel?
- Does the COLP in my firm need to complete the reinstatement application to the Newcastle Building Society panel ?
- Can this firm 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 accepted?
- Is it possible to find out my firm’s application for reinstatement was declined?
- Please can you set out the application process to revert back 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.