Removal from the Newcastle Building Society and other lender panels: Why they do it and how to get reinstated
- Persistent delays in post completion requirements on behalf of Newcastle Building Society
- Failure to reapply to be on the Newcastle Building Society convincing panel
- Newcastle Building Society may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
- Breaches of Newcastle Building Society conveyancing panel Terms and Conditions
- Recurring 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.
Frequently asked questions concerning Newcastle Building Society panel reinstatement
- Am I restricted as to the amount of occasions my practice can apply to get back on 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 processed? How do I know if our reinstatement appeal to the Newcastle Building Society panel is accepted?
- Is it possible to find out my firm’s application for reinstatement is turned down?
- How often will this firm be required to re-apply to remain on the Newcastle Building Society conveyancing panel?
- To what extent is my firm permanently excluded if my firm’s reinstatement panel application with Newcastle Building Society is rejected?
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.