Removal from the Newcastle Building Society and other lender panels: Why they do it and how to get reinstated
- Your firm no longer meets the criteria to remain on the Newcastle Building Society conveyancing panel
- Missing deadline to reapply to remain on the Newcastle Building Society convincing panel
- 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 give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Newcastle Building Society may subsequently adopt.
- Breaches of Newcastle Building Society conveyancing panel Terms and Conditions
Newcastle Building Society Conveyancing Panel Reinstatement: Common Questions
- What times frames are involved when applying to revert back onto the Newcastle Building Society conveyancing panel?
- Is it the practice manager who is required to complete the reinstatement application to the Newcastle Building Society panel ?
- Is there a cost to revert back onto the Newcastle Building Society conveyancing panel?
- Is the door firmly shut if our reinstatement panel submission with Newcastle Building Society is refused?
- Can we act for Newcastle Building Society while the appeal for reinstatement on the Newcastle Building Society panel is being reviewed? How do I know if our reinstatement appeal to the Newcastle Building Society panel is accepted?
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.