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 Terms and Conditions
- Missing deadline to reapply to be 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.
- 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.
- Recurring non-compliance with post completion requirements set by Newcastle Building Society
Newcastle Building Society Conveyancing Panel Reinstatement: Common Questions
- What happens if our Newcastle Building Society panel reinstatement application is declined and the client of the firm has a mortgage offer with the Newcastle Building Society?
- How long does the application process take when applying to revert back onto the Newcastle Building Society conveyancing panel?
- Does my practice need to apply annually to be reinstated on the Newcastle Building Society conveyancing panel?
- Am I restricted as to the number of times my firm can apply to be reinstated on the Newcastle Building Society conveyancing panel?
- Can you outline 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 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.