Removal from the Newcastle Building Society and other lender panels: Why they do it and how to get reinstated
- Your law firm no longer meets the criteria to remain on the Newcastle Building Society conveyancing panel
- 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 provides false answers in its application form or in relation to any future requests for information.
- Breaches of Newcastle Building Society conveyancing panel Terms and Conditions
- 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 subscribe.
How can we assist? Newcastle Building Society panel reinstatement questions
- What are the consequences if our Newcastle Building Society panel reinstatement application is refused and our client has a mortgage offer with the Newcastle Building Society?
- Does my practice need to apply annually to be reinstated on the Newcastle Building Society conveyancing panel?
- Is there a charge to be reinstated onto the Newcastle Building Society conveyancing panel?
- How do I discover why our application for reinstatement is declined?
- How long does the application process take when applying 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.