Removal from the Newcastle Building Society and other lender panels: Why they do it and how to get reinstated
- Non-compliance with the Newcastle Building Society panel terms, the written instructions that Newcastle Building Society provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Newcastle Building Society may subsequently subscribe.
- Failure to reapply to remain on the Newcastle Building Society convincing panel
- Your firm fails to meet the criteria to remain on the Newcastle Building Society conveyancing panel
- Persistent delays in post completion requirements on behalf of Newcastle Building Society
- Breaches of Newcastle Building Society conveyancing panel requirements
Questions Newcastle Building Society panel reinstatement firms ask us
- Do any avenues remain open if my firm’s reinstatement panel submission with Newcastle Building Society is refused?
- Is there a limit to the number of occasions my law firm can submit applications to get back on the Newcastle Building Society conveyancing panel?
- What is the application procedures to be reinstated onto the Newcastle Building Society conveyancing panel?
- How long does the application process take when applying to be reinstated onto the Newcastle Building Society conveyancing panel?
- Can this firm act for Newcastle Building Society while the application for reinstatement on the Newcastle Building Society panel is being assessed? How do I find out if our reinstatement appeal to the Newcastle Building Society panel is approved?
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.