Removal from the Norwich and Peterborough Building Society and other lender panels: Why they do it and how to get reinstated
- Breaches of Norwich and Peterborough Building Society conveyancing panel requirements
- Non-compliance with the Norwich and Peterborough Building Society panel requirements, the written instructions that Norwich and Peterborough Building Society provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Norwich and Peterborough Building Society may subsequently subscribe.
- Norwich and Peterborough 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.
- Missing deadline to reapply to be on the Norwich and Peterborough Building Society convincing panel
- Your firm fails to meet the criteria to remain on the Norwich and Peterborough Building Society conveyancing panel
FAQs : Norwich and Peterborough Building Society Conveyancing panel reinstatement
- Is the door firmly shut if my firm’s reinstatement panel submission with Norwich and Peterborough Building Society is turned down?
- What will happen if our Norwich and Peterborough Building Society panel reinstatement application is declined and the client of the firm has a mortgage offer with the Norwich and Peterborough Building Society?
- Does my practice need to apply annually to remain on the Norwich and Peterborough Building Society conveyancing panel?
- Is there a fee to revert back onto the Norwich and Peterborough Building Society conveyancing panel?
- Does the COLP in my firm need to complete the reinstatement application to the Norwich and Peterborough Building Society panel ?
Top Tip: The best way to avoid the hassle of seeking Norwich and Peterborough Building Society panel reinstatement is to ensure that your firm is not removed off of the Norwich and Peterborough 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 Norwich and Peterborough Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Norwich and Peterborough 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 Norwich and Peterborough Building Society conveyancing panel.