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 Terms and Conditions
- Norwich and Peterborough Building Society may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
- Significant delays in registering a charge on behalf of Norwich and Peterborough Building Society Delays or failure to register the Norwich and Peterborough Building Society charge may result in referral to external lawyers of Norwich and Peterborough Building Society to complete outstanding requirements.
- Missing deadline to reapply to remain on the Norwich and Peterborough Building Society convincing panel
- 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 adopt.
Top questions concerning Norwich and Peterborough Building Society panel reinstatement
- How do I discover why our application for reinstatement was declined?
- Is there a fee to revert back onto the Norwich and Peterborough Building Society conveyancing panel?
- Does the COLP in my firm need to sign the reinstatement application to the Norwich and Peterborough Building Society panel ?
- What will happen if our Norwich and Peterborough Building Society panel reinstatement application is rejected and our client has a mortgage offer with the Norwich and Peterborough Building Society?
- Can you outline the application process to be reinstated onto the Norwich and Peterborough Building Society conveyancing 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 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 Norwich and Peterborough Building Society conveyancing panel.