Removal from the Norwich and Peterborough Building Society and other lender panels: Why they do it and how to get reinstated
- Significant delays in registering security 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.
- 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 non-compliance with post completion requirements set by Norwich and Peterborough Building Society
- Breaches of Norwich and Peterborough Building Society conveyancing panel Terms and Conditions
- Missing deadline to reapply to remain on the Norwich and Peterborough Building Society convincing panel
Norwich and Peterborough Building Society panel reinstatement: Five Common Questions
- Does my practice need to apply annually to be reinstated on the Norwich and Peterborough Building Society conveyancing panel?
- Am I restricted as to the number of occasions my firm can apply to be reinstated on the Norwich and Peterborough Building Society conveyancing panel?
- Please can you set out the application process to be reinstated onto the Norwich and Peterborough Building Society conveyancing panel?
- What are our options if our reinstatement panel submission with Norwich and Peterborough Building Society is rejected?
- 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.