Removal from the Norwich and Peterborough Building Society and other lender panels: Why they do it and how to get reinstated
- 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.
- Persistent 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.
- Recurring delays in post completion requirements on behalf of Norwich and Peterborough Building Society
- Failure to reapply to remain on the Norwich and Peterborough Building Society convincing panel
- Your firm no longer meets the criteria to remain on the Norwich and Peterborough Building Society conveyancing panel
Norwich and Peterborough Building Society panel reinstatement: Five Common Questions
- Am I restricted as to the number of occasions my practice can apply to be reinstated on the Norwich and Peterborough Building Society conveyancing panel?
- Is there a charge to revert back onto the Norwich and Peterborough Building Society conveyancing panel?
- What are the next steps open to me if our Norwich and Peterborough Building Society panel reinstatement application is declined and the client of the firm has a mortgage application with the Norwich and Peterborough Building Society?
- How often will this firm be required to re-apply to be reinstated on the Norwich and Peterborough Building Society conveyancing panel?
- Is it the practice manager who is required to sign 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.