Removal from the Nottingham Building Society and other lender panels: Why they do it and how to get reinstated
- Nottingham 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.
- Your law firm no longer meets the criteria to remain on the Nottingham Building Society conveyancing panel
- Failure to reapply to be on the Nottingham Building Society convincing panel
- Recurring non-compliance with post completion requirements on behalf of Nottingham Building Society
- Recurring delays in registering a charge on behalf of Nottingham Building Society Delays or failure to register the Nottingham Building Society charge may result in referral to external lawyers of Nottingham Building Society to complete outstanding requirements.
How can we assist? Nottingham Building Society panel reinstatement questions
- Does the COLP in my firm need to sign the reinstatement application to the Nottingham Building Society panel ?
- What are our options if my firm’s reinstatement panel application with Nottingham Building Society is declined?
- Am I restricted as to the amount of times my firm can submit applications to be reinstated on the Nottingham Building Society conveyancing panel?
- How long does the application process take when applying to be reinstated onto the Nottingham Building Society conveyancing panel?
- What are the consequences if our Nottingham Building Society panel reinstatement application is declined and our client has a mortgage offer with the Nottingham Building Society?
Top Tip: The best way to avoid the hassle of seeking Nottingham Building Society panel reinstatement is to ensure that your firm is not removed off of the Nottingham 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 Nottingham Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Nottingham 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 Nottingham Building Society conveyancing panel.