Removal from the Nottingham Building Society and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to remain on the Nottingham Building Society convincing panel
- Failure to act in accordance with the Nottingham Building Society panel requirements, the written instructions that Nottingham Building Society provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Nottingham Building Society may subsequently adopt.
- 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.
- Breaches of Nottingham Building Society conveyancing panel requirements
- Your law firm no longer meets the criteria to remain on the Nottingham Building Society conveyancing panel
Questions Nottingham Building Society panel reinstatement firms ask us
- Is it the practice manager who is required to sign the reinstatement application to the Nottingham Building Society panel ?
- To what extent is my firm permanently excluded if my firm’s reinstatement panel submission with Nottingham Building Society is refused?
- How do I discover why this practice’s application for reinstatement is declined?
- How long does the application process take when applying to revert back onto the Nottingham Building Society conveyancing panel?
- Am I restricted as to the amount of times my practice can submit applications to be reinstated on the Nottingham Building Society conveyancing panel?
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 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 Nottingham Building Society conveyancing panel.