Removal from the Nottingham Building Society and other lender panels: Why they do it and how to get reinstated
- Non-compliance with the Nottingham Building Society panel terms, 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 subscribe.
- Your practice fails to meet the criteria to remain on the Nottingham Building Society conveyancing panel
- Persistent non-compliance with post completion requirements set by Nottingham Building Society
- Nottingham 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.
- Breaches of Nottingham Building Society conveyancing panel Terms and Conditions
How can we assist? Nottingham Building Society panel reinstatement questions
- What is the application procedures to revert back onto the Nottingham Building Society conveyancing panel?
- Does the COLP in my firm need to sign the reinstatement application to the Nottingham Building Society panel ?
- Are you able to explain why my firm’s application for reinstatement is rejected?
- How often will this firm be required to re-apply to be reinstated on the Nottingham Building Society conveyancing panel?
- What are the consequences if our Nottingham Building Society panel reinstatement application is turned down and the client of the firm has a mortgage application 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 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.