Removal from the Penrith Building Society and other lender panels: Why they do it and how to get reinstated
- Persistent delays in registering security on behalf of Penrith Building Society Delays or failure to register the Penrith Building Society charge may result in referral to external lawyers of Penrith Building Society to complete outstanding requirements.
- Failure to reapply to remain on the Penrith Building Society convincing panel
- Penrith 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.
- Your practice fails to meet the criteria to remain on the Penrith Building Society conveyancing panel
- Breaches of Penrith Building Society conveyancing panel Terms and Conditions
Penrith Building Society panel reinstatement : questions that we get asked
- Am I restricted as to the number of times my firm can apply to get back on the Penrith Building Society conveyancing panel?
- Please can you set out the application procedures to revert back onto the Penrith Building Society conveyancing panel?
- Is it possible to find out our application for reinstatement is refused?
- What times frames are involved when applying to be reinstated onto the Penrith Building Society conveyancing panel?
- Is it the practice manager who is required to sign the reinstatement application to the Penrith Building Society panel ?
Top Tip: The best way to avoid the hassle of seeking Penrith Building Society panel reinstatement is to ensure that your firm is not removed off of the Penrith 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 Penrith Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Penrith 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 Penrith Building Society conveyancing panel.