Removal from the Principality Building Society and other lender panels: Why they do it and how to get reinstated
- Persistent non-compliance with post completion requirements on behalf of Principality Building Society
- Breaches of Principality Building Society conveyancing panel requirements
- Your practice no longer meets the criteria to remain on the Principality Building Society conveyancing panel
- Principality 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.
- Missing deadline to reapply to be on the Principality Building Society convincing panel
Principality Building Society panel reinstatement : You have questions, we have answers
- Can we act for Principality Building Society while the appeal for reinstatement on the Principality Building Society panel is being reviewed? How do I find out if our reinstatement appeal to the Principality Building Society panel is accepted?
- To what extent is my firm permanently excluded if my firm’s reinstatement panel application with Principality Building Society is rejected?
- Does the COLP in my firm need to complete the reinstatement application to the Principality Building Society panel ?
- Are you able to explain why our application for reinstatement is declined?
- Am I restricted as to the amount of occasions my firm can apply to be reinstated on the Principality Building Society conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Principality Building Society panel reinstatement is to ensure that your firm is not removed off of the Principality 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 Principality Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Principality 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 Principality Building Society conveyancing panel.