Removal from the Saffron Building Society and other lender panels: Why they do it and how to get reinstated
- Your firm no longer meets the criteria to remain on the Saffron Building Society conveyancing panel
- Breaches of Saffron Building Society conveyancing panel Terms and Conditions
- Failure to act in accordance with the Saffron Building Society panel requirements, the written instructions that Saffron Building Society give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Saffron Building Society may subsequently adopt.
- Failure to reapply to be on the Saffron Building Society convincing panel
- Recurring non-compliance with post completion requirements set by Saffron Building Society
Saffron Building Society panel reinstatement : questions that we get asked
- Is there a cost to revert back onto the Saffron Building Society conveyancing panel?
- What happens if our Saffron Building Society panel reinstatement application is refused and the client of the firm has a mortgage application with the Saffron Building Society?
- Can we act for Saffron Building Society while the application for reinstatement on the Saffron Building Society panel is being assessed? How do I discover if our reinstatement appeal to the Saffron Building Society panel is approved?
- Can you outline the application protocol to be reinstated onto the Saffron Building Society conveyancing panel?
- To what extent is my firm permanently excluded if our reinstatement panel application with Saffron Building Society is turned down?
Top Tip: The best way to avoid the hassle of seeking Saffron Building Society panel reinstatement is to ensure that your firm is not removed off of the Saffron 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 Saffron Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Saffron 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 Saffron Building Society conveyancing panel.