Removal from the Saffron Building Society and other lender panels: Why they do it and how to get reinstated
- Saffron 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.
- Your practice fails to meet the criteria to remain on the Saffron Building Society conveyancing panel
- Failure to reapply to remain on the Saffron Building Society convincing panel
- Significant non-compliance with post completion requirements set by Saffron Building Society
- Persistent delays in registering security on behalf of Saffron Building Society Delays or failure to register the Saffron Building Society charge may result in referral to external lawyers of Saffron Building Society to complete outstanding requirements.
Saffron Building Society Conveyancing Panel Reinstatement: Common Questions
- What times frames are involved when applying to revert back onto the Saffron Building Society conveyancing panel?
- How do I discover why this practice’s application for reinstatement is declined?
- How often will this firm be required to re-apply to be reinstated on the Saffron Building Society conveyancing panel?
- Can we act for Saffron Building Society while the appeal for reinstatement on the Saffron Building Society panel is being reviewed? How do I find out if our reinstatement application to the Saffron Building Society panel is approved?
- To what extent is my firm permanently excluded if my firm’s 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 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 Saffron Building Society conveyancing panel.