Removal from the Saffron Building Society and other lender panels: Why they do it and how to get reinstated
- Failure to reapply to remain on the Saffron Building Society convincing panel
- Your firm fails to meet the criteria to remain on the Saffron Building Society conveyancing panel
- Saffron 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 Saffron Building Society conveyancing panel Terms and Conditions
- Recurring non-compliance with post completion requirements on behalf of Saffron Building Society
Questions Saffron Building Society panel reinstatement firms ask us
- How often will this firm be required to re-apply to remain on the Saffron Building Society conveyancing panel?
- How do I discover why my firm’s application for reinstatement is declined?
- Can you outline the application protocol to be reinstated onto the Saffron Building Society conveyancing panel?
- Does the COLP in my firm need to sign the reinstatement application to the Saffron Building Society panel ?
- What are the next steps open to me if our Saffron Building Society panel reinstatement application is turned down and our client has a mortgage offer with the Saffron Building Society?
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.