Removal from the Saffron Building Society and other lender panels: Why they do it and how to get reinstated
- 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
- Failure to act in accordance with the Saffron Building Society panel terms, the written instructions that Saffron Building Society provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Saffron Building Society may subsequently subscribe.
- Significant 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.
- Persistent non-compliance with post completion requirements on behalf of Saffron Building Society
Saffron Building Society panel reinstatement : questions that we get asked
- How do I discover why my firm’s application for reinstatement was declined?
- Please can you set out the application protocol to revert back onto the Saffron Building Society conveyancing panel?
- Is there a charge to be reinstated onto the Saffron Building Society conveyancing panel?
- Am I restricted as to the number of times my practice can submit applications to get back on the Saffron Building Society conveyancing panel?
- What times frames are involved when applying to be reinstated onto the Saffron Building Society conveyancing panel?
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.