Removal from the Saffron Building Society and other lender panels: Why they do it and how to get reinstated
- Persistent delays in registering a charge 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 delays in post completion requirements on behalf of Saffron Building Society
- 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.
- Failure to reapply to remain on the Saffron Building Society convincing panel
- Your law firm no longer meets the criteria to remain on the Saffron Building Society conveyancing panel
Answers to Frequently asked questions concerning Saffron Building Society panel reinstatement
- What times frames are involved when applying to be reinstated onto the Saffron Building Society conveyancing panel?
- What are the consequences if our Saffron Building Society panel reinstatement application is rejected and the client of the firm has a mortgage offer with the Saffron Building Society?
- Is there a limit to the amount of occasions my law firm can apply to be reinstated on the Saffron Building Society conveyancing panel?
- Please can you set out the application process to revert back onto the Saffron Building Society conveyancing panel?
- Is there a cost to revert back 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 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.