Can you assist? - How does my firm get reinstated on the Skipton Building Society panel?

Has your firm been taken off the Skipton Building Society conveyancing panel due to the following reasons?

  1. Non-compliance with the Skipton Building Society panel terms, the written instructions that Skipton Building Society provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Skipton Building Society may subsequently subscribe.
  2. Your law firm no longer meets the criteria to remain on the Skipton Building Society conveyancing panel
  3. Breaches of Skipton Building Society conveyancing panel Terms and Conditions
  4. Recurring non-compliance with post completion requirements set by Skipton Building Society
  5. Significant delays in registering a charge on behalf of Skipton Building Society Delays or failure to register the Skipton Building Society charge may result in referral to external lawyers of Skipton Building Society to complete outstanding requirements.

Skipton Building Society panel reinstatement : questions that we get asked

  1. Can this firm act for Skipton Building Society while the application for reinstatement on the Skipton Building Society panel is being assessed? How do I know if our reinstatement appeal to the Skipton Building Society panel is approved?
  2. What are the consequences if our Skipton Building Society panel reinstatement application is turned down and the client of the firm has a mortgage offer with the Skipton Building Society?
  3. What times frames are involved when applying to revert back onto the Skipton Building Society conveyancing panel?
  4. Does the COLP in my firm need to sign the reinstatement application to the Skipton Building Society panel ?
  5. Is there a fee to revert back onto the Skipton Building Society conveyancing panel?

Top Tip: The best way to avoid the hassle of seeking Skipton Building Society panel reinstatement is to ensure that your firm is not removed off of the Skipton 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 Skipton Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Skipton 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 Skipton Building Society conveyancing panel.