Removal from the Skipton Building Society and other lender panels: Why they do it and how to get reinstated

  • Failure to act in accordance 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.
  • Significant non-compliance with post completion requirements set by Skipton Building Society
  • Your law firm fails to meet the criteria to remain on the Skipton Building Society conveyancing panel
  • Persistent delays in registering security 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.
  • Breaches of Skipton Building Society conveyancing panel Terms and Conditions

Skipton Building Society panel reinstatement : questions that we get asked

  • What times frames are involved when applying to revert back onto the Skipton Building Society conveyancing panel?
  • Does my practice need to apply annually to be reinstated on the Skipton Building Society conveyancing panel?
  • How do I discover why this practice’s application for reinstatement is declined?
  • Is there a cost to be reinstated onto the Skipton Building Society conveyancing panel?
  • Am I restricted as to the amount of occasions my practice can submit applications to be reinstated on 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 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 Skipton Building Society conveyancing panel.

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