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

  • Skipton 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.
  • 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.
  • Breaches of Skipton Building Society conveyancing panel requirements
  • Significant non-compliance with post completion requirements on behalf of Skipton Building Society
  • 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.

Questions Skipton Building Society panel reinstatement firms ask us

  • Does the COLP in my firm need to complete the reinstatement application to the Skipton Building Society panel ?
  • Is there a cost to revert back onto the Skipton Building Society conveyancing panel?
  • 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 discover if our reinstatement appeal to the Skipton Building Society panel is accepted?
  • How do I discover why my firm’s application for reinstatement was turned down?
  • Does my practice need to apply annually to remain 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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