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.
- Missing deadline to reapply to be on the Skipton Building Society convincing 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 requirements
- Skipton Building Society may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
How can we assist? Skipton Building Society panel reinstatement questions
- Can this firm act for Skipton Building Society while the appeal for reinstatement on the Skipton Building Society panel is being progressed? How do I know if our reinstatement application to the Skipton Building Society panel is approved?
- Can we appeal if this practice’s application for reinstatement is refused?
- Is it the practice manager who is required to complete the reinstatement application to the Skipton Building Society panel ?
- Is there a cost to be reinstated onto the Skipton Building Society conveyancing panel?
- How often will this firm be required to re-apply 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.