Removal from the Skipton Building Society and other lender panels: Why they do it and how to get reinstated
- Your firm no longer meets the criteria to remain on the Skipton Building Society conveyancing panel
- 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.
- Failure to act in accordance with the Skipton Building Society panel terms, the written instructions that Skipton Building Society give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Skipton Building Society may subsequently adopt.
- Failure to reapply to be on the Skipton Building Society convincing panel
- Recurring delays in post completion requirements on behalf of Skipton Building Society
Skipton Building Society panel reinstatement : questions that we get asked
- 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 remain on the Skipton Building Society conveyancing panel?
- Does the COLP in my firm need to complete the reinstatement application to the Skipton Building Society panel ?
- How long does the application process take when applying to revert back onto the Skipton Building Society conveyancing panel?
- What will happen if our Skipton Building Society panel reinstatement application is rejected and our client has a mortgage offer with the Skipton Building Society?
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.