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

  • Non-compliance with the Stafford Railway Building Society panel terms, the written instructions that Stafford Railway Building Society provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Stafford Railway Building Society may subsequently subscribe.
  • Significant delays in post completion requirements set by Stafford Railway Building Society
  • Your law firm no longer meets the criteria to remain on the Stafford Railway Building Society conveyancing panel
  • Significant delays in registering security on behalf of Stafford Railway Building Society Delays or failure to register the Stafford Railway Building Society charge may result in referral to external lawyers of Stafford Railway Building Society to complete outstanding requirements.
  • Stafford Railway 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.

Stafford Railway Building Society panel reinstatement : questions that we get asked

  • Is it possible to find out this practice’s application for reinstatement is refused?
  • Is the door firmly shut if our reinstatement panel submission with Stafford Railway Building Society is refused?
  • How often will this firm be required to re-apply to be reinstated on the Stafford Railway Building Society conveyancing panel?
  • What will happen if our Stafford Railway Building Society panel reinstatement application is turned down and the client of the firm has a mortgage offer with the Stafford Railway Building Society?
  • Is there a charge to revert back onto the Stafford Railway Building Society conveyancing panel?

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

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