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 adopt.
- Persistent 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.
- Recurring delays in post completion requirements on behalf of Stafford Railway Building Society
- Breaches of Stafford Railway Building Society conveyancing panel requirements
Stafford Railway Building Society panel reinstatement: Five Common Questions
- Can this firm act for Stafford Railway Building Society while the application for reinstatement on the Stafford Railway Building Society panel is being processed? How do I know if our reinstatement appeal to the Stafford Railway Building Society panel is accepted?
- Is it the practice manager who is required to complete the reinstatement application to the Stafford Railway Building Society panel ?
- How often will this firm be required to re-apply to remain on the Stafford Railway Building Society conveyancing panel?
- Is there a fee to revert back onto the Stafford Railway Building Society conveyancing panel?
- What times frames are involved when applying 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.