Removal from the Suffolk Building Society and other lender panels: Why they do it and how to get reinstated
- Your practice no longer meets the criteria to remain on the Suffolk Building Society conveyancing panel
- Failure to act in accordance with the Suffolk Building Society panel terms, the written instructions that Suffolk Building Society provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Suffolk Building Society may subsequently subscribe.
- Recurring delays in registering a charge on behalf of Suffolk Building Society Delays or failure to register the Suffolk Building Society charge may result in referral to external lawyers of Suffolk Building Society to complete outstanding requirements.
- Suffolk 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 reapply to be on the Suffolk Building Society convincing panel
Questions Suffolk Building Society panel reinstatement firms ask us
- Can we act for Suffolk Building Society while the application for reinstatement on the Suffolk Building Society panel is being assessed? How do I find out if our reinstatement appeal to the Suffolk Building Society panel is accepted?
- Is there a cost to be reinstated onto the Suffolk Building Society conveyancing panel?
- Can you outline the application procedures to be reinstated onto the Suffolk Building Society conveyancing panel?
- Is there a limit to the number of times my practice can submit applications to get back on the Suffolk Building Society conveyancing panel?
- Is the door firmly shut if our reinstatement panel application with Suffolk Building Society is rejected?
Top Tip: The best way to avoid the hassle of seeking Suffolk Building Society panel reinstatement is to ensure that your firm is not removed off of the Suffolk 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 Suffolk Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Suffolk 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 Suffolk Building Society conveyancing panel.