Removal from the Suffolk Building Society and other lender panels: Why they do it and how to get reinstated
- 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.
- Your firm fails to meet the criteria to remain on the Suffolk Building Society conveyancing panel
- Failure to reapply to be on the Suffolk Building Society convincing panel
- Failure to act in accordance with the Suffolk Building Society panel requirements, 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.
- Breaches of Suffolk Building Society conveyancing panel requirements
How can we assist? Suffolk Building Society panel reinstatement questions
- Can you outline the application process to revert back onto the Suffolk Building Society conveyancing panel?
- Is it the practice manager who is required to sign the reinstatement application to the Suffolk Building Society panel ?
- How long does the application process take when applying to be reinstated onto the Suffolk Building Society conveyancing panel?
- How do I discover why my firm’s application for reinstatement was refused?
- How often will this firm be required to re-apply to remain on the Suffolk Building Society conveyancing panel?
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 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 Suffolk Building Society conveyancing panel.