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

  • Significant delays in registering security 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.
  • Persistent delays in post completion requirements on behalf of Suffolk Building Society
  • Breaches of Suffolk Building Society conveyancing panel requirements
  • Your law firm no longer meets the criteria to remain on the Suffolk Building Society conveyancing panel
  • Missing deadline to reapply to remain on the Suffolk Building Society convincing panel

Suffolk Building Society panel reinstatement: Five Common Questions

  • Do any avenues remain open if my firm’s reinstatement panel submission with Suffolk Building Society is turned down?
  • How long does the application process take when applying to revert back onto the Suffolk Building Society conveyancing panel?
  • Is it the practice manager who is required to complete the reinstatement application to the Suffolk Building Society panel ?
  • Does my practice need to apply annually to remain on the Suffolk Building Society conveyancing panel?
  • Am I restricted as to the number of occasions my law firm can submit applications to get back 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.

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