Removal from the Swansea Building Society and other lender panels: Why they do it and how to get reinstated
- Failure to act in accordance with the Swansea Building Society panel terms, the written instructions that Swansea Building Society provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Swansea Building Society may subsequently adopt.
- Swansea 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.
- Breaches of Swansea Building Society conveyancing panel requirements
- Your firm no longer meets the criteria to remain on the Swansea Building Society conveyancing panel
- Persistent delays in post completion requirements set by Swansea Building Society
Common questions about Swansea Building Society conveyancing panel reinstatement
- Is there a limit to the number of occasions my practice can submit applications to be reinstated on the Swansea Building Society conveyancing panel?
- Can this firm act for Swansea Building Society while the application for reinstatement on the Swansea Building Society panel is being reviewed? How do I find out if our reinstatement appeal to the Swansea Building Society panel is approved?
- What times frames are involved when applying to revert back onto the Swansea Building Society conveyancing panel?
- Is it possible to find out our application for reinstatement is declined?
- Who should sign the reinstatement application to the Swansea Building Society panel ?
Top Tip: The best way to avoid the hassle of seeking Swansea Building Society panel reinstatement is to ensure that your firm is not removed off of the Swansea 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 Swansea Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Swansea 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 Swansea Building Society conveyancing panel.