Removal from the Swansea Building Society and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to be on the Swansea Building Society convincing panel
- Non-compliance with the Swansea Building Society panel requirements, the written instructions that Swansea Building Society give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Swansea Building Society may subsequently subscribe.
- Persistent delays in registering a charge on behalf of Swansea Building Society Delays or failure to register the Swansea Building Society charge may result in referral to external lawyers of Swansea Building Society to complete outstanding requirements.
- Swansea 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.
- Breaches of Swansea Building Society conveyancing panel Terms and Conditions
Answers to Frequently asked questions concerning Swansea Building Society panel reinstatement
- What times frames are involved when applying to revert back onto the Swansea Building Society conveyancing panel?
- Can we act for Swansea Building Society while the appeal for reinstatement on the Swansea Building Society panel is being progressed? How do I find out if our reinstatement appeal to the Swansea Building Society panel is approved?
- What are the next steps open to me if our Swansea Building Society panel reinstatement application is turned down and our client has a mortgage offer with the Swansea Building Society?
- Is the door firmly shut if my firm’s reinstatement panel application with Swansea Building Society is turned down?
- Am I restricted as to the amount of times my firm can submit applications to be reinstated on the Swansea Building Society conveyancing 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 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 Swansea Building Society conveyancing panel.