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
- Significant 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.
- Failure to act in accordance with the Swansea Building Society panel terms, 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 adopt.
- Breaches of Swansea Building Society conveyancing panel 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.
Swansea Building Society panel reinstatement: Five Common Questions
- Is it the practice manager who is required to sign the reinstatement application to the Swansea Building Society panel ?
- What times frames are involved when applying to be reinstated onto the Swansea Building Society conveyancing panel?
- Is there a charge to revert back onto 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 processed? How do I find out if our reinstatement application to the Swansea Building Society panel is approved?
- Are you able to explain why my firm’s application for reinstatement was rejected?
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.