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

  • Failure to reapply to be on the Swansea Building Society convincing panel
  • Failure to act in accordance with the Swansea Building Society panel requirements, 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 subscribe.
  • Significant delays in post completion requirements set by Swansea Building Society
  • Your law firm no longer meets the criteria to remain on the Swansea Building Society conveyancing 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.

Swansea Building Society Conveyancing Panel Reinstatement: Common Questions

  • What are our options if our reinstatement panel application with Swansea Building Society is rejected?
  • Is it the practice manager who is required to complete the reinstatement application to the Swansea Building Society panel ?
  • Can we act for Swansea Building Society while the appeal for reinstatement on the Swansea Building Society panel is being processed? How do I discover if our reinstatement appeal to the Swansea Building Society panel is accepted?
  • Is there a limit to the amount of occasions my firm can submit applications to be reinstated on the Swansea Building Society conveyancing panel?
  • Is there a cost to be reinstated onto 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 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.

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