Removal from the Swansea Building Society and other lender panels: Why they do it and how to get reinstated
- Recurring non-compliance with post completion requirements on behalf of Swansea Building Society
- Recurring delays in registering security 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.
- Missing deadline to reapply to be on the Swansea Building Society convincing panel
- Your practice fails to meet the criteria to remain on the Swansea Building Society conveyancing panel
- 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 panel reinstatement : You have questions, we have answers
- To what extent is my firm permanently excluded if my firm’s reinstatement panel submission with Swansea Building Society is declined?
- Please can you set out the application protocol to be reinstated onto the Swansea Building Society conveyancing panel?
- What happens if our Swansea Building Society panel reinstatement application is turned down and our client has a mortgage offer with the Swansea Building Society?
- How long does the application process take when applying to be reinstated 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 progressed? How do I discover if our reinstatement appeal to the Swansea Building Society panel is accepted?
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.