Removal from the Swansea Building Society and other lender panels: Why they do it and how to get reinstated
- 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.
- Persistent non-compliance with post completion requirements on behalf of Swansea Building Society
- Your firm fails to meet the criteria to remain on the Swansea Building Society conveyancing panel
- 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.
- Missing deadline to reapply to be on the Swansea Building Society convincing panel
Questions Swansea Building Society panel reinstatement firms ask us
- Are you able to explain why this practice’s application for reinstatement was declined?
- Is there a limit to the number of occasions my firm can apply to be reinstated on the Swansea Building Society conveyancing panel?
- Can you outline the application protocol to revert back onto the Swansea Building Society conveyancing panel?
- Does my practice need to apply annually to remain on the Swansea Building Society conveyancing panel?
- Can we act for Swansea Building Society while the application for reinstatement on the Swansea Building Society panel is being assessed? How do I find out if our reinstatement application to the Swansea Building Society panel is approved?
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.