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 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.
  • 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 requirements
  • Significant 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.

Common questions about Swansea Building Society conveyancing panel reinstatement

  • Can we appeal if my firm’s application for reinstatement was turned down?
  • What happens if our Swansea Building Society panel reinstatement application is rejected and our client has a mortgage offer with the Swansea Building Society?
  • Is there a limit to the number of times my practice can submit applications to be reinstated on the Swansea Building Society conveyancing panel?
  • Does my practice need to apply annually to be reinstated on the Swansea Building Society conveyancing panel?
  • Does the COLP in my firm need to complete the reinstatement application to the Swansea Building Society 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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