Removal from the Swansea Building Society and other lender panels: Why they do it and how to get reinstated
- Persistent 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.
- Persistent non-compliance with post completion requirements set by Swansea Building Society
- Swansea Building Society may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
- Your practice no longer meets the criteria to remain on the Swansea Building Society conveyancing panel
- Breaches of Swansea Building Society conveyancing panel requirements
Common questions about Swansea Building Society conveyancing panel reinstatement
- Is there a cost to be reinstated onto the Swansea Building Society conveyancing panel?
- How long does the application process take when applying to be reinstated onto the Swansea Building Society conveyancing panel?
- Can we appeal if this practice’s application for reinstatement was declined?
- What are the consequences if our Swansea Building Society panel reinstatement application is refused and the client of the firm has a mortgage offer with the Swansea Building Society?
- What is the application protocol 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.