Is your practice seeking to rejoin the Teachers Building Society panel?

Consider the the following reasons law firms require reinstatement onto the Teachers Building Society conveyancing panel

  1. Breaches of Teachers Building Society conveyancing panel Terms and Conditions
  2. Failure to act in accordance with the Teachers Building Society panel terms, the written instructions that Teachers Building Society give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Teachers Building Society may subsequently adopt.
  3. Teachers 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.
  4. Your practice no longer meets the criteria to remain on the Teachers Building Society conveyancing panel
  5. Missing deadline to reapply to remain on the Teachers Building Society convincing panel

Frequently asked questions concerning Teachers Building Society panel reinstatement

  1. What are the consequences if our Teachers Building Society panel reinstatement application is refused and the client of the firm has a mortgage application with the Teachers Building Society?
  2. Who should complete the reinstatement application to the Teachers Building Society panel ?
  3. Can this firm act for Teachers Building Society while the application for reinstatement on the Teachers Building Society panel is being progressed? How do I know if our reinstatement appeal to the Teachers Building Society panel is approved?
  4. Am I restricted as to the amount of times my practice can apply to get back on the Teachers Building Society conveyancing panel?
  5. How long does the application process take when applying to be reinstated onto the Teachers Building Society conveyancing panel?

Top Tip: The best way to avoid the hassle of seeking Teachers Building Society panel reinstatement is to ensure that your firm is not removed off of the Teachers 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 Teachers Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Teachers 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 Teachers Building Society conveyancing panel.