Removal from the Teachers Building Society and other lender panels: Why they do it and how to get reinstated

  • Significant delays in registering security on behalf of Teachers Building Society Delays or failure to register the Teachers Building Society charge may result in referral to external lawyers of Teachers Building Society to complete outstanding requirements.
  • Non-compliance with the Teachers Building Society panel requirements, the written instructions that Teachers Building Society provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Teachers Building Society may subsequently adopt.
  • 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.
  • Persistent non-compliance with post completion requirements set by Teachers Building Society
  • Failure to reapply to remain on the Teachers Building Society convincing panel

Teachers Building Society panel reinstatement: Five Common Questions

  • What are the consequences if our Teachers Building Society panel reinstatement application is rejected and the client of the firm has a mortgage application with the Teachers Building Society?
  • Is the door firmly shut if our reinstatement panel application with Teachers Building Society is declined?
  • Is there a limit to the number of times my firm can apply to be reinstated on the Teachers Building Society conveyancing panel?
  • What is the application process to revert back onto the Teachers Building Society conveyancing panel?
  • Is it possible to find out this practice’s application for reinstatement was declined?

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 appointed 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.

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