Removal from the Teachers Building Society and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to be on the Teachers Building Society convincing panel
- Persistent non-compliance with post completion requirements on behalf of Teachers Building Society
- Persistent delays in registering a charge 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.
- Your law firm no longer meets the criteria to remain on the Teachers Building Society conveyancing panel
- Teachers 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.
FAQs : Teachers Building Society Conveyancing panel reinstatement
- Am I restricted as to the amount of times my firm can submit applications to get back on the Teachers Building Society conveyancing panel?
- What are our options if my firm’s reinstatement panel application with Teachers Building Society is turned down?
- Is there a cost to be reinstated onto the Teachers Building Society conveyancing panel?
- What happens 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?
- Can this firm act for Teachers Building Society while the appeal for reinstatement on the Teachers Building Society panel is being processed? How do I know if our reinstatement application to the Teachers Building Society panel is accepted?
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.