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

  • Persistent 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.
  • Breaches of Teachers Building Society conveyancing panel requirements
  • Missing deadline to reapply to remain on the Teachers Building Society convincing panel
  • Significant non-compliance with post completion requirements set by Teachers Building Society
  • 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.

Answers to Frequently asked questions concerning Teachers Building Society panel reinstatement

  • Can you outline the application process to be reinstated onto the Teachers Building Society conveyancing panel?
  • Can this firm act for Teachers Building Society while the application for reinstatement on the Teachers Building Society panel is being processed? How do I find out if our reinstatement application to the Teachers Building Society panel is approved?
  • Are you able to explain why this practice’s application for reinstatement is rejected?
  • What will happen if our Teachers Building Society panel reinstatement application is refused and the client of the firm has a mortgage offer with the Teachers Building Society?
  • Who should complete the reinstatement application to the Teachers Building Society 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 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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