Removal from the Teachers Building Society and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to remain on the Teachers Building Society convincing panel
- Recurring delays in post completion requirements on behalf of 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.
- Breaches of Teachers Building Society conveyancing panel Terms and Conditions
- Your firm no longer meets the criteria to remain on the Teachers Building Society conveyancing panel
Teachers Building Society panel reinstatement : questions that we get asked
- Do any avenues remain open if our reinstatement panel application with Teachers Building Society is refused?
- Can this firm act for Teachers Building Society while the application for reinstatement on the Teachers Building Society panel is being reviewed? How do I know if our reinstatement application to the Teachers Building Society panel is accepted?
- Is it the practice manager who is required to complete the reinstatement application to the Teachers Building Society panel ?
- Am I restricted as to the number of occasions my law firm can submit applications to get back on the Teachers Building Society conveyancing panel?
- 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?
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.