Removal from the Teachers Building Society and other lender panels: Why they do it and how to get reinstated
- Your firm fails to meet the criteria to remain on the Teachers Building Society conveyancing panel
- Failure to reapply to remain on the Teachers Building Society convincing panel
- Breaches of Teachers Building Society conveyancing panel requirements
- 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.
- Recurring 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.
How can we assist? Teachers Building Society panel reinstatement questions
- Is there a fee to be reinstated onto the Teachers Building Society conveyancing panel?
- Are you able to explain why this practice’s application for reinstatement is declined?
- Is there a limit to the amount of times my firm can apply to get back on the Teachers Building Society conveyancing panel?
- Does the COLP in my firm need to complete the reinstatement application to the Teachers Building Society panel ?
- How often will this firm be required to re-apply to be reinstated on 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 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.