Removal from the Teachers Building Society and other lender panels: Why they do it and how to get reinstated
- Failure to reapply to be on the Teachers Building Society convincing panel
- Recurring delays in post completion requirements on behalf of Teachers Building Society
- Breaches of Teachers Building Society conveyancing panel requirements
- Your 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.
Common queries about Teachers Building Society conveyancing panel reinstatement
- How often will this firm be required to re-apply to remain on the Teachers Building Society conveyancing panel?
- What are the next steps open to me if our Teachers Building Society panel reinstatement application is refused and our client has a mortgage offer with the Teachers Building Society?
- Can we act for Teachers Building Society while the appeal for reinstatement on the Teachers Building Society panel is being progressed? How do I know if our reinstatement appeal to the Teachers Building Society panel is accepted?
- Can we appeal if my firm’s application for reinstatement is turned down?
- How long does the application process take when applying to be reinstated onto 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 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.