Removal from the Teachers Building Society and other lender panels: Why they do it and how to get reinstated
- 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.
- Non-compliance with the Teachers Building Society panel terms, the written instructions that Teachers Building Society give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Teachers Building Society may subsequently subscribe.
- Your law firm no longer meets the criteria to remain on the Teachers Building Society conveyancing panel
- Breaches of Teachers Building Society conveyancing panel Terms and Conditions
- Failure to reapply to remain on the Teachers Building Society convincing panel
Teachers Building Society panel reinstatement : questions that we get asked
- Is the door firmly shut if my firm’s reinstatement panel application with Teachers Building Society is refused?
- Can you outline the application protocol to revert back onto the Teachers Building Society conveyancing panel?
- Can we appeal if this practice’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?
- What will happen if our Teachers Building Society panel reinstatement application is declined and the client of the firm has a mortgage application 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 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.