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

  • Your law firm fails to meet the criteria to remain on the Tipton Coseley Building Society conveyancing panel
  • Recurring non-compliance with post completion requirements set by Tipton Coseley Building Society
  • Recurring delays in registering security on behalf of Tipton Coseley Building Society Delays or failure to register the Tipton Coseley Building Society charge may result in referral to external lawyers of Tipton Coseley Building Society to complete outstanding requirements.
  • Tipton Coseley 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.
  • Failure to act in accordance with the Tipton Coseley Building Society panel requirements, the written instructions that Tipton Coseley Building Society give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Tipton Coseley Building Society may subsequently subscribe.

Tipton Coseley Building Society panel reinstatement : You have questions, we have answers

  • What are the next steps open to me if our Tipton Coseley Building Society panel reinstatement application is turned down and the client of the firm has a mortgage application with the Tipton Coseley Building Society?
  • Can this firm act for Tipton Coseley Building Society while the application for reinstatement on the Tipton Coseley Building Society panel is being reviewed? How do I find out if our reinstatement application to the Tipton Coseley Building Society panel is approved?
  • Is it possible to find out our application for reinstatement is refused?
  • Does the COLP in my firm need to complete the reinstatement application to the Tipton Coseley Building Society panel ?
  • How often will this firm be required to re-apply to remain on the Tipton Coseley Building Society conveyancing panel?

Top Tip: The best way to avoid the hassle of seeking Tipton Coseley Building Society panel reinstatement is to ensure that your firm is not removed off of the Tipton Coseley 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 Tipton Coseley Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Tipton Coseley 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 Tipton Coseley Building Society conveyancing panel.

Related Pages