Removal from the West Bromwich Building Society and other lender panels: Why they do it and how to get reinstated
- Significant delays in post completion requirements set by West Bromwich Building Society
- Breaches of West Bromwich Building Society conveyancing panel requirements
- West Bromwich 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.
- Non-compliance with the West Bromwich Building Society panel requirements, the written instructions that West Bromwich Building Society provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which West Bromwich Building Society may subsequently subscribe.
- Recurring delays in registering security on behalf of West Bromwich Building Society Delays or failure to register the West Bromwich Building Society charge may result in referral to external lawyers of West Bromwich Building Society to complete outstanding requirements.
FAQs : West Bromwich Building Society Conveyancing panel reinstatement
- Am I restricted as to the number of occasions my firm can apply to be reinstated on the West Bromwich Building Society conveyancing panel?
- Can we act for West Bromwich Building Society while the application for reinstatement on the West Bromwich Building Society panel is being processed? How do I discover if our reinstatement appeal to the West Bromwich Building Society panel is accepted?
- Does my practice need to apply annually to remain on the West Bromwich Building Society conveyancing panel?
- Does the COLP in my firm need to sign the reinstatement application to the West Bromwich Building Society panel ?
- Is there a charge to be reinstated onto the West Bromwich Building Society conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking West Bromwich Building Society panel reinstatement is to ensure that your firm is not removed off of the West Bromwich 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 West Bromwich Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to West Bromwich 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 West Bromwich Building Society conveyancing panel.