Removal from the West Bromwich Building Society and other lender panels: Why they do it and how to get reinstated
- 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.
- Your practice fails to meet the criteria to remain on the West Bromwich Building Society conveyancing panel
- Breaches of West Bromwich Building Society conveyancing panel Terms and Conditions
- Recurring delays in registering a charge 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.
- Missing deadline to reapply to be on the West Bromwich Building Society convincing panel
Frequently asked questions concerning West Bromwich Building Society panel reinstatement
- Can we act for West Bromwich Building Society while the application for reinstatement on the West Bromwich Building Society panel is being progressed? How do I discover if our reinstatement application to the West Bromwich Building Society panel is accepted?
- Who should 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?
- What happens if our West Bromwich Building Society panel reinstatement application is rejected and the client of the firm has a mortgage application with the West Bromwich Building Society?
- Is there a limit to the number of occasions my practice can submit applications to get back on 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 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 West Bromwich Building Society conveyancing panel.