Removal from the West Bromwich Building Society and other lender panels: Why they do it and how to get reinstated
- Failure to act in accordance with the West Bromwich Building Society panel requirements, the written instructions that West Bromwich Building Society give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which West Bromwich Building Society may subsequently adopt.
- Your firm fails to meet the criteria to remain on the West Bromwich Building Society conveyancing panel
- West Bromwich 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.
- 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.
- Persistent delays in post completion requirements set by West Bromwich Building Society
FAQs : West Bromwich Building Society Conveyancing panel reinstatement
- Can we act for West Bromwich Building Society while the application for reinstatement on the West Bromwich Building Society panel is being assessed? How do I know if our reinstatement application to the West Bromwich Building Society panel is accepted?
- Is there a limit to the number of times my firm can submit applications to be reinstated on the West Bromwich Building Society conveyancing panel?
- What will happen if our West Bromwich Building Society panel reinstatement application is turned down and the client of the firm has a mortgage application with the West Bromwich Building Society?
- Is there a charge to revert back onto the West Bromwich Building Society conveyancing panel?
- What is the application procedures to revert back 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.