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

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

Yorkshire Building Society panel reinstatement: Five Common Questions

  • Can this firm act for Yorkshire Building Society while the appeal for reinstatement on the Yorkshire Building Society panel is being progressed? How do I know if our reinstatement appeal to the Yorkshire Building Society panel is accepted?
  • What times frames are involved when applying to revert back onto the Yorkshire Building Society conveyancing panel?
  • Do any avenues remain open if our reinstatement panel submission with Yorkshire Building Society is declined?
  • What will happen if our Yorkshire Building Society panel reinstatement application is rejected and our client has a mortgage application with the Yorkshire Building Society?
  • How do I discover why this practice’s application for reinstatement is refused?

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

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