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

  • Failure to act in accordance with the Yorkshire Building Society panel requirements, the written instructions that Yorkshire Building Society provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Yorkshire Building Society may subsequently adopt.
  • Your practice no longer meets the criteria to remain on the Yorkshire Building Society conveyancing panel
  • Persistent non-compliance with post completion requirements set by Yorkshire Building Society
  • Significant delays in registering security 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.
  • Missing deadline to reapply to remain on the Yorkshire Building Society convincing panel

Common queries about Yorkshire Building Society conveyancing panel reinstatement

  • Is there a limit to the number of times my law firm can submit applications to get back on the Yorkshire Building Society conveyancing panel?
  • What are the consequences if our Yorkshire Building Society panel reinstatement application is refused and our client has a mortgage offer with the Yorkshire Building Society?
  • Who should complete the reinstatement application to the Yorkshire Building Society panel ?
  • How do I discover why this practice’s application for reinstatement is rejected?
  • Can this firm act for Yorkshire Building Society while the application for reinstatement on the Yorkshire Building Society panel is being reviewed? How do I discover if our reinstatement application to the Yorkshire Building Society panel is approved?

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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