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

  • Significant delays in post completion requirements set by Yorkshire Building Society
  • Non-compliance with the Yorkshire Building Society panel terms, 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 adopt.
  • Breaches of Yorkshire Building Society conveyancing panel requirements
  • Failure to reapply to remain on the Yorkshire Building Society convincing panel
  • Yorkshire 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.

Questions Yorkshire Building Society panel reinstatement firms ask us

  • What times frames are involved when applying to be reinstated onto the Yorkshire Building Society conveyancing panel?
  • Does the COLP in my firm need to sign the reinstatement application to the Yorkshire Building Society panel ?
  • Is there a fee to be reinstated onto the Yorkshire Building Society conveyancing panel?
  • Can you outline the application procedures to be reinstated onto the Yorkshire Building Society conveyancing panel?
  • Am I restricted as to the number of occasions my practice can apply to be reinstated on the Yorkshire Building Society conveyancing panel?

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 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 Yorkshire Building Society conveyancing panel.

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