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

  • Persistent non-compliance with post completion requirements on behalf of Yorkshire Building Society
  • Non-compliance with the Yorkshire Building Society panel terms, 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 subscribe.
  • Recurring 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.
  • 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.
  • Breaches of Yorkshire Building Society conveyancing panel Terms and Conditions

Yorkshire Building Society Conveyancing Panel Reinstatement: Common Questions

  • Can we act for Yorkshire Building Society while the application for reinstatement on the Yorkshire Building Society panel is being processed? How do I find out if our reinstatement application to the Yorkshire Building Society panel is approved?
  • What times frames are involved when applying to revert back 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 ?
  • How do I discover why this practice’s application for reinstatement is turned down?
  • Does my practice need to apply annually to remain 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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