Removal from the Yorkshire Building Society and other lender panels: Why they do it and how to get reinstated
- Your firm fails to meet the criteria to remain on the Yorkshire Building Society conveyancing 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.
- Breaches of Yorkshire Building Society conveyancing panel requirements
- Failure to reapply to remain on the Yorkshire Building Society convincing panel
- Persistent 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.
Common questions about Yorkshire Building Society conveyancing panel reinstatement
- Can we 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 application to the Yorkshire Building Society panel is accepted?
- Can we appeal if our application for reinstatement is turned down?
- Who should sign the reinstatement application to the Yorkshire Building Society panel ?
- Does my practice need to apply annually to remain on the Yorkshire Building Society conveyancing panel?
- Am I restricted as to the number of occasions my practice can submit applications to get back 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 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.