Removal from the Yorkshire Building Society and other lender panels: Why they do it and how to get reinstated
- Your law firm no longer meets the criteria to remain on the Yorkshire Building Society conveyancing panel
- Breaches of Yorkshire Building Society conveyancing panel Terms and Conditions
- Persistent 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.
- 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 subscribe.
- Missing deadline to reapply to be on the Yorkshire Building Society convincing panel
Answers to Frequently asked questions concerning Yorkshire Building Society panel reinstatement
- Is there a charge to revert back onto the Yorkshire Building Society conveyancing panel?
- How often will this firm be required to re-apply to be reinstated on the Yorkshire Building Society conveyancing panel?
- Can we act for Yorkshire Building Society while the application for reinstatement on the Yorkshire Building Society panel is being processed? How do I discover if our reinstatement appeal to the Yorkshire Building Society panel is accepted?
- To what extent is my firm permanently excluded if our reinstatement panel application with Yorkshire Building Society is declined?
- How long does the application process take when applying to revert back onto 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.