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

  • Significant 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 reapply to remain on the Yorkshire Building Society convincing panel
  • Your practice no longer meets the criteria to remain on the Yorkshire Building Society conveyancing panel
  • Failure to act in accordance with the Yorkshire Building Society panel requirements, 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.
  • 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.

Yorkshire Building Society panel reinstatement: Five Common Questions

  • Can this firm 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 appeal to the Yorkshire Building Society panel is accepted?
  • Is there a limit to the number of occasions my firm can apply to be reinstated on the Yorkshire Building Society conveyancing panel?
  • Does my practice need to apply annually to remain on the Yorkshire Building Society conveyancing panel?
  • Are you able to explain why this practice’s application for reinstatement was turned down?
  • What times frames are involved 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.

Related Pages