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

  • Your firm no longer meets the criteria to remain on the Holmesdale Building Society conveyancing panel
  • Non-compliance with the Holmesdale Building Society panel requirements, the written instructions that Holmesdale Building Society provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Holmesdale Building Society may subsequently adopt.
  • Failure to reapply to be on the Holmesdale Building Society convincing panel
  • Persistent non-compliance with post completion requirements set by Holmesdale Building Society
  • Holmesdale Building Society may terminate membership of its conveyancing panel where a firm provides false answers in its application form or in relation to any future requests for information.

Holmesdale Building Society panel reinstatement : questions that we get asked

  • Is there a limit to the number of occasions my law firm can submit applications to be reinstated on the Holmesdale Building Society conveyancing panel?
  • Is there a charge to revert back onto the Holmesdale Building Society conveyancing panel?
  • Is it the practice manager who is required to complete the reinstatement application to the Holmesdale Building Society panel ?
  • What is the application procedures to revert back onto the Holmesdale Building Society conveyancing panel?
  • Does my practice need to apply annually to remain on the Holmesdale Building Society conveyancing panel?

Top Tip: The best way to avoid the hassle of seeking Holmesdale Building Society panel reinstatement is to ensure that your firm is not removed off of the Holmesdale 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 Holmesdale Building Society conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Holmesdale 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 Holmesdale Building Society conveyancing panel.

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