Removal from the Holmesdale Building Society and other lender panels: Why they do it and how to get reinstated
- Your practice no longer meets the criteria to remain on the Holmesdale Building Society conveyancing panel
- Non-compliance with the Holmesdale Building Society panel terms, the written instructions that Holmesdale Building Society give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Holmesdale Building Society may subsequently adopt.
- Breaches of Holmesdale Building Society conveyancing panel Terms and Conditions
- Failure to reapply to be on the Holmesdale Building Society convincing panel
- Holmesdale 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.
Holmesdale Building Society panel reinstatement: Five Common Questions
- Is there a limit to the number of times my law firm can submit applications to get back on the Holmesdale Building Society conveyancing panel?
- How long does the application process take when applying to revert back onto the Holmesdale Building Society conveyancing panel?
- Does the COLP in my firm need to complete the reinstatement application to the Holmesdale Building Society panel ?
- Are you able to explain why our application for reinstatement was rejected?
- What are the consequences if our Holmesdale Building Society panel reinstatement application is refused and our client has a mortgage offer with the Holmesdale Building Society?
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 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 Holmesdale Building Society conveyancing panel.