Removal from the Holmesdale Building Society and other lender panels: Why they do it and how to get reinstated
- Failure to act in accordance 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 subscribe.
- Significant non-compliance with post completion requirements set by Holmesdale Building Society
- Missing deadline to reapply to be on the Holmesdale Building Society convincing panel
- Recurring delays in registering a charge on behalf of Holmesdale Building Society Delays or failure to register the Holmesdale Building Society charge may result in referral to external lawyers of Holmesdale Building Society to complete outstanding requirements.
- Your practice no longer meets the criteria to remain on the Holmesdale Building Society conveyancing panel
Top questions concerning Holmesdale Building Society panel reinstatement
- Are you able to explain why our application for reinstatement is rejected?
- Can you outline the application protocol 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 ?
- What are the next steps open to me if our Holmesdale Building Society panel reinstatement application is refused and the client of the firm has a mortgage application with the Holmesdale Building Society?
- Am I restricted as to the amount of occasions my law firm can apply to get back 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 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.