Removal from the Holmesdale Building Society and other lender panels: Why they do it and how to get reinstated
- 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.
- Your firm fails to meet the criteria to remain on the Holmesdale Building Society conveyancing panel
- Significant 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.
- Missing deadline to reapply to be on the Holmesdale Building Society convincing panel
- Failure to act in accordance with the Holmesdale Building Society panel terms, 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.
Questions Holmesdale Building Society panel reinstatement firms ask us
- Is the door firmly shut if our reinstatement panel application with Holmesdale Building Society is turned down?
- How often will this firm be required to re-apply to remain on the Holmesdale Building Society conveyancing panel?
- What is the application protocol to be reinstated onto the Holmesdale Building Society conveyancing panel?
- What will happen if our Holmesdale Building Society panel reinstatement application is rejected and our client has a mortgage offer with the Holmesdale Building Society?
- How long does the application process take when applying to revert back onto 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.