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

  • Your law firm no longer meets the criteria to remain on the Holmesdale Building Society conveyancing panel
  • Recurring non-compliance with post completion requirements on behalf of 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.
  • Missing deadline to reapply to remain 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.

Frequently asked questions concerning Holmesdale Building Society panel reinstatement

  • Is there a charge to be reinstated onto 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?
  • Can we act for Holmesdale Building Society while the application for reinstatement on the Holmesdale Building Society panel is being reviewed? How do I discover if our reinstatement application to the Holmesdale Building Society panel is accepted?
  • Does my practice need to apply annually to be reinstated on the Holmesdale Building Society conveyancing panel?
  • Does the COLP in my firm need to complete the reinstatement application to the Holmesdale Building Society 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.

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