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.
- Failure to act in accordance 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 subscribe.
- Persistent delays in post completion requirements on behalf of Holmesdale Building Society
- Breaches of Holmesdale Building Society conveyancing panel requirements
- Failure to reapply to remain on the Holmesdale Building Society convincing panel
Questions Holmesdale Building Society panel reinstatement firms ask us
- How often will this firm be required to re-apply to be reinstated 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?
- Can we act for Holmesdale Building Society while the application for reinstatement on the Holmesdale Building Society panel is being progressed? How do I discover if our reinstatement appeal to the Holmesdale Building Society panel is approved?
- Are you able to explain why this practice’s application for reinstatement is rejected?
- What will happen if our Holmesdale Building Society panel reinstatement application is turned down and the client of the firm 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.