Removal from the Holmesdale Building Society and other lender panels: Why they do it and how to get reinstated
- Significant delays in registering security 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
- 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.
- Breaches of Holmesdale Building Society conveyancing panel requirements
- 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.
Questions Holmesdale Building Society panel reinstatement firms ask us
- Is it possible to find out this practice’s application for reinstatement was turned down?
- Is there a charge to be reinstated onto the Holmesdale Building Society conveyancing panel?
- What are the next steps open to me if our Holmesdale Building Society panel reinstatement application is rejected and the client of the firm has a mortgage offer with the Holmesdale Building Society?
- What is the application protocol to revert back onto the Holmesdale Building Society conveyancing panel?
- Does my practice need to apply annually to be reinstated 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.