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.
  • Non-compliance with the Holmesdale Building Society panel requirements, 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.
  • Significant delays in post completion requirements set by Holmesdale Building Society
  • Breaches of Holmesdale Building Society conveyancing panel Terms and Conditions
  • Your practice no longer meets the criteria to remain on the Holmesdale Building Society conveyancing panel

Holmesdale Building Society panel reinstatement : questions that we get asked

  • Please can you set out the application procedures to revert back onto the Holmesdale Building Society conveyancing panel?
  • Is there a limit to the number of times my law firm can submit applications 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 this firm act for Holmesdale Building Society while the appeal for reinstatement on the Holmesdale Building Society panel is being progressed? How do I find out if our reinstatement application to the Holmesdale Building Society panel is approved?
  • What will happen 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?

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.

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