Removal from the Holmesdale Building Society and other lender panels: Why they do it and how to get reinstated
- Your practice no longer meets the criteria to remain on the Holmesdale Building Society conveyancing panel
- Missing deadline to reapply to be on the Holmesdale Building Society convincing panel
- 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.
- 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.
- Recurring delays in post completion requirements set by Holmesdale Building Society
Holmesdale Building Society Conveyancing Panel Reinstatement: Common Questions
- Is it the practice manager who is required to sign the reinstatement application to the Holmesdale Building Society 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 appeal to the Holmesdale Building Society panel is approved?
- Please can you set out the application procedures to revert back onto the Holmesdale Building Society conveyancing panel?
- How often will this firm be required to re-apply to be reinstated on the Holmesdale Building Society conveyancing panel?
- What are the next steps open to me if our Holmesdale Building Society panel reinstatement application is turned down and our client 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.