Removal from the Holmesdale Building Society and other lender panels: Why they do it and how to get reinstated
- 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.
- Holmesdale Building Society may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
- Your practice fails to meet the criteria to remain on the Holmesdale Building Society conveyancing panel
- Persistent delays in post completion requirements on behalf of Holmesdale Building Society
- Persistent delays in registering a charge 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.
Holmesdale Building Society panel reinstatement : questions that we get asked
- How do I discover why our application for reinstatement was declined?
- Please can you set out the application procedures to be reinstated onto the Holmesdale Building Society conveyancing panel?
- What are the consequences if our Holmesdale Building Society panel reinstatement application is refused and the client of the firm has a mortgage application with the Holmesdale Building Society?
- Can we act for Holmesdale Building Society while the application 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?
- Does my practice need to apply annually to remain 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.