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approved by Holmesdale BS
Ready to buy a new home? Failing to check that a lawyer is on the Holmesdale BS list of approved solicitors can put your transaction at risk of delay or failure.
Looking for information about your firm's panel status?How does my firm apply to be on the Holmesdale Building Society Conveyancing Panel? How can my firm be reinstated onto the Holmesdale Building Society Conveyancing Panel?
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Holmesdale Building Society Conveyancing Panel : Questions and Answers
I am expecting a mortgage with Holmesdale Building Society. I would like to use a Licensed Conveyancer. Does the Holmesdale Building Society Conveyancing panel allow for Licensed Conveyancers
Holmesdale Building Society’s approved solicitor list is, like many other lenders represented by the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the CLC.
My solicitor has informed me that he requires identification documents stating that this is part of his obligations as a solicitor on the Holmesdale Building Society Conveyancing panel. This is news to me - can I refuse?
Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offense if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage with Holmesdale Building Society your lawyer also has to check ID documents to satisfy Holmesdale Building Society
I have been searching for conveyancing quotes online. Can I be assured that all the law firms that are identified on your directory are on the Holmesdale Building Society conveyancing panel?
The law firms on our directory have assured us via an online form that they are on the Holmesdale Building Society panel and agreed to advise us to take down their listing in the event of removal off of the Holmesdale Building Society panel. To date we have not been informed by either a lender or a member of the public that the data about a specific firm being on the Holmesdale Building Society conveyancing panel is not accurate.
I am attempting to get my ex-husband removed the mortgage deeds. Can Holmesdale Building Society really tell me which solicitor I can or can not retain?
You can use any solicitor you like but Holmesdale Building Society then has the right to appoint a different solicitor to act for them at your expense. It might be more cost effective and quicker to instruct a lawyer who is on the Holmesdale Building Society solicitors panel
Is it the case that all conveyancing solicitors on the Holmesdale Building Society conveyancing panel work on a no sale no fee basis?
On the whole there are no requirements by lenders for their firms to operate on a no-sale-no-fee basis. There a small number of lenders who operate a very restricted conveyancing panel managed by a third party company (often termed in the industry as a ‘gatekeeper’). That third party may impose certain conditions such as non-sale-no fee on the panel firms. If you require this as a condition of your conveyancing then you should check with the conveyancing firm that this is part of their service
Completion of my remortgage has taken place with a loan from Holmesdale Building Society. Conveyancing was of an acceptable standard but I would like to complain about Holmesdale Building Society. Who do I contact should I wish to lodge a complaint?
Almost all lenders have complaints procedures. Your first port of call should be one of the Holmesdale Building Society branches or the Customer Services Team at Holmesdale Building Society head office. In most cases complaints to Holmesdale Building Society are sorted out effectively and efficiently. However if you are not satisfied that the matter is resolved you can write to the Financial Ombudsman Service who will take matters further.
After much negotiation I have agreed a price on an apartment. My financial adviser pressured me to appoint their lawyers I paid an upfront payment of 150. Soon after the conveyancers contacted me sheepishly admitting that they were not on the Holmesdale Building Society conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Holmesdale Building Society panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.