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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.
Find an Approved Solicitor on the Holmesdale Building Society Conveyancing Panel
Common questions asked concerning the Holmesdale Building Society Solicitor Panel
My Solicitor has never been on on the Holmesdale Building Society Conveyancing Panel. Is it possible for me to use my family solicitor even though they are excluded from the Holmesdale Building Society panel of approved conveyancing solicitors?
The most common options here are as follows:
- Carry on with your preferred lawyers but Holmesdale Building Society will need to instruct a lawyer on the Holmesdale Building Society conveyancing panel. This will result in additional cost and potential delay.
- Get a new solicitor to act in the purchase, obviously checking they are on the Holmesdale Building Society conveyancing panel.
- Convince your lawyer to do everything within their powers to join the Holmesdale Building Society conveyancing panel
My conveyancing solicitor has requested from me ID documents stating that this forms part of his obligations as a solicitor on the Holmesdale Building Society Solicitor panel. Am I being spun a yarn?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing business. The Client Care letter that you need to sign will no doubt confirm this. Your lawyer is right that Holmesdale Building Society also require certain documents to be viewed. If a you refuse to provide ID verification documents, your conveyancer would not be able to accept instructions from you. Your lawyer also has obligations to obtain certain documents in accordance with Holmesdale Building Society CML Handbook requirements last updated on Holmesdale Building Society
Having used your search tool I can't find the lawyer I was hoping to instruct as being on the Holmesdale Building Society conveyancing panel. My lawyer has said that they are on the Holmesdale Building Society approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the Holmesdale Building Society conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the Holmesdale Building Society solicitor panel.
I am attempting to get my ex-husband taken off 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
Do conveyancing solicitors on the Holmesdale Building Society conveyancing panel work on a no move no charge basis?
There is generally 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 package
After much negotiation I have agreed a price on an apartment. My mortgage broker pressured me to appoint their lawyers I paid an upfront payment of 175. 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.
Holmesdale Building Society have agreed my mortgage in principle, my offer on house has been accepted, now what?
The estate agent will want to know who your solicitors are (make sure these solicitors are on the lenders panel). Call up Holmesdale Building Society or your broker and complete any relevant paperwork. Holmesdale Building Society will tell you what documents they want. Holmesdale Building Society will instruct a valuer. The valuer will get in touch with the estate agent or seller to book an appointment. Once conducted (assuming no problems) it takes about week to get a mortgage offer. Holmesdale Building Society will issue the offer to you and your lawyer. The transaction will then take it’s course according the nature and complexity of the conveyancing.