Find a Law Firm
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?Find an Approved Solicitor on the Holmesdale Building Society Conveyancing Panel
Q and A’s regarding the Holmesdale Building Society Solicitor Panel
I need to swap lawyers as my lawyer is not on the Holmesdale Building Society panel of conveyancing solicitors. Is it advisable to appoint a new law firm?
If you haven't yet instructed a solicitor to do anything for you and have just received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer you're considering.
We are getting closer to an exchange and my parents having transferred the 10% deposit to my lawyer. I am now advised that as the deposit has not come from me my lawyer needs to disclose this to my lender Holmesdale Building Society. Apparently, being on the Holmesdale Building Society conveyancing panel and acting on their behalf he must inform Holmesdale Building Society if the balance of the mortgage advance is not just from me. I informed the bank about my parent’s contribution when I applied for the home loan so is it really necessary for him to raise this?
Your lawyer is obliged to check with Holmesdale Building Society to make sure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only report this to Holmesdale Building Society if you agree, failing which, your lawyer must cease to continue acting.
How up to date is your search tool for the Holmesdale Building Society conveyancing panel? Do Holmesdale Building Society send you an updated list?
The law firm practices themselves provide us confirmation that they are on the Holmesdale Building Society conveyancing panel as opposed to being supplied with a list from Holmesdale Building Society directly.
I am considering mortgaging my property does my lawyer need to be on the Holmesdale Building Society Conveyancing panel?
In theory, you could use a solicitor that is not on Holmesdale Building Society conveyancing panel, but Holmesdale Building Society would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
Is it the case that all 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 service
I previously instructed online conveyancers located in London who are on the Holmesdale Building Society solicitor panel. They have just invoiced me a separate fee of £175 for the legal aspects of the Holmesdale Building Society mortgage. Is this a supplemental conveyancing fee specified by Holmesdale Building Society?
Unfortunately, as long as it is in their Terms and Conditions or Quote then yes your solicitors can charge a fee for this. This fee is not set by Holmesdale Building Society but by your lawyers. Some firms on the Holmesdale Building Society will charge an ‘acting for lender’ fee but plenty of firms include it on their overall fee.
My ex -wife’s name is on the Holmesdale Building Society mortgage of my property but not on the land registry. The apartment was transferred to me on our divorce many years ago by way of a sealed court order. Does my ex still have a say on the sale even though the land registry showing the property in my name alone? Will I be required to take her name of the Holmesdale Building Society mortgage in order to sell?
As regards the Holmesdale Building Society mortgage, it is unusual that your ex-wife’s name remains on the mortgage but not on the title. It is conceivable that this is an oversight on the part of your conveyancers to ensure that her name was removed or even an administrative error on the part of Holmesdale Building Society in failing to update their data. In any event, it should cause difficulty providing her name no longer appears on the Land Registry title and you have a court order ordering that the property is transferred to you.