FAQs for the Holmesdale Building Society Solicitor Panel
from members of the public
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.
Our solicitor has identified a legal deficiency with the lease for the apartment we are buying. The seller’s lawyers have offered defective title insurance as a solution. We are content with insurance and will pay for it. Our solicitor says that as he is on the Holmesdale Building Society conveyancing panel he must be satisfied that the lender is happy with this solution. Are we the client or is Holmesdale Building Society?
Just because you have a mortgage offer from Holmesdale Building Society does not mean to say that the property will be meet their requirements for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the CML Handbook Requirements. You and Holmesdale Building Society are the client. These conveyancing instructions must be adhered to by the Holmesdale Building Society conveyancing panel who has to balance acting for you and Holmesdale Building Society
Do all the firms listed on your directory have online case tracking as I was under the impression that this was a precondition of being on the Holmesdale Building Society conveyancing panel?
The Council of Mortgage Lenders or BSA do not require online case tracking. Some law firms operate such technology and some don't.
My grandfather passed away 10 months ago and as sole heir and executor was left the property. The house had a relatively small loan remaining of approximately £5k. I want to transfer the title deeds into my name whilst I re-mortgage to Holmesdale Building Society , pay off the mortgage etc. Is this possible?
If you intend to re-mortgage then Holmesdale Building Society will insist on your using a conveyancer on the Holmesdale Building Society conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Holmesdale Building Society conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Holmesdale Building Society mortgage is registered as a charge at the Land Registry.
Do conveyancing lawyers on the Holmesdale Building Society conveyancing panel work on a no sale no fee basis?
In the main 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 package
The for formalities of my remortgage has taken place with a mortgage from Holmesdale Building Society. Conveyancing was a necessary evil but I would like to complain about Holmesdale Building Society. How does one go about formally complaining?
All banks and building societies have complaints procedures. Your first port of call should be one of the Holmesdale Building Society branches or the Customer Care Team at Holmesdale Building Society head office. In most cases complaints to Holmesdale Building Society are sorted out very quickly. However if you are not satisfied that the matter is resolved you can write to the
Financial Ombudsman Service at South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
My brother and I are acquiring a garden flat in Hendon. Conveyancing solicitors in Hendon need to begiven the go-ahead. My motheradvised that we make sure that the conveyancing practitioner in Hendon is on the Holmesdale Building Society list of approved conveyancing firms. Is this really necessary?
Not all Hendon conveyancing solicitors are on the Holmesdale Building Society conveyancing panel. 8 people a month use our search tool to search for a
Hendon conveyancing lawyer on the on the Holmesdale Building Society approved list of lawyers.