Are all Lees and Moorside Conveyancing Quality Solicitors on the Leeds Building Society conveyancing panel?
It is true that some banks and building societies now use the accreditation scheme as the starting point for Panel approval such as HSBC and Santander. CQS membership however is no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for solicitors wishing to join their approved list of conveyancing solicitors.
We have a mortgage agreed in principle with Yorkshire BS. Lees and Moorside conveyancing lawyers are instructed. How long does it take for Yorkshire BS to issue the offer to the lawyer?
Some lenders take longer than others. Have Yorkshire BS completed the survey? Have you advised Yorkshire BS as to your lawyers' details and checked that your lawyers are on the Yorkshire BS conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I currently have a mortgage with Yorkshire BS for my property in Lees and Moorside. Conveyancing was finalised 12 months ago. If I am intending to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Yorkshire BS?
Your original mortgage agreement with Yorkshire BS will provide that you need their approval in advance of renting your property as this is likely to be a breach of Yorkshire BS’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Yorkshire BS directly. You need not do this via a Yorkshire BS conveyancing panel firm.
I used Stirling Law several years ago for my conveyancing in Lees and Moorside. Now, I need the files however the law firm is no longer operating. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Lees and Moorside of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Due to the advice of my in-laws I had a survey completed on a house in Lees and Moorside in advance of instructing lawyers. I have been informed that there is a flying freehold overhang to the property. My surveyor advised that some mortgage companies will refuse to issue a loan on a flying freehold home.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Halifax. Should you wish to telephone us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Lees and Moorside. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Lees and Moorside to see if the conveyancing costs will increase in light of this.
I am downsizing from my home. My past conveyancers has retired. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Lees and Moorside if that makes a difference.
Please use our search tool to help you choose a solicitor for your conveyancing in Lees and Moorside. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
Why do I have to provide my lawyer with a list of items of ID before I can commence with selling or buying a property in Lees and Moorside?
Lees and Moorside lawyers are obliged by the Law Society, SRA, HMLR and current AML Regulations to certify that the have verified the identity of their clients. It is also sometimes a requirement of your mortgage offer. In addition they have to complete various forms, particularly those relating to stamp duty land tax and need to have information such as your full names, national insurance number and DOB.