Find an Approved Solicitor on the Barnsley Building Society (Yorkshire Building Society)
Barnsley Building Society Conveyancing Panel Recently Asked Questions
I appointed a solicitor to conveyancing on my remortgage six weeks ago having applied for a mortgage with Barnsley Building Society. The solicitors reassured me that they are on Barnsley Building Society conveyancing panel and provided me their panel reference. Barnsley Building Society then ,via my broker advised that their panel number was dormant and would need to be reactivated. What do I do from here? Should I appoint a new solicitor currently on the conveyancing panel for Barnsley Building Society?
You may be very frustrated with the lawyer but if it only go take a few more days they it may be worth waiting as, depending on how far progressed you are you may end up delaying the transaction by a number of weeks if you need to replace your solicitor You may wish to enlist the help of your broker to check with the Barnsley Building Society as to how long they think it will take to get the firm to get back on the panel.
My fiance and I changing mortgage lender for our maisonette with Barnsley Building Society. We have a son 19 who lives with us. The solicitor on the Barnsley Building Society conveyancing panel requested us to identify any adults other than ourselves who reside at the property. The solicitor has now sent a form for our son to sign, giving up any rights in the event that the apartment is forfeited by the lender. I have a couple of concerns (1) Is this document specific to the Barnsley Building Society conveyancing panel as he never had to sign this form when we purchased 4 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
First, rest assured that your Barnsley Building Society conveyancing panel solicitor is doing the right thing as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Barnsley Building Society .This is solely used to protect the Barnsley Building Society if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave.
It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Barnsley Building Society had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
I see that you have a post code search directory identifying law firms on the Barnsley Building Society conveyancing panel. Do firms pay you a commission if I retain them for my conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the Barnsley Building Society conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint.
My uncle passed away last year and as sole heir and executor was left the property. The house had a relatively small loan left on it of around £5k. I want to have the title changed into my name whilst I re-mortgage to Barnsley Building Society , pay off the mortgage etc. Is this possible?
If you intend to re-mortgage then Barnsley Building Society will insist on your using a conveyancer on the Barnsley 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 Barnsley 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 Barnsley Building Society mortgage is registered as a charge at the Land Registry.
is it true that all solicitor firms on the Barnsley Building Society conveyancing panel overseen by the SRA?
As a firm of solicitors, in order to be on the Barnsley Building Society conveyancing panel they would need to be regulated by the Solicitors Regulatory Authority. Many lenders do allow licenced conveyancers on their panel in which case such firms would be regulated by the Council of Licensed Conveyancers (CLC).
My wife and I have arranged a further advance on our mortgage from Barnsley Building Society as we wish to carry out alterations or improvements our home. Do we need to appoint a solicitor on the Barnsley Building Society conveyancing panel to deal with the paperwork?
Barnsley Building Society would not normally appoint a member of their conveyancing panel to deal with such a matter. If they did require any legal work then you would need to ensure that such a lawyer was on the Barnsley Building Society list
My offer on house has been accepted, but there is a chain. The vendors have offered on somewhere, but not been accepted yet, and have viewings of other properties booked. My conveyancing solicitor has been instructed. What do I do now? When should I get the mortgage app going with Barnsley Building Society?
It is usual to have concerns where there is a chain as you are unlikely to want to be too out of pocket too early (mortgage application is approx £1k, then survey/valuation, conveyancing search costs, etc). First you should check that your solicitor is on the Barnsley Building Society conveyancing panel. As to the next stages this very much depends on the circumstances of your case, desire for this property and on the state of the market. In a hot mortgage some buyers would pally for the mortgage with Barnsley Building Society and pay for the valuation and only if it comes back ok would they pay their solicitor to press on with searches.