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approved by Beverley BS
Ready to buy a new home? Failing to check that a lawyer is on the Beverley 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 Beverley Building Society Conveyancing Panel? How can my firm be reinstated onto the Beverley Building Society Conveyancing Panel?
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Examples of recent questions relating to the Beverley Building Society Solicitor Panel
It has come to my attention via my lender that my property lawyer is not on the Beverley Building Society Conveyancing panel. What can I do to be sure that this is correct?
The best course of action for you to take is to contact your lawyer directly. You lawyer should advise you what has happened. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for Beverley Building Society.
We are due to exchange on the purchase a house but as a result of damage from the recent storms I have agreed compensation from the seller of £3k approx by way of a reduction in the price. This was going to be dealt with as part of the conveyancing process but my mortgage company Beverley Building Society will not agree to this. Why was Beverley Building Society even consulted?
Your lawyer being on the Beverley Building Society conveyancing panel is duty bound to inform Beverley Building Society of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to Beverley Building Society then they would have to discontinue acting for you and Beverley Building Society.
I see that you have a search directory identifying law firms on the Beverley Building Society conveyancing panel. Do firms pay you a referral fee if I appoint them for my conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the Beverley Building Society conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint.
My house is up for sale and I have a buyer. Does my solicitor have to be on the Beverley Building Society conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Beverley Building Society conveyancing panel they can still act for you on your sale. it might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently at the moment.
Two weeks ago we had a mortgage agreed in principle with Beverley Building Society. Solicitors have been appointed? How long does it take for Beverley Building Society to send the offer to our conveyancer
Some lenders take longer than others. Have Beverley Building Society done the valuation? Have you advised Beverley Building Society as your lawyers details and checked that your lawyer is on the Beverley Building Society conveyancing panel? sometimes it can take as long as six weeks for a mortgage offer to be issued
My existing mortgage is with Beverley Building Society. My uncle has just retired and wants to pay off my mortgage. After Beverley Building Society is paid, I want to transfer the property to my mother's name; How long will it roughly take? Do we need two separate solicitors on the Beverley Building Society conveyancing panel? I do not intend to live at the property once the Beverley Building Society mortgage is discharged.
You will need a solicitor but they need not be on the Beverley Building Society conveyancing panel. You will need a solicitor to draw up the transfer and to deal with the Land Registry formalities. The only thing you need to consider is that by selling at an undervalue so ask your lawyer about the implications. There could be an inheritance tax issue if you die within 7 years of this. As the property is your main residence you need not pay CGT but you should speak with your accountants in any event.
My ex -wife’s name is on the Beverley 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 Beverley Building Society mortgage in order to sell?
As regards the Beverley 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 Beverley 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.