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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.
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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?Find an Approved Solicitor on the Beverley Building Society Conveyancing Panel
Examples of recent questions relating to the Beverley Building Society Solicitor Panel
My financial adviser has informed me that I have to pay Beverley Building Society fees if I use my own solicitor. How efficient are the Beverley Building Society conveyancing panel solicitors? I'm happy to use any solicitor in the country TBH as long as they're good and not exorbitantly priced. Would you recommend a specific law firm on the Beverley Building Society panel?
Beverley Building Society’s conveyancing panel is substantial so it would be advisable to check with the firms you are getting quotes from that they are on the panel. You can search by postcode on the search tool on this site to find solicitors that Beverley Building Society will allow to act for them.
My wife and I changing mortgage lender for our apartment with Beverley Building Society. We have a son 19 who lives with us. The solicitor on the Beverley Building Society conveyancing panel requested us to identify anyone over the age of 17 other than ourselves who reside at the property. Our lawyer has now e-mailed a document for our son to sign, waiving any legal rights in the event that the flat is repossessed. I have two concerns (1) Is this form unique to the Beverley Building Society conveyancing panel as he did not need to sign this form when we bought 5 years ago (2) Does our son by signing this giving up his rights to inherit the property?
First, rest assured that your Beverley 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 Beverley Building Society .This is solely used to protect the Beverley 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 Beverley 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.
Do all the firms listed on your search have online case tracking as I understood that this was a condition of being on the Beverley Building Society solicitor panel?
No. There is no CML Part 2 or Building Society Association requirement relating to online case tracking. Some law firms operate such technology and some don't.
I am in the process of mortgaging my property does my lawyer need to be on the Beverley Building Society Solicitor panel?
There is nothing to stop you using your solicitor but Beverley Building Society will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
When it comes to mortgage companies such as Beverley Building Society do lawyers have to be pay a fee to be on the list of approved solicitors?
We are not aware of any lender fees to be on their panel although some do charge an administration charge to deal with the processing of the conveyancing panel application.
I have decided to exercise my right to buy my property off the council. I have a mortgage offer with Beverley Building Society. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event if you are getting a mortgage with Beverley Building Society you will need to appoint a solicitor on the Beverley Building Society conveyancing panel.
I currently have a mortgage with with Beverley Building Society. Conveyancing has been completed a year ago. In the event that I decide to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Beverley Building Society?
Beverley Building Society must be informed of your intention before renting your property as this is likely to be a breach of Beverley Building Society’s mortgage conditions. It may be that Beverley Building Society 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 Beverley Building Society directly. You need not do this via a Beverley Building Society conveyancing panel firm.