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approved by Leeds Building Society
Ready to buy a new home? Failing to check that a lawyer is on the Leeds Building Society 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 Leeds Building Society Conveyancing Panel? How can my firm be reinstated onto the Leeds Building Society Conveyancing Panel?
Find an Approved Solicitor on the Leeds Building Society Conveyancing Panel
Examples of recent questions relating to the Leeds Building Society Solicitor Panel
A conveyancer my husband and I wanted to use for conveyancing on a remortgage said he would charge more if my mortgage is with Leeds Building Society because of their unusual legal requirements. Will I regret using Leeds Building Society? Any comments will be appreciated
Leeds Building Society conveyancing requirements for their panel are no better or no more complicated than most lenders. It is the case now the CML Handbook, the "bible" used by solicitors to establish lender requirements, is different for each lender. It is not clear if your lawyer is on the Leeds Building Society conveyancing panel. If they are not, this does add further risk of delay as Leeds Building Society will appoint their own solicitors to look after their interest.
Expecting to complete my purchase next Thursday. My conveyancing lawyer has asked me to provide him with a copy of the building insurance for the house as as he informs me that he is duty bound to validate that it is in order for Leeds Building Society. What does the insurance need to cover?
All property lawyers on the Leeds Building Society conveyancing panel would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in Leeds Building Society’s Part 2 requirements of the CML Handbook (last updated on Leeds Building Society). Being on the Leeds Building Society conveyancing panel your lawyer is expect to follow these requirements.
Are the lawyers identified as being on the Leeds Building Society conveyancing panel, together with their details provided by Leeds Building Society?
The law firm practices themselves provide us confirmation that they are on the Leeds Building Society conveyancing panel as opposed to being supplied with a list from Leeds Building Society directly.
We're in London, First timers buying with a mortgage (lender is Leeds Building Society , but our lawyer is on the Leeds Building Society conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Leeds Building Society conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a time-frame for your conveyancing due to third parties outside of our control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain
Hi, thinking about buying a house off my mate. Once we agree a price, what’s the best way to proceed? I plan to obtain a mortgage with Leeds Building Society. Is there anyway to cut out the solicitors to save on the costs? My father said that years ago it was possible to take the documents into the local Land Registry office and they did the rest
If you are getting a mortgage with Leeds Building Society involved you will need to appoint a solicitor on the Leeds Building Society conveyancing panel. We would not encourage you to both use the same solicitors' firm. There are clear conflict of interest issues and it's not going to make a huge difference to the speed of the overall process. So as not to hold things us you should pass on your solicitors details to Leeds Building Society. Feel free to use our search tool to look for a licensed conveyancer or solicitor on the Leeds Building Society conveyancing panel.
I have had an offer accepted on a house I spoke to a conveyancer recommended by my dad and he recommended using a law firm approved by Leeds Building Society. The estate agent recommended two local firms so I asked Leeds Building Society if the 2 suggested solicitors are approved, which they are not. Leeds Building Society suggested that either firm can fill out the appropriate forms to become approved. Do I (1) save myself the aggravation and use one of Leeds Building Society 's conveyancing panel solicitors (2) Use the local solicitor and accept there may be delays etc as they go through the approval process.
Enquire of Leeds Building Society to suggest a law firm in your location. Most banks have lawyers on their panel throughout the UK. You can also use our search tool at the top of this page to search for a lawyer on the Leeds Building Society conveyancing panel based on location. If you particularly like the sound of one of the local lawyers that you have spoken to ask them if they would go onto Leeds Building Society conveyancing panel as it may only take about 2-3 weeks. As long as they meet Leeds Building Society’s requirements it can be a very simple job for the solicitor. Other stuff will be going on in parallel (as you are at an early stage) so it may not delay matters.
My husband and I are at the point of viewing flats and am about to put in an offer. Should I already have a conveyancer appointed at this stage? I intend to finance via a mortgage with Leeds Building Society
It would be sensible to have your start your search soon rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their details on the the EA. As you are getting a mortgage with Leeds Building Society , ask your prospective lawyers check they are on the Leeds Building Society conveyancing panel otherwise they can't do the mortgage legal work.
Other TopicsTransfer of Equity for Leeds Building Society
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