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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.
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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
Common questions asked concerning the Leeds Building Society Solicitor Panel
I was advised recently by my financial adviser that my property lawyer is not on the Leeds Building Society Solicitor panel. What can I do to check?
You need to contact your lawyer directly. You lawyer should advise you of the situation. If they are not on the panel they could put your in touch with solicitors on the the approved Leeds Building Society solicitor panel.
My fiance and I intend to remortgage our maisonette with Leeds Building Society. We have a son approaching twenty who lives with us. The solicitor on the Leeds Building Society conveyancing panel requested us to identify any adults 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 questions (1) Is this document specific to the Leeds Building Society conveyancing panel as he did not need to sign this form when we remortgaged 3 years ago (2) Does our son by signing this giving up his rights to inherit the property?
First, rest assured that your Leeds 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 Leeds Building Society .This is solely used to protect the Leeds 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 Leeds 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.
Whilst your website is a good idea there are many lawyers listed near London on the Leeds Building Society conveyancing panel. Can you recommend a specific firm on the Leeds Building Society approved panel?
We are not in the business of recommending one firm above another as the right firm for you depends on where your priorities lie. For example you may require a local firm with local knowledge or you might be looking for the low cost conveyancing. Before you appoint your lawyer we advise you to speak to two or three of the firms listed to gain comfort as to which one is right for you..
My conveyancers in Leeds have advised me that no longer have my conveyancing file. At the time of my purchase I took out a mortgage with Leeds Building Society. Is it case that being on the Leeds Building Society conveyancing panel they need to have retained the file for a prescribed period?
It very much depends from lender to lender but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the Leeds Building Society Conveyancing Panel Terms. It might be worth you contacting Leeds Building Society directly.
I was thinking of purchasing my friend’s property. Once we agree a price, what’s the best way to proceed? I hope to get a mortgage with Leeds Building Society. Is it possible to avoid using 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.
Can I register a complaint to Leeds Building Society about the lawyers being on the Leeds Building Society conveyancing panel?
There is little point in complaining directly to Leeds Building Society. Every solicitor firm and conveyancer must have a complaints procedure. You can get information from the solicitor’s or conveyancer’s website or ask at their office. They must tell you about it if you ask.
The Legal Ombudsman will make sure that your complaint is addressed by the solicitor. It can also advise you how to complain.
If a licensed conveyancer does not have a complaints procedure or will not tell you about it, contact the Council for Licensed Conveyancers (CLC), which will make sure that your complaint is properly dealt with by the conveyancer. Please see below for more information.
Next month my fiance and I are taking a long lease of a 1st floor apartment in Hendon. Conveyancing solicitors in Hendon are about to beinstructed. My brother-in-lawadvised that we check that the solicitor in Hendon is on the Leeds Building Society solicitors panel. Is this right?
It is not that case that all Hendon conveyancing practices are on the Leeds Building Society conveyancing panel. Click here to find a Hendon conveyancing firm on the on the Leeds Building Society approved list of lawyers.
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Transfer of Equity for Leeds Building SocietyPlease note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors