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Ready to buy a new home? Failing to check that a lawyer is on the Skipton BS list of approved solicitors can put your transaction at risk of delay or failure.

Find an Approved Solicitor on the Skipton Building Society Conveyancing Panel

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I instructed a solicitor to carry out on my house purchase 5 weeks ago having applied for a mortgage with Skipton Building Society. The law firm reassured me that they are on Skipton Building Society conveyancing panel and gave me their panel reference. Skipton Building Society then called me to say that their panel number was dormant and would need to be reactivated. What happens next? Should I appoint a new solicitor listed on the conveyancing panel for Skipton 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 Skipton Building Society as to the time frame to get your lawyer reinstated on the panel once again.
Our solicitor has discovered a problem with the lease for the apartment we are purchasing. The other side have offered title insurance as a solution. We are happy with insurance and will pay for it. Our lawyer says that as he is on the Skipton Building Society conveyancing panel he must be satisfied that the lender is happy with this solution. Who is the client here, us or Skipton Building Society?
Just because you have a mortgage offer from Skipton Building Society does not mean to say that the property will be meet their requirements for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the CML Handbook Requirements. You and Skipton Building Society are the client. These conveyancing instructions must be adhered to by the Skipton Building Society conveyancing panel who has to balance acting for you and Skipton Building Society
Having used your search tool I can't find the lawyer I was hoping to instruct as being on the Skipton Building Society conveyancing panel. My lawyer has said that they are on the Skipton Building Society approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the Skipton Building Society conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the Skipton Building Society solicitor panel.
The solicitors that just started acting on my purchase in Manchester has suddenly shut down. I only went with them because I had to have a firm on the Skipton Building Society conveyancing panel and my preferred lawyer was not. I paid them £200 on account. What are my options?
If you have an estate agent involved then inform them immediately so that they advise the vendors that there may be a slight delay due to the problems encountered. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Skipton Building Society conveyancing panel and notify the lender. If you have paid over any money it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers may be able to help
I previously instructed online solicitors based in Bristol who are on the Skipton Building Society solicitor panel. They have just invoiced me a separate fee of £175 for dealing with the Skipton Building Society mortgage. Is this a supplemental conveyancing fee specified by Skipton Building Society?
Unfortunately, as long as it is in their Terms and Conditions or Quote then yes your solicitors can charge a fee for this. This fee is not set by Skipton Building Society but by your lawyers. Some firms on the Skipton Building Society will charge an ‘acting for lender’ fee but plenty of firms include it on their overall fee.
I am buying a property where the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Skipton Building Society be concerned
Given that you are obtaining a mortgage with Skipton Building Society your lawyer must to check the Skipton Building Society conveyancing instructions contained in the Part of CML Handbook for Skipton Building Society . The CML Handbook contains minimum requirements for solar panel roof-space leases, and solicitors are required to report to Skipton Building Society where a lease does not meet these requirements. The requirements relate to the installation of panels on properties in England and Wales. The CML are developing guidance for Northern Ireland and Scotland.
Skipton Building Society have agreed my mortgage in principle, my offer on house has been accepted, now what?
The estate agent will want to know who your solicitors are (make sure these solicitors are on the lenders panel). Call up Skipton Building Society or your broker and complete any relevant paperwork. Skipton Building Society will tell you what documents they want. Skipton Building Society will instruct a valuer. The valuer will get in touch with the estate agent or seller to book an appointment. Once conducted (assuming no problems) it takes about week to get a mortgage offer. Skipton Building Society will issue the offer to you and your lawyer. The transaction will then take it’s course according the nature and complexity of the conveyancing.