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Ready to buy a new home? Failing to check that a lawyer is on the Yorkshire 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 Yorkshire Building Society Conveyancing Panel? How can my firm be reinstated onto the Yorkshire Building Society Conveyancing Panel?Find an Approved Solicitor on the Yorkshire Building Society Conveyancing Panel
Yorkshire Building Society Conveyancing Panel Recently Asked Questions
How easy is it to change a solicitor as I need to find one who is on the Yorkshire Building Society conveyancing panel. Is it advisable to appoint a new law firm?
If you haven't yet instructed a solicitor to do anything for you and have just received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer you're considering.
Our grandson is purchasing a newly built flat with a home loan from Yorkshire Building Society. His solicitor has said that there is a delay in completing the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The document is intended to provide information to the main parties engaged in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Yorkshire Building Society conveyancing panel as a standard part of the process, and to the surveyor when requested.
The Developer will be required to start the process by downloading the form and completing it.
The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Yorkshire Building Society conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I have been Googling for conveyancing quotes online. Can I be confident that all the law firms that are listed on your directory are on the Yorkshire Building Society conveyancing panel?
The law firms on our directory have advised us that they are on the Yorkshire Building Society panel and agreed to advise us to take down their listing in the event of removal off of the Yorkshire Building Society panel. To date we have not been informed by either a lender or a member of the public that the data about a specific firm being on the Yorkshire Building Society conveyancing panel is incorrect.
I am considering applying for a Yorkshire Building Society mortgage for purchase of a new build (under development) with 60% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Yorkshire Building Society?
There is nothing to stop you using your solicitor but Yorkshire 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.
I can not work out if my mortgage offer requires a lease extension . I have called Yorkshire Building Society on numerous occasions and told it wasn't a problem and they would lend. My solicitor - who is on the Yorkshire Building Society conveyancing panel- telephoned and was told not they would not lend in accordance with their CML Handbook minimum lease term requirements. I simply dont know who is right
As long as the conveyancer is on the Yorkshire Building Society panel she or he must comply with the CML Handbook requirements for Yorkshire Building Society. Unless your lawyer obtains specific confirmation in writing that Yorkshire Building Society will go ahead your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask Yorkshire Building Society to contact your lawyer in writing confirming that they will accept the remaining number of years left on the lease.
My offer was accepted on a property on the 17th February 2014, valuation was booked 3 days after, all came back fine. Conveyancer appointed, so the only thing outstanding was my mortgage offer. Having made daily calls to Yorkshire Building Society and chasing them on my offer I have now been told that my offer will not be issued unless the lawyer is on the Yorkshire Building Society conveyancing panel. Can the lender hold off the offer?
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Yorkshire Building Society to deal with your lawyers application to be on the Yorkshire Building Society conveyancing panel. There's no guarantee that your solicitors will be accepted.
My ex -wife’s name is on the Yorkshire 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 Yorkshire Building Society mortgage in order to sell?
As regards the Yorkshire 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 Yorkshire 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.