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approved by Yorkshire BS
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.
Looking for information about your firm's panel status?Is my firm on the Yorkshire Building Society Conveyancing Panel? 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
Examples of recent questions relating to the Yorkshire Building Society Conveyancing Panel
I instructed a solicitor to carry out on my remortgage 5 weeks ago having applied for a mortgage with Yorkshire Building Society. The firm reassured me that they are on Yorkshire Building Society conveyancing panel and provided me their panel reference. Yorkshire Building Society then ,via my broker advised that their panel number was dormant and would need to be reactivated. What do I do from here? Do I instruct a different law firm listed on the approved panel for Yorkshire Building Society?
The answer depends on whether you still have confidence in the said solicitors and how long it will take for the firm to be reinstated on the Yorkshire Building Society conveyancing panel You may wish to enlist the help of your broker to check with the Yorkshire Building Society as to how long they think it will take to get the firm to get back on the panel.
We are due to exchange on the purchase a house but as a result of damage from the recent storms I have agreed compensation from the seller of £3k approx by way of a reduction in the price. This was going to be dealt with as part of the conveyancing process but my mortgage company Yorkshire Building Society will not agree to this. Why was Yorkshire Building Society even consulted?
Your lawyer being on the Yorkshire Building Society conveyancing panel is duty bound to inform Yorkshire Building Society of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to Yorkshire Building Society then they would have to discontinue acting for you and Yorkshire Building Society.
Having used your search tool I can't find the lawyer I was hoping to instruct as being on the Yorkshire Building Society conveyancing panel. My lawyer has said that they are on the Yorkshire 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 Yorkshire 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 Yorkshire Building Society solicitor panel.
I am considering applying for a Yorkshire Building Society mortgage for purchase of a newly converted (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 much more potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
Can you point me to a directory of Yorkshire Building Society panel solicitors on the CML Handbook Website?
No. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. Very few lenders make their panel listings available online.
Is it the case that all conveyancing solicitors on the Yorkshire Building Society conveyancing panel work on a no move no charge basis?
There is generally no requirements by lenders for their firms to operate on a no-sale-no-fee basis. There a small number of lenders who operate a very restricted conveyancing panel managed by a third party company (often termed in the industry as a ‘gatekeeper’). That third party may impose certain conditions such as non-sale-no fee on the panel firms. If you require this as a condition of your conveyancing then you should check with the conveyancing firm that this is part of their package
I was told two weeks ago that my mortgage has been agreed to by Yorkshire Building Society. Is it usual for Yorkshire Building Society to only issue the offer once my solicitor is approved on their conveyancing panel?
A lender would not issue an offer 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.