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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.
Looking for information about your firm's panel status?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
Common questions asked concerning the Yorkshire Building Society Conveyancing Panel
My mortgage broker has says he needs my solicitor’s panel member for the Yorkshire Building Society conveyancing panel. Can you suggest how I discover this. I have tried my local Yorkshire Building Society branch but they have not got back to me yet.
You are best placed to get this information from your conveyancing lawyer. They should have a central record lender panel numbers including the Yorkshire Building Society panel reference.
Please assist. For no fault of my lawyer but, the conveyancing for my house purchase has been going on for months. The Local Authority Search from Yorkshire Building Society was issued random date and we have agreed a date for me to move into the property on 6 months + 3. My solicitor has advised that as she is on the Yorkshire Building Society conveyancing panel she needs to redo the searches as they are no longer valid.
One of the many conditions to being on the Yorkshire Building Society approved panel is to comply with the CML Handbook Part 2 obligations (last updated for this lender on Yorkshire Building Society)which specifies that a local authority search be not more than half a year old. You should nevertheless ask your lawyer to check whether something called ‘search validation’ indemnity insurance is acceptable to Yorkshire Building Society.
Are there any apps to help search for a local solicitor on the Yorkshire Building Society conveyancing panel? I have a car and am prepared to travel up to 20 kilometers to meet the solicitor.
You can use the find a conveyancing panel tool on this page. Please choose the lender and your location and you will see a number of lawyer located nearest you. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the Yorkshire Building Society solicitor panel.
I would like to get my ex-husband removed the mortgage deeds. Can Yorkshire Building Society really insist on which solicitor I can or can not retain?
You can use any solicitor you like but Yorkshire Building Society then has the right to appoint a different solicitor to act for them at your expense. It might be more cost effective and quicker to instruct a lawyer who is on the Yorkshire Building Society solicitors panel
Do 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 am selling my flat. I had a double glazing fitted in month 2010 but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Yorkshire Building Society are being problematic. The solicitor who is on the Yorkshire Building Society conveyancing panel is saying indemnity insurance will be fine but Yorkshire Building Society are insisting on a building regulation certificate. Why do Yorkshire Building Society have a conveyancing panel of they don’t accept advice from them?
It is probably the case that Yorkshire Building Society have referred the matter to their valuer. The reason why Yorkshire Building Society may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing correctly and safely installed. It merely protects against enforcement action which is very unlikely anyway.
My offer on house has been accepted, the seller does however have a dependent purchase. The vendors have offered on somewhere, but not been accepted yet, and have viewings of other properties in the pipeline. My conveyancing solicitor has been instructed. What should be my next step? When should I get the mortgage app going with Yorkshire Building Society?
It is usual to have concerns where there is a chain as you are unlikely to want to be too out of pocket too early (mortgage application is approx £1k, then survey/valuation, conveyancing search costs, etc). First you should check that your solicitor is on the Yorkshire Building Society conveyancing panel. As to the next stages this very much depends on the circumstances of your case, desire for this property and on the state of the market. In a hot mortgage some buyers would pally for the mortgage with Yorkshire Building Society and pay for the valuation and only if it comes back ok would they pay their solicitor to press on with searches.