FAQs : The Leeds Building Society Conveyancing Panel from members of the public
My financial adviser has informed me that I have to pay Leeds Building Society fees should I instruct my family lawyer. How efficient are the Leeds Building Society conveyancing panel solicitors? I'm happy to use any solicitor in the country TBH as long as they're good and reasonably priced. Are there any Leeds Building Society conveyancers you'd recommend?
Leeds Building Society’s conveyancing panel is substantial so it would be advisable to check with the firms you are getting quotes from whether they are on it. You can search by postcode on the search tool on this site to find solicitors that Leeds Building Society will allow to act for them.
Please assist. My lawyer is not to blame but, the conveyancing for my house purchase has been going on for months. The Local Authority Search from Leeds Building Society was dated random date and we have agreed a date for me to move into the property on 6. My lawyer informs me that as she is on the Leeds Building Society conveyancing panel she needs to reorder the searches as they are now out of date.
A precondition to being on the Leeds Building Society approved panel is to comply with the CML Handbook Part 2 obligations (last updated for this lender on Leeds Building Society)which states 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 Leeds Building Society.
Is it necessary during the course of the conveyancing process to visit the offices of the Leeds Building Society conveyancing panel solicitor to sign the legal charge? If so, I will instruct a firm who offer conveyancing in Newcastle
so that I can pop in to their offices if required.
As opposed to 12 years ago, most lenders no longer require their conveyancing panel solicitor to witness the borrowers signature. You will still be obliged to provide ID Documents and there are still distinct advantages to using a local solicitor, in your case a conveyancing solicitor in Newcastle
.
I am purchasing a terraced house and getting a mortgage with Leeds Building Society. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the Leeds Building Society conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to made in you doing to conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on the Leeds Building Society conveyancing panel in your location.
I am currently in the process of buying my council flat. I have a mortgage agreed with Leeds Building Society. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event if you are getting a mortgage with Leeds Building Society you will need to appoint a solicitor on the Leeds Building Society conveyancing panel.
Planning on purchasing a flat with a mortgage with Leeds Building Society. I have received an online quote from a licensed conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Leeds Building Society conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that they are on the Leeds Building Society conveyancing panel
My ex -wife’s name is on the Leeds 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 Leeds Building Society mortgage in order to sell?
In terms of the Leeds 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 Leeds 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.
