FAQs : The Leeds Building Society Conveyancing Panel from members of the public
My property lawyer is not on the Leeds Building Society Approved Panel. Can I still retain my family solicitor even though they are excluded from the Leeds Building Society approved list?
You have a number of options available to you here:
- Carry on with your preferred solicitors but Leeds Building Society will need to instruct a lawyer on the Leeds Building Society conveyancing panel. This will result in additional cost and potential delay.
- Get a new solicitor to act in the purchase, obviously checking they are on the Leeds Building Society conveyancing panel.
- Convince your lawyer to do everything within their powers to join the Leeds Building Society conveyancing 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 Leeds Building Society will not agree to this. Why was Leeds Building Society even consulted?
Your lawyer being on the Leeds Building Society conveyancing panel is duty bound to inform Leeds Building Society of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to Leeds Building Society then they would have to discontinue acting for you and Leeds Building Society.
Whilst your website is a good idea there are many lawyers listed near Manchester on the Leeds Building Society conveyancing panel. Can you recommend a specific firm on the Leeds Building Society approved panel?
We do not recommend specific firms as the right firm for you depends on where your priorities lie. For example you may require a local firm with local knowledge or you might be looking for the low cost conveyancing. Before you appoint your lawyer we advise you to speak to two or three of the firms listed to gain comfort as to which one is right for you..
We're in Birmingham, FTBs buying with a mortgage (lender is Leeds Building Society , but our solicitor is on the Leeds Building Society conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Leeds Building Society conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a time-frame for your conveyancing due to third parties outside of our control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain
Completion of my purchase has taken place with a mortgage from Leeds Building Society. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about Leeds Building Society. How do I make a complaint?
All banks and building societies have complaints procedures. Your first point of contact should be one of the Leeds Building Society branches or the Customer Services Department at Leeds Building Society head office. In most cases complaints to Leeds Building Society are resolved very quickly. However if you are not satisfied that the matter is resolved you can write to the
Financial Ombudsman Service at South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
At last I have had an offer on an apartment accepted, but there is a chain. 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? At what point should I appy for the mortgage with Leeds 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 Leeds 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 Leeds Building Society and pay for the valuation and only if it comes back ok would they pay their solicitor to press on with searches.
Me and my partner are remortgaging a house in Hendon. Conveyancing solicitors in Hendon are preferred to beinstructed. My brokeradvised that we enquire that the property lawyer in Hendon is on the Leeds Building Society solicitors panel. Is this right?
A limited percentage of Hendon conveyancing solicitors are on the Leeds Building Society conveyancing panel. 7 people a month use our search tool to locate a Hendon conveyancing practitioner on the on the Leeds Building Society approved list of lawyers.