FAQs for the Skipton Building Society Solicitor Panel
from members of the public
I am expecting a mortgage with Skipton Building Society. I would like to instruct a Licensed Conveyancer. Does the Skipton Building Society Conveyancing panel include conveyancers regulated by the CLC
Skipton Building Society’s approved solicitor list is, like many other lenders associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
I am due to move into my new home next Thursday. My conveyancing lawyer has asked me to provide him with a copy of the building insurance for the house as as he informs me that he is duty bound to validate that it is in order for Skipton Building Society. What does the insurance need to cover?
All property lawyers on the Skipton Building Society conveyancing panel would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in Skipton Building Society’s Part 2 requirements of the CML Handbook (last updated on Skipton Building Society). Being on the Skipton Building Society conveyancing panel your lawyer is expect to follow these instructions.
Having used your search tool I can't find the lawyer I was hoping to instruct as being on the Skipton Building Society conveyancing panel. My lawyer has said that they are on the Skipton 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 Skipton 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 Skipton Building Society solicitor panel.
I would like to get my ex-wife removed the mortgage deeds. Can Skipton Building Society really insist on which solicitor I can or can not use?
You can use any solicitor you like but Skipton 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 Skipton Building Society solicitors panel
Is it the case that all conveyancing lawyers on the Skipton Building Society conveyancing panel work on a no move no charge basis?
In the main there are 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 service
Completion of my purchase has taken place with a loan from Skipton Building Society. Conveyancing was satisfactory but I feel I should register my dissatisfaction about Skipton Building Society. Who do I contact should I wish to lodge a complaint?
Most lenders have complaints procedures. Your first port of call should be one of the Skipton Building Society branches or the Customer Care Team at Skipton Building Society head office. In most cases complaints to Skipton Building Society are sorted out effectively and efficiently. If you feel that the matter is not resolved you can write to the
Financial Ombudsman Service at South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
Skipton Building Society have agreed my mortgage in principle, my offer on house has been accepted, now what?
The estate agent will want to know who your solicitors are (make sure these solicitors are on the lenders panel). Call up Skipton Building Society or your broker and complete any relevant paperwork. Skipton Building Society will tell you what documents they want. Skipton Building Society will instruct a valuer. The valuer will get in touch with the estate agent or seller to book an appointment. Once conducted (assuming no problems) it takes about week to get a mortgage offer. Skipton Building Society will issue the offer to you and your lawyer. The transaction will then take it’s course according the nature and complexity of the conveyancing.