Examples of recent questions relating to the Yorkshire Bank Conveyancing Panel from members of the public
My financial adviser has informed me that I have to pay Yorkshire Bank fees if I use my own solicitor. How good are the Yorkshire Bank conveyancing panel solicitors? I dont care which law firm I use provided that they are good and not exorbitantly priced. Are there any Yorkshire Bank conveyancers you'd recommend?
Yorkshire Bank’s conveyancing panel is pretty large so your best bet is just to check with the firms you are getting quotes from that they are on the panel. You can search by postcode on the search tool on this site to find solicitors that Yorkshire Bank will allow to act for them.
My wife and I intend to remortgage our flat with Yorkshire Bank. We have a son 19 who lives with us. The solicitor on the Yorkshire Bank conveyancing panel has asked us to disclose any adults other than ourselves who reside at the property. Our lawyer has now e-mailed a document for our son to sign, waiving any legal rights in the event that the flat is repossessed. I have a couple of questions (1) Is this form unique to the Yorkshire Bank conveyancing panel as he never had to sign this form when we purchased 4 years ago (2) Does our son by signing this giving up his rights to inherit the property?
First, rest assured that your Yorkshire Bank conveyancing panel solicitor is doing the right thing as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Yorkshire Bank .This is solely used to protect the Yorkshire Bank if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave.
It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Yorkshire Bank had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
I require the services of a Yorkshire Bank panel solicitor in Inverness. Could you help me?
It is not clear why you need a Yorkshire Bank panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to Yorkshire Bank to find out which solicitors in Yorkshire Bank are on their panel. If you do find such a firm not listed please direct them to our site to list. After all the cost is only one £1 a month
My lawyers in Newcastle have advised me that they can not locate my conveyancing file. At the time of my purchase I took out a mortgage with Yorkshire Bank. Is it case that being on the Yorkshire Bank conveyancing panel they need to have retained the file for a number of years?
Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the Yorkshire Bank Conveyancing Panel Terms. It might be worth you contacting Yorkshire Bank directly.
I am buying a property where the roof has a solar panel. Yorkshire Bank have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that your lender is Yorkshire Bank your lawyer must to check the Yorkshire Bank conveyancing instructions contained in the Part of CML Handbook for Yorkshire Bank . The CML Handbook contains minimum requirements for solar panel roof-space leases, and solicitors are required to report to Yorkshire Bank where a lease does not meet these requirements. The requirements relate to the installation of panels on properties in England and Wales. Requirements for Scotland are due in the near future.
Intending to buy a house with a mortgage with Yorkshire Bank. I have received an online quote from a licensed conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Yorkshire Bank 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 Yorkshire Bank conveyancing panel
Sometime soon me and my wife are purchasing a penthouse in Hendon. Conveyancing solicitors in Hendon are preferred to beretained. My mothersuggested that we check that the property lawyer in Hendon is on the Yorkshire Bank panel. Is this really necessary?
Not all Hendon conveyancing firms are on the Yorkshire Bank conveyancing panel. 8 people a month use our search tool to locate a Hendon conveyancing lawyer on the on the Yorkshire Bank panel.
