Yorkshire Bank Solicitor Panel Sample Enquires to our Call Center from members of the public
I have just been informed by my IFA that my lawyer is not on the Yorkshire Bank Conveyancing panel. What can I do to be sure that this is correct?
You need to contact your conveyancer. You lawyer should advise you what has happened. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for Yorkshire Bank.
Expecting to complete my purchase next Thursday. I have now been asked to send a copy of my building insurance schedule by my solicitor as he says that he has to check this in has capacity as lawyer for Yorkshire Bank. What risks do Yorkshire Bank expect the insurance to cover?
Any lawyer on the Yorkshire Bank 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 Yorkshire Bank’s Part 2 requirements of the CML Handbook (last updated on Yorkshire Bank). Being on the Yorkshire Bank conveyancing panel your lawyer is expect to follow these instructions.
I am planning to acquire a flat and require a conveyancing solicitor in London who is on the Yorkshire Bank conveyancing. Can you recommend a local conveyancing firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Yorkshire Bank . We don’t recommend any particular firm.
I am trying to get my ex-husband removed the mortgage deeds. Can Yorkshire Bank really insist on which solicitor I can or can not retain?
You can use any solicitor you like but Yorkshire Bank 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 Bank solicitors panel
For 5 years I had a mortgage with Yorkshire Bank. My grandfather retired last week and wants to pay off my mortgage. After Yorkshire Bank is paid, I want to transfer the property to my mother's name; How long does the process take? Do we need two separate solicitors on the Yorkshire Bank conveyancing panel? I do not intend to live at the property once the Yorkshire Bank mortgage is discharged.
Although you do need to retain the services of a lawyer they dont
need to be on the Yorkshire Bank panel.
You will need a solicitor to draw up the transfer and
to deal with the Land Registry formalities. The only thing you need to
consider is that by selling at an undervalue so ask your lawyer about
the implications. There could be an inheritance tax issue if you die
within 7 years of this. As the property is your main residence you need
not pay CGT but you should speak with your accountants in any event.
I have decided to exercise my right to buy my property off the council. I have a mortgage agreed with Yorkshire Bank. 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 have 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 Yorkshire Bank you will need to appoint a solicitor on the Yorkshire Bank conveyancing panel.
My ex -wife’s name is on the Yorkshire Bank 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 Yorkshire Bank mortgage in order to sell?
As regards the Yorkshire Bank 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 Yorkshire Bank 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.