Examples of recent questions relating to the Yorkshire Building Society Solicitor Panel from members of the public
I am obtaining a mortgage offer from Yorkshire Building Society. I hope to retain the legal services of a Licensed Conveyancer. Does the Yorkshire Building Society Solicitor panel exclude conveyancers regulated by the CLC
Yorkshire Building Society’s approved solicitor list is, like many other lenders represented by the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
Our lawyer has discovered a problem with the lease for the apartment we are purchasing. The seller’s lawyers have put forward title insurance as a solution. We are happy with insurance and will pay for it. Our lawyer says that as he is on the Yorkshire Building Society conveyancing panel he must ensure that the lender is happy with this solution. Who is the client here, us or Yorkshire Building Society?
The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and Yorkshire Building Society are the client. A precondition to being on the Yorkshire Building Society approved panel is to comply with the CML Handbook requirements (last updated for this lender on Yorkshire Building Society). The CML Handbook conditions require your lawyer to disclose issues such as defects will the lease so that Yorkshire Building Society can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected . Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
What tools are available to search for a local solicitor on the Yorkshire Building Society conveyancing panel? I have a car and am prepared to travel up to 10 miles to meet the solicitor.
Feel free to make use of the find a conveyancing panel tool on this page. Please choose the lender and your location and you will see a number of lawyer located nearest you. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the Yorkshire Building Society solicitor panel.
I am considering applying for a Yorkshire Building Society mortgage for purchase of a newly converted (under development) with 70% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Yorkshire Building Society?
There is nothing to stop you using your solicitor but Yorkshire Building Society will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
Two weeks ago we had a mortgage agreed in principle with Yorkshire Building Society. Solicitors have been chosen? How long does it take for Yorkshire Building Society to send the offer to our conveyancer
There is no definitive answer here. Have Yorkshire Building Society done the valuation? Have you advised Yorkshire Building Society as your lawyers details and checked that your lawyer is on the Yorkshire Building Society conveyancing panel? sometimes it can take as long as six weeks for a mortgage offer to be issued
I have not been happy with the level or service received from my lawyer. Is there a Yorkshire Building Society conveyancing panel complaints department or do I complain directly to the law firm?
Complaining to Yorkshire Building Society about their conveyancing panel is unlikely to yield much of a response. Every solicitor firm and conveyancer must have a complaints procedure. Usually one can find this information from the solicitor’s or conveyancer’s website or ask at their office. They must tell you about it if you ask.
The Legal Ombudsman will make sure that your complaint is addressed by the solicitor. It can also advise you how to complain.
If a licensed conveyancer does not have a complaints procedure or will not tell you about it, contact the Council for Licensed Conveyancers (CLC), which will make sure that your complaint is properly dealt with by the conveyancer. Please see below for more information.
My ex -wife’s name is on the Yorkshire 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 Yorkshire Building Society mortgage in order to sell?
In terms of the Yorkshire 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 Yorkshire 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.