My partner and I are planning to acquire a flat in Anlaby and are in fact using a Anlaby conveyancing firm. Within the past 48 hours our lawyer has sent a preliminary report and documents to look through with the expectation that exchange is imminent. Skipton Building Society have this morning contacted us to advise us that they have now hit a problem as our Anlaby solicitor is not on their conveyancing panel. Is this a problem?
When purchasing a property with the benefit of a mortgage it is usual for the purchasers' solicitors to also represent the mortgage company. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your solicitor should contact your lender and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You don't have to instruct a firm on the lender’s conveyancing panel as you are at liberty to use your preferred Anlaby lawyers, in which case your legal fees may increase, and it will likely delay the transaction as you have another set of people involved.
I am under pressure from the executor of a property in Anlaby to sign contracts within four weeks. What can I do to speed up the legal process?
First, If you are under a tight deadline for your conveyancing it is advisable to make sure that your lawyer is familiar with the area as they will have local relationships and know-how. It is possible that they could have transacted otherhouses in the same neighbourhood. You would be best advised to use a Anlaby conveyancing solicitor. Second, ensure that the conveyancing firm is on the on the approved list for your mortgage company. It is believed that nearly one in five of Anlaby conveyancing deals are frustrated or jeopardised after finding out that a buyer’s solicitor was not on their banks list of approved solicitors. In many cases this discovery resulted in the legal transfer of property being delayed by as much as three weeks. It is claimed that this issue impacts in the region of one hundred thousand home moves annually. Most Anlaby conveyancing practices can not represent certain mortgage companies so do check at the outset.
What does my ID and proof of funds have anything to do with my conveyancing in Anlaby? Is this really necessary?
Anlaby conveyancing solicitors as well as nationwide property lawyers accross the UK have a duty under Anti-terror and anti-money-laundering rules to check the ID of any client with a view to ensure that clients are who they say they are.
Conveyancing clients will need to produce two forms of certified ID; proof of identity (typically a Passport or Driving Licence) and evidence of address (usually a Utility Bill no older than three months).
Confirmation of the origin of monies is also required under the money laundering statutes as conveyancers are mandated to investigate that the monies you are utilising to buy a property (whether it be the deposit for exchange or the total purchase amount where you are buying without a mortgage) has originated from a reputable source (such as an inheritance) rather than the proceeds of illegitimate behaviour.
I have Fifty Six years left on my lease and need a lease extension for my flat in Anlaby. Conveyancing solicitors on the Chelsea Building Society panel can deal with such extensions correct?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 3/9/2025 the requirements read as follows :
Do I select a Licenced Conveyancer or Solicitor for conveyancing in Anlaby?
Two types of professional can do conveyancing in Anlaby namely CLC regulated conveyancers or solicitors. Both professionals handle conveyancing services that you need to complete the sale or acquisition of property. Both are duty bound to execute Anlaby conveyancing on similar quality and guidelines so you can be sure that your conveyancing will be professionally administered and that all requisite procedures will be correctly taken.
My bid for a property was accepted at auction in Anlaby. Conveyancing is required. What are my next steps?
Given that you have now to all intents and purposes signed on the dotted line you will need to instruct a conveyancing solicitor quickly as you now have a tight a fixed date to complete the property. Every auction property will ordinarily have an associated auction set of papers. This should include most,if not all of the documents that your conveyancer will need. If you have purchased leasehold premises the legal papers may provide a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork specific to leasehold premises. You need to give this to your appointed conveyancing solicitor at the earliest opportunity. You also need to ensure that your finances are in place to complete the transaction on the set completion date.
When it comes to lenders such as Leeds Building Society, do Anlaby lawyers incur a yearly amount to be on the list of approved solicitors?
We are not aware of any bank fees to be on their list of approved firms, although some do charge an administration charge to deal with the processing of the conveyancing panel submission.
Should I go with a Anlaby conveyancing practitioner based in the location that I am purchasing? We have a good friend who can perform the legal formalities however his firm is located 300miles away.
The benefit of a high street Anlaby conveyancing firm is that you can drop in to execute documents, hand in your ID and apply pressure on them if necessary. They will also have local insight which is a bonus. However it's more important to get someone that will pull out all the stops for you. If other friends have used your friend and on the whole were impressed that should surpass using an unfamiliar Anlaby conveyancing lawyer just because they are round the corner.