We are hoping to buy a newbuild flat in East Yorkshire with a homeloan from Yorkshire Building Society.We would like to retain our East Yorkshire conveyancing practitioner but Yorkshire Building Society says she’s not listed on their approved list of member firms. we are left little option but to use a Yorkshire Building Society panel solicitor or retain our preferred solicitor and pay for one of their panel ones to represent them. We feel as though this is unjust; Can we not simply insist that Yorkshire Building Society use our lawyer?
No, not really. The home loan offered to you is subject to its terms and conditions, a common one being that conveyancers will be on the Yorkshire Building Society approved list. in the past, most banks had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your solicitors to apply to be on the conveyancing panel for Yorkshire Building Society
If you had a top tip for choosing a conveyancing solicitor in East Yorkshire what would it be?
It would be unwise to be swayed by the lowest East Yorkshire conveyancing costs illustration. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of the deal.
When it comes to lenders such as Principality, do East Yorkshire property lawyers face a fee to be on the conveyancing panel?
We are not aware of any mortgage company fees to be on their list of approved firms, although some do charge an administration fee to deal with the processing of the conveyancing panel submission.
The formalities of my remortgage has taken place for my property in East Yorkshire. Conveyancing was satisfactory but I would like to complain about the lender. Who do I contact should I wish to lodge a complaint?
Almost all banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Team at head office. In most cases complaints to a lender are sorted out very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
Are there restrictive covenants that are commonly picked up during conveyancing in East Yorkshire?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in East Yorkshire. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
What tools are available to locate a East Yorkshire solicitor on the Virgin Money conveyancing panel? I have a car and am willing to travel upto 10miles to meet the solicitor.
You can use the facility on this page. Please pick a bank and your location and you will see a number of East Yorkshire conveyancing lawyers based on proximity. We have listed some East Yorkshire conveyancing firms at the bottom of this page and you can telephone them to verify if they are on the Virgin Money approved list
In my capacity as executor for the estate of my uncle I am selling a property in Neath but I am based in East Yorkshire. My conveyancer (who is 260 miles from meneeds me to execute a stat dec before completion. Could you suggest a conveyancing practitioner in East Yorkshire to attest and place their company stamp on the document?
strictly speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or solicitor will do regardless of whether they are East Yorkshire based
Me and my husband are buying a leasehold maisonette in East Yorkshire. Conveyancing quotes are averaging around £1800. Is that reasonable?
The average cost last year for conveyancing in East Yorkshire was £1,395 not including Land Tax and HM Land Registry fees.