Tag: leeds-building-society-conveyancing-panel
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Is Your Solicitor on the Leeds Building Society Conveyancing Panel?
The Leeds Building Society mandates that solicitors must be on its approved conveyancing panel to avoid delays and extra costs when buying or remortgaging. This guide outlines how to check a solicitor’s status, the implications of unapproved firms, and steps to ensure compliance with lender requirements throughout the transaction.
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Leeding the way in making conveyancing tougher
Leeds Building Society has updated its conveyancing requirements, affecting third-party contributions and building insurance. Changes include a need for a declaration regarding funds not from the borrower and a new insurance excess limit of £1,000. These modifications may lead to additional work and costs for conveyancers, impacting clients’ perceptions.