Yorkshire Building Society Conveyancing Panel Information

The information on this page is designed to keep solicitors and licensed conveyancers abreast of latest requirements changes by Yorkshire Building Society and to assist in remaining on the Yorkshire Building Society Solicitor Panel.

Yorkshire Building Society Solicitor Panel: Recently Asked Questions

Am I obliged, being on the Yorkshire Building Society conveyancing panel, to carry out a flood search?
Yorkshire Building Society make no specific obligation to carry out any of the searches listed. The UK Finance Lenders’ Handbook simply states that ‘you must ensure that any other searches which may be appropriate to the particular property, taking into account its locality and other features are carried out’.

Please note that most ‘less usual searches’ (as described in the Law Society’s Conveyancing Handbook) are not optional as far as Yorkshire Building Society are concerned if they are ‘appropriate’. Most lenders will not require environmental searches (you should Check Part 2 of UK Finance Lenders’ Handbook to be sure), but you are obliged to explain risks and availability to the client.

Ground stability, Plansearch,flood searches as well as the searches listed in the question are optional – but only to the extent that you have allowed the borrower client to make an informed choice. Regardless of whether there is a mortgage, If you have not advised the client that these (and other) searches are available and what risks they cover, then you will be liable if the client suffers loss through not conducting one. Is this covered within your Terms of Engagement or Report on Title?

One search provider lists over 72 conveyancing searches – do you know what all of them are and when they may be relevant? If you are unsure as to which searches are appropriate based on location call your search provider or call one of the leading search companies such as Searches UK.

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Do you have any idea what Lenders such as Yorkshire Building Society are asking for when it comes to applying to be on their approved conveyancing panel?
Criteria differ from lender to lender. We do not hold specific requirements relating to the questions raised as part of the application to be on the Yorkshire Building Society conveyancing panel. Typically lenders need to have full knowledge of a firm including (but not limited to):
  • List of fee-earners who are foreign qualified
  • Whether the firm has ever knowingly accepted instructions on transactions involving Sale and Rent Back, Back to Back, Exchange and Delayed Completion and Lease Option, Below Market Value.
  • List of all those who can sign off the Certificate Of Title
  • purchase and remortgage)
  • SRA or equivalent regulator registration number where applicable
  • Summary of annual accounts
  • Full disciplinary history for each conveyancing solicitor
  • Automated alerting to inform lenders when there is a fundamental change to the firm (e.g. new disciplinary action)
  • List of all those who fund the firm, including non-lawyers if applicable
  • and Conveyancing Quality Scheme
  • I recently attended a seminar arranged via my PI broker where it was mentioned that solicitors are being sued for non-compliance with Part 2 requirements . I am on the Yorkshire Building Society conveyancing panel can you tell me how Part 2 changes took place by Yorkshire Building Society during 2013?
    During 2013, 72 sections of the UK Finance Lenders’ Handbook P2 were changed by Yorkshire Building Society. Some changes are more important than others but as a firm on the Yorkshire Building Society conveyancing panel you are of course obliged to comply with individual lender requirements, as set out in Part II of the UK Finance Lenders’ Handbook. Locktons have recently pointed out in an article that non-compliance with Part 2 requirements account for a number of high value claims, and it is therefore important to be aware of any particularly onerous terms that an individual lender may impose.

    Remember: CML requirements are not guidelines; they are the lender client’s instructions.

    I read the occasional LENDERmonitor email but I rarely see change of note. For example, I am on the Yorkshire Building Society conveyancing panel and get an alerts only advising of a change of address. Isn't that just noise?
    Yes it does matter because sending a communication or deeds to the wrong address can cause delays that might not only affect your borrower client but also affect your ability to remain on the Yorkshire Building Society conveyancing panel. Is possible next month that Yorkshire Building Society change their requirements as to where the post completion documents should be sent. Do you update the details in your case management system? Is this recorded anywhere? Is this communicated to the staff? In your Certificate of Title to Yorkshire Building Society you are giving assurances that you will forward the deeds within 10 days of receiving the Title Information Document. Leaving to one side whether you are in breach of an undertaking in sending it to the wrong address, you run the risk of Yorkshire Building Society suspending you off the panel because they are not receiving the deeds in accordance with the COT. It will not be a valid excuse to say that you sent it to their old address.
    Do publish figures exists disclosing the Yorkshire Building Society conveyancing panel size as well as the number of conveyancing firms dismissed each year?
    With mortgage companies and solicitors working so closely together it is surprising that there has not been much call for the introduction of a bit of transparency regarding not just the figures for the Yorkshire Building Society conveyancing panel but for all lender panel listings
    St Giles’ PI Insurance renewal form asks if my firm had been removed off any lender panels in the last 12 months. I just became aware that the firm is no longer on the Yorkshire Building Society solicitor panel? Is this likely to effect my insurance?
    Your insurance brokers are your best port of call to address this question. The chances are that on the basis that you have not been removed for fraud or negligence reasons that there will be little or no impact. The main reason why a firm would be removed off of a lender panel is due to low volume of conveyancing cases although there may be a number of criteria for Yorkshire Building Society solicitor panel membership. Please remember that it is always important that you complete your insurance forms accurately.
    I am on the Yorkshire Building Society conveyancing panel and all set to complete a remortgage within the next week. I dont have a Mortgage Deed for the client to sign. Who do I contact at Yorkshire Building Society to obtain duplicate documents?
    You need to communicate with Yorkshire Building Society to obtain standard documents. The The Council of Mortgage Lenders Handbook incorporates an individual inquiry for lenders to cite who to contact to obtain standard documents. Yorkshire Building Society in their Part 2’s state:
    Don’t forget to quote your Yorkshire Building Society conveyancing panel reference.

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    Average number of days to register title including a charge in favour of Yorkshire Building Society
    This information relates to purchase only and not remortgages.
    YearDays*
    2026 [no data]
    2025 [no data]
    2024 [no data]
    2023 [no data]
    2022 [no data]
    2021 [no data]
    * Data aggregated from sources including COMPLETIONmonitor