Conveyancing in Leeds – Local Firms in danger of extinction by Lenders

In the next few weeks Co-operative Financial Services will remove 3,600 sole conveyancing practitioners (solicitors who do not practice in partnership)  including solicitors offering conveyancing in Leeds from its conveyancing panel.

This is bad news for buyers and sellers requiring conveyancing in Leeds as it means that they may be prohibited from using the conveyancing solicitor of their choice when it comes to conveyancing in Leeds. 

Some solicitors conducting conveyancing in Leeds may go out of business depriving the community of local conveyancing advice and therefore removing access to local knowledge about conveyancing in Leeds.

Co-operative Financial Services, which is the financial arm of the Co-op, has recently merged with Britannia and Platform Home Loans. As a result of the decision, if a purchaser in Leeds, for example, decides to opt for a Britannia mortgage they may no longer be able to use their local sole conveyance specialising in conveyancing in Leeds . The said buyer may have used the conveyancing firm for years and instead will be forced to chose another conveyancing firm.

The irony is that the move by Co-operative Financial Services completely contradicts their own ethical policy. The co-operative movement was founded on principles of having positive impacts on communities around them, however this move could have a disastrous effect on a local community who rely on a local conveyancing lawyers and property solicitor for conveyancing, drafting wills, attending police stations, defending criminal proceedings and general legal advice.

Those same solicitors who offer conveyancing services in Leeds and elsewhere could end up going out of business, depriving a local community of an important service.  If you are looking for Conveyancing in Leeds or West Yorkshire, get a conveyancing quote online.