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Ready to buy a new home? Failing to check that a lawyer is on the National BS list of approved solicitors can put your transaction at risk of delay or failure.

Find an Approved Solicitor on the National Counties Building Society Conveyancing Panel

Q and A’s regarding the National Counties Building Society Solicitor Panel

I appointed a solicitor to conveyancing on my house purchase three weeks ago having applied for a mortgage with National Counties Building Society. The law firm assured me that they are on National Counties Building Society conveyancing panel and provided me their panel number. National Counties Building Society then called me to say that their panel number was dormant and would need to be reactivated. What do I do from here? Should I appoint a new solicitor listed on the approved panel for National Counties Building Society?
You may be very frustrated with the lawyer but if it only go take a few more days they it may be worth waiting as, depending on how far progressed you are you may end up delaying the transaction by a number of weeks if you need to replace your solicitor You may wish to enlist the help of your broker to check with the National Counties Building Society as to the time frame to get your lawyer reinstated on the panel once again.
We are due to exchange on the purchase a house but as a result of damage from the recent storms I have agreed compensation from the seller of £3k approx by way of a reduction in the price. This was going to be dealt with as part of the conveyancing process but my mortgage company National Counties Building Society will not agree to this. Why was National Counties Building Society even consulted?
Your lawyer being on the National Counties Building Society conveyancing panel is duty bound to inform National Counties Building Society of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to National Counties Building Society then they would have to discontinue acting for you and National Counties Building Society.
I am purchasing a house and require a conveyancing solicitor in London who is on the National Counties Building Society conveyancing. Could you point me in the right direction as regards a firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for National Counties Building Society . We don’t recommend any particular firm.
What happens if my lawyer’s firm is removed from the National Counties Building Society Solicitor panel prior to completion?
First, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have ti instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by the regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
Can I be sure that the solicitor on the National Counties Building Society panel is any good?
seeking recommendations is a sensible start. Before you go ahead check if they offer a no sale no fee offer. Also you often get what you pay for - a firm which quotes more will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the lawyer conducting your transaction
My offer was accepted on a property on the 20th January 2014, valuation was booked five days after, received a clean bill of health. Conveyancer instructed, so all that was missing was my mortgage offer. Having made daily calls to National Counties Building Society and chasing them on my offer I have now been told that my offer will not be issued unless the lawyer is on the National Counties Building Society conveyancing panel. Can the lender hold off the offer?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for National Counties Building Society to deal with your lawyers application to be on the National Counties Building Society conveyancing panel. There's no guarantee that your solicitors will be accepted.
National Counties Building Society have agreed my mortgage in principle, my offer on house has been accepted, now what?
The estate agent will want to know who your solicitors are (make sure these solicitors are on the lenders panel). Call up National Counties Building Society or your broker and complete any relevant paperwork. National Counties Building Society will tell you what documents they want. National Counties Building Society will instruct a valuer. The valuer will get in touch with the estate agent or seller to book an appointment. Once conducted (assuming no problems) it takes about week to get a mortgage offer. National Counties Building Society will issue the offer to you and your lawyer. The transaction will then take it’s course according the nature and complexity of the conveyancing.