Find a Law Firm
approved by Natwest Bank
Ready to buy a new home? Failing to check that a lawyer is on the Natwest Bank list of approved solicitors can put your transaction at risk of delay or failure.
Looking for information about your firm's panel status?
How does my firm apply to be on the National Westminster Bank plc Conveyancing Panel? How can my firm be reinstated onto the National Westminster Bank plc Conveyancing Panel?Find an Approved Solicitor on the National Westminster Bank plc Conveyancing Panel
FAQs : The National Westminster Bank Conveyancing Panel
I appointed a law firm to conduct the legal paperwork on my remortgage 5 weeks ago having applied for a mortgage with National Westminster Bank. The law firm confirmed to me that they are on National Westminster Bank conveyancing panel and gave me their panel reference. National Westminster Bank then told me that their panel number was dormant and would need to be reactivated. What happens next? Do I instruct a different law firm currently on the approved panel for National Westminster Bank?
The answer depends on whether you still have confidence in the said solicitors and how long it will take for the firm to be reinstated on the National Westminster Bank conveyancing panel You may wish to enlist the help of your broker to check with the National Westminster Bank as to the time frame to get your lawyer reinstated on the panel once again.
We are only a couple days away from an exchange and my parents having transferred the 10% deposit to my lawyer. I am now advised that as the deposit has not come from me my lawyer needs to disclose this to my lender National Westminster Bank. Apparently, being on the National Westminster Bank conveyancing panel and acting on their behalf he must inform National Westminster Bank if the balance of the mortgage advance is not just from me. I advised the bank about my parent’s contribution when I applied for the mortgage so is it really necessary for him to raise this?
Your lawyer is obliged to check with National Westminster Bank to make sure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only report this to National Westminster Bank if you agree, failing which, your lawyer must cease to continue acting.
I have been looking for online conveyancing estimates. Can I be sure that all the practices that are identified on your website are on the National Westminster Bank conveyancing panel?
The law firms listed on our site have assured us via an online form that they are on the National Westminster Bank panel and agreed to advise us to take down their listing in the event of removal off of the National Westminster Bank panel. To date we have not been informed by either a mortgage company or a member of the public that the data about a specific firm being on the National Westminster Bank conveyancing panel is incorrect.
My grandfather passed away 10 months ago and as sole heir and executor was left the property. The house had a small mortgage left on it of around £5k. I want to transfer the title deeds into my name whilst I re-mortgage to National Westminster Bank , pay off the mortgage etc. Is this allowed?
If you intend to re-mortgage then National Westminster Bank will insist on your using a conveyancer on the National Westminster Bank conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your National Westminster Bank conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the National Westminster Bank mortgage is registered as a charge at the Land Registry.
When it comes to lenders such as National Westminster Bank do lawyers have to be pay a fee to be on the list of approved solicitors?
We are not aware of any lender fees to be on their panel although some do charge an administration charge to deal with the processing of the conveyancing panel application.
How can we tell if a solicitor on the National Westminster Bank panel is any good?
Getting recommendations is a good 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 suggest that you speak with the solicitor conducting your conveyancing
I'm in the throws of viewing flats and now considering a potential offer. Is it best to have a conveyancer on ‘stand by’? I will be getting a home loan with National Westminster Bank
You should start obtaining conveyancing quotes from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on the the estate agent. As you are getting a mortgage with National Westminster Bank , make sure you remember to check that your lawyer is on the National Westminster Bank conveyancing panel.