Find a Law Firm
approved by NewStreet

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

I’m a member of the public I’m an Estate Agent, Broker or Lender I’m a Solicitor in England & Wales

Find by Location

Find a Law Firm approved by NewStreet

Looking for information about your firm's panel status?

How does my firm apply to be on the New Street Mortgages Conveyancing Panel? How can my firm be reinstated onto the New Street Mortgages Conveyancing Panel?

Find an Approved Solicitor on the New Street Mortgages Conveyancing Panel

New Street Mortgages Solicitor Panel Example Support Desk Enquires

For what reasons would a firm of solicitors be excluded from the New Street Mortgages approved conveyancing panel?
According to a recent survey report by the solicitors regulator three quarters of solicitor practices had been removed from a lender panel. The most common reasons in order are :
  1. Low volume of transactions
  2. the lawyer is a sole practitioner
  3. as part of the HSBC panel reduction
  4. regulatory contact by SRA
  5. accidental removal. We are not aware of the specific or common criteria for removal by New Street Mortgages
My solicitor has discovered an inconsistency between the assumptions in New Street Mortgages’s valuation report and what is in the title deeds. My solicitor has advised that as he is on the New Street Mortgages conveyancing panel he is obliged to check that the lender is with this discrepancy and is content go ahead. Is my conveyancer’s approach legitimate?
A precondition to being on the New Street Mortgages approved panel is to comply with the CML Handbook requirements (last updated for this lender on New Street Mortgages) which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
Is it necessary during the course of the conveyancing process to pop into the offices of the New Street Mortgages conveyancing panel solicitor to sign the legal charge? If so, I will appoint a lawyer who conducts conveyancing in Liverpool so that I can attend their offices when needed.
Whereas this was necessary 12 years ago, most lenders no longer require their conveyancing panel solicitor to witness the borrowers signature. You will still be obliged to provide ID Documents and there are still distinct advantages to using a local solicitor, in your case a conveyancing solicitor in Liverpool .
I am buying a right to buy flat and getting a mortgage with New Street Mortgages. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the New Street Mortgages conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to made in you doing to conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on the New Street Mortgages conveyancing panel in your location.
My husband and I are in the process of looking at houses and am about to put in an offer. Is it best to have a conveyancer on ‘stand by’? I I am planning to take a home loan with New Street Mortgages
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 New Street Mortgages , make sure you remember to check that your lawyer is on the New Street Mortgages conveyancing panel.
I have decided to exercise my right to buy my property off the council. I have a mortgage offer with New Street Mortgages. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event if you are getting a mortgage with New Street Mortgages you will need to appoint a solicitor on the New Street Mortgages conveyancing panel.
The for formalities of my remortgage has taken place with a loan from New Street Mortgages. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about New Street Mortgages. How does one go about formally complaining?
All banks and building societies have complaints procedures. Your first point of contact should be one of the New Street Mortgages branches or the Customer Care Team at New Street Mortgages head office. Ordinarily complaints to New Street Mortgages are resolved very quickly. If you feel that the matter is not resolved you can write to the Financial Ombudsman Service with full details of your complaint.

Other Topics

Transfer of Equity for New Street Mortgages

Please note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors