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approved by Newcastle BS
Ready to buy a new home? Failing to check that a lawyer is on the Newcastle BS list of approved solicitors can put your transaction at risk of delay or failure.
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How does my firm apply to be on the Newcastle Building Society Conveyancing Panel? How can my firm be reinstated onto the Newcastle Building Society Conveyancing Panel?Find an Approved Solicitor on the Newcastle Building Society Conveyancing Panel
FAQs : The Newcastle Building Society Solicitor Panel
My financial adviser has asked me for my lawyer’ panel member for the Newcastle Building Society conveyancing panel. Can you suggest how I discover this. I have contacted my local Newcastle Building Society office but they have not responded to me.
Have you tried speaking to your lawyer about this?. A law firm is likely to keep a file or database of lender panel information which would include, if applicable their conveyancing panel details for Newcastle Building Society.
I am buying a brand new duplex and my lawyer is informing me that she has to disclose incentives from the builder as her practice is on the Newcastle Building Society conveyancing panel. I am under pressure to exchange and I dont want to prolong matters. is my lawyer taking the correct approach?
You should not exchange unless you have advised to do so by your lawyer. A precondition to being on the Newcastle Building Society approved panel is to comply with the CML Handbook requirements (last updated for this lender on Newcastle Building Society). The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
I am buying a house and require a conveyancing solicitor in Newcastle who is on the Newcastle Building Society solicitor. Can you recommend a local solicitor?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Newcastle Building Society . We don’t recommend any particular firm.
I am considering applying for a Newcastle Building Society mortgage for purchase of a new build (under development) with 65 per cent loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Newcastle Building Society?
There is nothing to stop you using your solicitor but Newcastle Building Society will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
When it comes to mortgage companies such as Newcastle Building Society do solicitors 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.
I have paid off my mortgage with Newcastle Building Society. I assume I don't need a solicitor on the Newcastle Building Society panel to remove the mortgage at the Land Registry. Please confirm
If you have finished paying off your Newcastle Building Society mortgage they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Newcastle Building Society mortgage from the register. Newcastle Building Society,and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
but are not moving to another property
where the Newcastle Building Society has sent the Land Registry the discharge electronically, and
the Newcastle Building Society has instructed the Land Registry to do so
The Land Registry will send you a letter confirming that your Newcastle Building Society mortgage has been paid off.
My brother and I are remortgaging a garden flat in Hendon. Conveyancing solicitors in Hendon are preferred to beinstructed. My friendsuggested that we double-check that the solicitor in Hendon is on the Newcastle Building Society approved list of lawyers. Surely I don't need to do this, do I?
Far from all Hendon conveyancing firms are on the Newcastle Building Society conveyancing panel. 8 people a month use our search tool to locate a Hendon conveyancing lawyer on the on the Newcastle Building Society panel.