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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
Q and A’s regarding the Newcastle Building Society Conveyancing Panel
I have been advised by my broker that I have to pay Newcastle Building Society fees should I instruct my family lawyer. How good are the Newcastle Building Society conveyancing panel solicitors? I'm happy to use any solicitor in the country TBH provided that they are good and reasonably priced. Are there any Newcastle Building Society conveyancers you'd recommend?
Newcastle Building Society’s conveyancing panel is pretty large so it would be advisable to check with the firms you are getting quotes from whether they are on it. You can search by postcode on the search tool on this site to find solicitors that Newcastle Building Society will allow to act for them.
Can you help?. For no fault of my lawyer but, my purchase conveyancing has been going on for months. The Local Authority Search from Newcastle Building Society was issued random date and we have agreed a date for me to move into the property on Tues etc. My lawyer informs me that as she is on the Newcastle Building Society conveyancing panel she needs to redo the searches as they are no longer valid.
One of the many conditions 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)which states that a local authority search be not more than 6 months old. You should nevertheless ask your lawyer to check whether something called ‘search validation’ indemnity insurance is acceptable to Newcastle Building Society.
Whilst your website is a good idea there are many lawyers listed near Hackney on the Newcastle Building Society conveyancing panel. Can you recommend a specific firm on the conveyancing panel for Newcastle Building Society ?
We do not recommend specific firms as the right firm for you depends on where your priorities lie. For example you may require a local firm with local knowledge or you might be looking for the low cost conveyancing. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..
The firm that I recently instructed on my house acquisition in London has suddenly closed. I only went with them because I needed a solicitor on the Newcastle Building Society conveyancing panel and my previous lawyer was not. I gave my credit card details for them to take £175 for searches. What are my options?
Assuming that you have an Estate Agent in the equation then let them know immediately so that they can let the sellers know that there may be a slight delay due to the problems encountered. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Newcastle Building Society conveyancing panel and notify the lender. If you have paid over any money it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors should be in a position to assist
Can I register a complaint to Newcastle Building Society about the lawyers being on the Newcastle Building Society conveyancing panel?
There is little point in complaining directly to Newcastle Building Society. All solicitors and conveyancer must have a complaints procedure. You can get information from the solicitor’s or conveyancer’s website or ask at their office. They must tell you about it if you ask.
The Legal Ombudsman will make sure that your complaint is addressed by the solicitor. It can also advise you how to complain.
If a licensed conveyancer does not have a complaints procedure or will not tell you about it, contact the Council for Licensed Conveyancers (CLC), which will make sure that your complaint is properly dealt with by the conveyancer. Please see below for more information.
I have instructed a lawyer having checked that they are on the Newcastle Building Society conveyancing panel. Does my lawyer arrange the survey of the property?
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Having read lots of house buying,I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my solicitor - who is on the Newcastle Building Society conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Newcastle Building Society will need an independent valuation of the property. Your lawyer will not arrange this. Usually Newcastle Building Society will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey.
You may wish to consider appointing your own surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
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Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by postcode. As you are getting a mortgage with Newcastle Building Society you could contact your them to see if they have a list of approved surveyors.
Newcastle 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 Newcastle Building Society or your broker and complete any relevant paperwork. Newcastle Building Society will tell you what documents they want. Newcastle 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. Newcastle 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.