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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.

Find an Approved Solicitor on the Newcastle Building Society Conveyancing Panel

Newcastle Building Society Solicitor Panel Example Support Desk Enquires

We are hoping to buy a 1 bedroom flat in Leeds with a mortgage from Newcastle Building Society. We would like to retain our lawyer but Newcastle Building Society says she’s not on their "panel". We have to appoint one of the Newcastle Building Society panel firms or keep our solicitor and pay for one of their panel ones to represent them. We feel as though this is unjust; Can we not simply insist that Newcastle Building Society use our lawyer?
Unfortunately,no. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the Newcastle Building Society conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your solicitors to apply to be on the conveyancing panel for Newcastle Building Society
Our god-son is in the process of securing a new build apartment with a mortgage from Newcastle Building Society. His solicitor has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?
The form is intended to provide information to the main parties engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Newcastle Building Society conveyancing panel as a standard part of the process, and to the valuer when requested.

The Developer will be required to start the process by downloading the form and completing it.

The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Newcastle Building Society conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.

How up to date is your search tool for the Newcastle Building Society conveyancing panel? Do Newcastle Building Society send you an updated list?
The law firm practices themselves provide us confirmation that they are on the Newcastle Building Society conveyancing panel as opposed to being supplied with a list from Newcastle Building Society directly.
I am buying a right to buy flat and getting a mortgage with Newcastle Building Society. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the Newcastle Building Society 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 Newcastle Building Society conveyancing panel in your location.
The mortgage over my property is with Newcastle Building Society. Conveyancing was finalised months ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Newcastle Building Society?
Your original mortgage agreement with Newcastle Building Society will provide that you need their approval before letting out your property as this is likely to be a breach of Newcastle Building Society’s mortgage conditions. It may be that Newcastle Building Society will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Newcastle Building Society directly. It should not be necessary to do this via a Newcastle Building Society conveyancing panel firm.
After shopping around on the internet I have found a solicitor having checked that they are on the Newcastle Building Society conveyancing panel. Does my lawyer arrange the survey of the property? Or 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. or 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.
Next month my fiance and I are remortgaging a flat in Hendon. Conveyancing solicitors in Hendon are preferred to beretained. My friendadvised that we double-check that the property lawyer in Hendon is on the Newcastle Building Society list of approved conveyancing firms. Aren't all lawyers on the Newcastle Building Society panel?
A limited percentage of Hendon conveyancing solicitors are on the Newcastle Building Society conveyancing panel. 7 people a month use our search tool to locate a Hendon conveyancing solicitor on the on the Newcastle Building Society solicitors pane.