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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.
Looking for information about your firm's panel status?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
Newcastle Building Society Conveyancing Panel Example Support Desk Enquires
The conveyancer my husband and I had intended to instruct on a remortgage said she would charge more if my lender is because of their difficult processes! Will I regret using Newcastle Building Society? Is Newcastle Building Society conveyancing so much more difficult?
Newcastle Building Society conveyancing requirements for their panel are no better or no more complicated than most lenders. It is the case now the CML Handbook, the "bible" used by solicitors to establish lender requirements, is different for each lender. It is not clear if your lawyer is on the Newcastle Building Society conveyancing panel. If they are not, this does add further risk of delay as Newcastle Building Society will appoint their own solicitors to look after their interest.
Expecting to complete my purchase next Friday. My conveyancing lawyer has asked me to provide him with a copy of the building insurance for the house as as he informs me that he is duty bound to validate that it is in order for Newcastle Building Society. What risks do Newcastle Building Society expect the insurance to cover?
All property lawyers on the Newcastle Building Society conveyancing panel would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in Newcastle Building Society’s Part 2 requirements of the CML Handbook (last updated on Newcastle Building Society). Being on the Newcastle Building Society conveyancing panel your lawyer is expect to follow these requirements.
Are there any apps to help find a local solicitor on the Newcastle Building Society conveyancing panel? I have a car and am prepared to travel up to 20 kilometers to meet the solicitor.
You can use the find a conveyancing panel search on this page. Please choose the lender and your location and you will see a number of lawyer located nearest you. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the Newcastle Building Society solicitor panel.
My lawyers in Newcastle have advised me that they can not locate my conveyancing file. To assist with my purchase I took out a mortgage with Newcastle Building Society. Is it case that being on the Newcastle Building Society conveyancing panel they need to have retained the file for a number of years?
Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the Newcastle Building Society Conveyancing Panel Terms. It might be worth you contacting Newcastle Building Society directly.
Can you point me to a directory of Newcastle Building Society panel solicitors on the Council of Mortgage Lender’s Website?
No. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. Very few lenders make their panel listings available online.
Two weeks ago we had a mortgage agreed in principle with Newcastle Building Society. Solicitors have been chosen? What is the average time that one could expect to receive a mortgage offer from Newcastle Building Society?
There is no definitive answer here. Have Newcastle Building Society completed the survey? Have you advised Newcastle Building Society as your lawyers details and checked that your lawyer is on the Newcastle Building Society conveyancing panel? It is not unusual for a mortgage offer to take a month to come through
I was thinking of purchasing my friend’s property. Once we agree a price, what’s the best way to proceed? I plan to obtain a mortgage with Newcastle Building Society. Is there anyway to cut out the solicitors to save us both money? My dad reckons back in the day he did a lot of it himself, just went into the land registry office and providing them with the info they needed himself
If you are getting a mortgage with Newcastle Building Society involved you will need to appoint a solicitor on the Newcastle Building Society conveyancing panel. We would not encourage you to both use the same solicitors' firm. There are clear conflict of interest issues and it's not going to make a huge difference to the speed of the overall process. So as not to hold things us you should pass on your solicitors details to Newcastle Building Society. Feel free to use our search tool to look for a licensed conveyancer or solicitor on the Newcastle Building Society conveyancing panel.