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Find an Approved Solicitor on the Norwich and Peterborough Building Society Conveyancing Panel

Q and A’s regarding the Norwich and Peterborough Building Society Solicitor Panel

I am expecting a offer of a mortgage from Norwich and Peterborough Building Society. I would like to use a Licensed Conveyancer. Does the Norwich and Peterborough Building Society Solicitor panel exclude conveyancers regulated by the CLC
Norwich and Peterborough Building Society’s conveyancing panel is, like many other lenders represented by the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
We are nearing an exchange and my parents having sent the 10% deposit to my lawyer. I am now advised that as the deposit has not come from me my lawyer needs to make a notification to my lender Norwich and Peterborough Building Society. I am advised that, being on the Norwich and Peterborough Building Society conveyancing panel and acting on their behalf he must inform Norwich and Peterborough Building Society if the balance of the mortgage advance is coming from anyone other than me. I advised the bank about my parent’s contribution when I applied for the mortgage so is it really necessary for him to raise this?
Your lawyer is obliged to check with Norwich and Peterborough Building Society to make sure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only report this to Norwich and Peterborough Building Society if you agree, failing which, your lawyer must cease to continue acting.
I see that you have a post code search directory identifying law firms on the Norwich and Peterborough Building Society conveyancing panel. Do firms pay you a referral fee if I appoint them for my own house purchase?
We are a listing service only for law firms wishing to communicate if they are on the Norwich and Peterborough Building Society conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint.
My uncle passed away six months ago and as sole heir and executor was left the house. The house had a small mortgage remaining of approximately £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Norwich and Peterborough Building Society , pay off the mortgage etc. Is this possible?
If you intend to re-mortgage then Norwich and Peterborough Building Society will insist on your using a conveyancer on the Norwich and Peterborough Building Society conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Norwich and Peterborough Building Society conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Norwich and Peterborough Building Society mortgage is registered as a charge at the Land Registry.
is it true that all conveyancing solicitors on the Norwich and Peterborough Building Society conveyancing panel regulated by the SRA?
As solicitors, in order to be on the Norwich and Peterborough Building Society conveyancing panel they would need to be regulated by the Solicitors Regulatory Authority. Many lenders do allow licenced conveyancers on their panel in which case such firms would be regulated by the Council of Licensed Conveyancers (CLC).
Do the majority of lenders operate their own panel of solicitors?
Many lenders do operate a restricted conveyancing panel but a lot of lenders allow any solicitors to join their panel so long as they meet their criteria. Each lender sets their own criteria. For example the Norwich and Peterborough Building Society conveyancing panel requirements are different to Norwich and Peterborough Building Society’s conveyancing panel criteria.
I'm spending time viewing apartments and am about to put in an offer. Should I already have a conveyancer appointed at this stage? I intend to finance via a mortgage with Norwich and Peterborough Building Society
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 Norwich and Peterborough Building Society , ask your prospective lawyers check they are on the Norwich and Peterborough Building Society conveyancing panel otherwise they can't do the mortgage legal work.