FAQs : The National Counties Building Society Conveyancing Panel
from members of the public
I was advised recently by my lender that my lawyer is not on the National Counties Building Society Solicitor panel. How can I be sure that this is correct?
The best course of action for you to take is to contact your lawyer directly. You lawyer should advise you what has happened. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for National Counties Building Society.
Our conveyancer has uncovered a legal deficiency with the lease for the flat we are buying. The other side have offered title insurance as a workaround. We are happy with insurance and will pay for it. Our lawyer says that as he is on the National Counties Building Society conveyancing panel he must be satisfied that the lender is happy with this solution. Are we the client or is National Counties Building Society?
Just because you have a mortgage offer from National Counties Building Society does not mean to say that the property will be meet their requirements for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the CML Handbook Requirements. You and National Counties Building Society are the client. The appropriate lender requirements must be adhered to by the National Counties Building Society conveyancing panel who has to balance acting for you and National Counties Building Society
I note that you have a post code search directory identifying firms on the National Counties 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 National Counties Building Society conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint.
I was expecting to move into my first house last Friday. My solicitor is on the National Counties Building Society solicitors panel but has moved offices 8 weeks ago and had not advised National Counties Building Society of their new address. National Counties Building Society has locked down the release of mortgage funds until such time as their systems are up to date with the correct details.
This is as unusual as it is unlucky. The majority of lender Terms of Conveyancing Panel Appointment specifically oblige the solicitor to inform the lender of an address change. Your solicitor needs to treat this with the utmost urgency. Do speak with or register your concern with the senior partner (assuming he or she is not your direct lawyer). Most lenders would be reasonable in this situation and expedite the resolution of this issue. It may be prudent to enlist the help of your local National Counties Building Society branch or your mortgage broker to see if they can assist.
Is it the case that all solicitors on the National Counties Building Society conveyancing panel regulated by the SRA?
As solicitors, in order to be on the National Counties Building Society conveyancing panel they would need to be regulated by the SRA. Many lenders do allow licenced conveyancers on their panel in which case such firms would be regulated by the Council of Licensed Conveyancers (CLC).
How can we tell if a solicitor on the National Counties Building Society panel is any good?
Getting recommendations is a sensible start. Before you go ahead check if they offer a no sale no fee offer. Also you often get what you pay for - a firm which quotes more will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the solicitor handling your conveyancing
My husband and I are purchasing a penthouse in Hendon. Conveyancing solicitors in Hendon need to beappointed. My brother-in-lawsuggested that we check that the solicitor in Hendon is on the National Counties Building Society approved list of lawyers. Is this really necessary?
Not all Hendon conveyancing practices are on the National Counties Building Society conveyancing panel. 8 people a month use our search tool to locate a
Hendon conveyancing lawyer on the on the National Counties Building Society list of approved conveyancing firms.