Newcastle Building Society Solicitor Panel Sample Enquires to our Call Center from members of the public
My lawyer has never been on on the Newcastle Building Society Approved Panel. Can I still continue with my family solicitor notwithstanding that they are not on the Newcastle Building Society panel of approved conveyancing solicitors?
You will need to have a conveyancer complete the legal work required when you take out a Newcastle Building Society mortgage to buy your property. They’ll carry out all the necessary legal checks on the property, make sure that you’re properly registered as the owner and ensure that all the necessary mortgage documentation is in place. You can instruct a conveyancing firm of your choice. However, if the firm selected is not a member of the Newcastle Building Society conveyancing panel additional costs will be incurred as separate legal representation will be required by Newcastle Building Society. Conveyancing panel applications can be submitted, so if your conveyancer has not previously applied for membership they can do so.
Our solicitor has discovered a problem with the lease for the property we are purchasing. The other side have offered defective title insurance as a workaround. We are content with insurance and will pay for it. Our solicitor says that as he is on the Newcastle Building Society conveyancing panel he must be satisfied that the lender is happy with this solution. Who is the client here, us or Newcastle Building Society?
The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and Newcastle Building Society are the client. A precondition 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). The CML Handbook conditions require your lawyer to disclose issues such as defects will the lease so that Newcastle Building Society can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected . Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
I note that you have a search directory listing law firms on the Newcastle Building Society conveyancing panel. Do firms pay you a referral fee if I appoint them for my house purchase?
We are a listing service only for law firms wishing to communicate if they are on the Newcastle Building Society conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint.
I am trying to get my ex-wife taken off the mortgage deeds. Can Newcastle Building Society really insist on which solicitor I can or can not instruct?
You can use any solicitor you like but Newcastle Building Society then has the right to appoint a different solicitor to act for them at your expense. It might be more cost effective and quicker to instruct a lawyer who is on the Newcastle Building Society solicitors panel
I am currently in the process of buying my council flat. I have a mortgage agreed with Newcastle Building Society. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event if you are getting a mortgage with Newcastle Building Society you will need to appoint a solicitor on the Newcastle Building Society conveyancing panel.
After much negotiation I have agreed a price on an apartment. My mortgage broker recommended their conveyancers I paid an upfront payment of 175. Soon after the conveyancers contacted me sheepishly admitting that they were not on the Newcastle Building Society conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Newcastle Building Society panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I had an offer accepted on a house on the 20th January 2014, valuation was booked five days after, all came back fine. Conveyancer instructed, so all that was missing was my mortgage offer. Having made daily calls to Newcastle Building Society and chasing them on my offer I have now been told that my offer will not be issued unless the lawyer is on the Newcastle Building Society conveyancing panel. Are Newcastle Building Society entitled to hold back the Mortgage pending the lawyer being on the approved list?
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Newcastle Building Society to deal with your lawyers application to be on the Newcastle Building Society conveyancing panel. There's no guarantee that your solicitors will be accepted.
