FAQs for the Norwich and Peterborough Building Society Conveyancing Panel from members of the public
It has come to my attention via my mortgage adviser that my the law firm I have appointed is not on the Norwich and Peterborough Building Society Conveyancing panel. What can I do to be sure that this is correct?
You need to contact your conveyancer. It is reasonable to expect your lawyer to advise you what has happened. If they are not on the panel they could put your in touch with solicitors on the the approved Norwich and Peterborough Building Society solicitor panel.
My grandson is buying a newly built flat with a mortgage from Norwich and Peterborough Building Society. His conveyancer has advised him of a delay in receiving the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The form is intended to provide information to the main parties involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Norwich and Peterborough Building Society conveyancing panel as a standard part of the process, and to the surveyor when asked.
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 Norwich and Peterborough 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 Norwich and Peterborough Building Society conveyancing panel? Do Norwich and Peterborough Building Society send you an updated list?
The law firm practices themselves provide us confirmation that they are on the Norwich and Peterborough Building Society conveyancing panel as opposed to being supplied with a list from Norwich and Peterborough Building Society directly.
We're in Birmingham, First timers purchasing with a mortgage (lender is Norwich and Peterborough Building Society , but our solicitor is on the Norwich and Peterborough Building Society conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Norwich and Peterborough Building Society conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a time-frame for your conveyancing due to third parties outside of our control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain
Is it the case that all solicitor firms on the Norwich and Peterborough Building Society conveyancing panel regulated by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Norwich and Peterborough 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).
My wife and I have arranged a further advance on our mortgage from Norwich and Peterborough Building Society as we wish to carry out alterations or improvements our home. Do we need to appoint a solicitor on the Norwich and Peterborough Building Society conveyancing panel to deal with the paperwork?
Norwich and Peterborough Building Society do not ordinarily instruct a member of their approved list of lawyers to deal with such a matter. If they did require any legal work then you would need to ensure that such a lawyer was on the Norwich and Peterborough Building Society panel
We were going to get a DIP from Norwich and Peterborough Building Society this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc).Do the Norwich and Peterborough Building Society recommend a solicitor on the Norwich and Peterborough Building Society conveyancing panel, or is it better to go independently
You will need to appoint solicitors independently although you'll need to choose one on the Norwich and Peterborough Building Society conveyancing panel. The solicitor represents both you and the Norwich and Peterborough Building Society through the process.
