Common questions asked concerning the Norwich and Peterborough Building Society Solicitor Panel
from members of the public
I am hoping to receive a mortgage with Norwich and Peterborough Building Society. my intention is to enlist the help of a Licensed Conveyancer. Does the Norwich and Peterborough Building Society Conveyancing panel include Licensed Conveyancers
Norwich and Peterborough Building Society’s approved solicitor list 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.
Please assist. For no fault of my lawyer but, the conveyancing for my house purchase has been going on for months. The Local Authority Search from Norwich and Peterborough Building Society was issued random date and we have agreed a date for me to move into the property on 6. My lawyer has advised that as she is on the Norwich and Peterborough Building Society conveyancing panel she needs to redo the searches as they are now out of date.
A precondition to being on the Norwich and Peterborough Building Society approved panel is to comply with the CML Handbook Part 2 obligations (last updated for this lender on Norwich and Peterborough Building Society)which specifies that a local authority search be not more than half a year old. You should nevertheless ask your lawyer to check whether something called ‘search validation’ indemnity insurance is acceptable to Norwich and Peterborough Building Society.
I am purchasing a property and need a conveyancing solicitor in Liverpool who is on the Norwich and Peterborough Building Society approved. Could you point me in the right direction as regards a solicitor?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Norwich and Peterborough Building Society . We don’t recommend any particular firm.
I am considering applying for a Norwich and Peterborough Building Society mortgage for purchase of a newly converted (under development) with 65 per cent loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Norwich and Peterborough Building Society?
There is nothing to stop you using your solicitor but Norwich and Peterborough Building Society will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
Can you point me to a directory of Norwich and Peterborough Building Society panel conveyancers 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.
My husband and I are spending time viewing houses and am about to put in an offer. Is it best to have a conveyancer on ‘stand by’? I will be getting a mortgage with Norwich and Peterborough Building Society
It would be sensible to have your start your search soon rather than later. 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 EA. 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.
I have decided to exercise my right to buy my property off the council. I have a mortgage agreed with Norwich and Peterborough Building Society. Conveyancing is new to me. 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 Norwich and Peterborough Building Society you will need to appoint a solicitor on the Norwich and Peterborough Building Society conveyancing panel.