Common questions asked concerning the Nottingham Building Society Conveyancing Panel
from members of the public
My Conveyancer has never been on on the Nottingham Building Society Solicitor Panel. Is it possible for me to retain my preferred solicitor notwithstanding that they are excluded from the Nottingham Building Society panel of approved conveyancing solicitors?
You have a number of options available to you here:
- Carry on with your preferred lawyers but Nottingham Building Society will need to instruct a lawyer on the Nottingham Building Society conveyancing panel. This will result in additional cost and potential delay.
- Get a new solicitor to act in the purchase, obviously checking they are on the Nottingham Building Society conveyancing panel.
- Convince your lawyer to do everything within their powers to join the Nottingham Building Society conveyancing panel
I am buying a brand new flat and my lawyer is advising me that she has to reveal incentives from the builder as her practice is on the Nottingham Building Society conveyancing panel. I am under pressure to exchange contracts and I dont want to delay deal. Is my lawyer right?
You should not exchange unless you have advised to do so by your lawyer. A precondition to being on the Nottingham Building Society approved panel is to comply with the CML Handbook requirements (last updated for this lender on Nottingham Building Society). The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Whilst your website is a good idea there are many lawyers listed near Manchester on the Nottingham Building Society conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the Nottingham Building Society approved panel?
We are not in the business of recommending one firm above another as the right firm for you depends on where your priorities lie. For example you may require a local firm with local knowledge or you might be looking for the low cost conveyancing. Before you appoint your lawyer we advise you to speak to two or three of the firms listed to gain comfort as to which one is right for you..
My conveyancers in Newcastle have advised me that no longer have my conveyancing file. To assist with my purchase I took out a mortgage with Nottingham Building Society. Is it case that being on the Nottingham Building Society conveyancing panel they need to have retained the file for a number of years?
Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the Nottingham Building Society Conveyancing Panel Terms. It might be worth you contacting Nottingham Building Society directly.
Can you point me to a directory of Nottingham Building Society panel solicitors on the CML Handbook 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.
How can we tell if a solicitor on the Nottingham Building Society panel is any good?
seeking recommendations is a good 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 advise that you speak with the lawyer conducting your transaction
We are are acquiring a 1st floor apartment in Hendon. Conveyancing solicitors in Hendon are preferred to beretained. My agentsuggested that we enquire that the conveyancing practitioner in Hendon is on the Nottingham Building Society approved list of lawyers. Aren't all lawyers on the Nottingham Building Society panel?
Not all Hendon conveyancing practices are on the Nottingham Building Society conveyancing panel. 5 people a month use our search tool to search for a
Hendon conveyancing practitioner on the on the Nottingham Building Society panel.