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approved by Newcastle BS
Ready to buy a new home? Failing to check that a lawyer is on the Newcastle BS list of approved solicitors can put your transaction at risk of delay or failure.
Find an Approved Solicitor on the Newcastle Building Society Conveyancing Panel
FAQs for the Newcastle Building Society Conveyancing Panel
How easy is it to change a solicitor as I need to find one who is on the Newcastle Building Society conveyancing panel. How easy is it to change conveyancer?
If you haven't yet instructed a solicitor to do anything for you and have just received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer you're considering.
I am purchasing a newly built apartment and my solicitor is advising me that she has to reveal incentives from the seller as her practice is on the Newcastle Building Society conveyancing panel. I am under pressure to sign contracts and I would rather not prolong 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 Newcastle Building Society approved panel is to comply with the CML Handbook requirements (last updated for this lender on Newcastle 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.
I require the services of a Newcastle Building Society panel solicitor in Stirling. Can you assist?
Unfortunately it’s not apparent why you need a Newcastle Building Society panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to Newcastle Building Society to find out which solicitors in Newcastle Building Society are on their panel. If you do find such a firm not listed please direct them to our site to list. After all the cost is only one £1 a month
I am considering applying for a Newcastle Building Society mortgage for purchase of a newly converted (under development) with 65 per cent LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Newcastle Building Society?
There is nothing to stop you using your solicitor but Newcastle 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 an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
is it true that all solicitors on the Newcastle Building Society conveyancing panel overseen by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Newcastle Building Society conveyancing panel they would need to be regulated by the Solicitors Regulatory Authority. Many lenders do allow licenced conveyancers on their panel in which case such firms would be regulated by the Council of Licensed Conveyancers (CLC).
Two weeks ago we had a mortgage agreed in principle with Newcastle Building Society. Solicitors have been chosen? What is the average time that one could expect to receive a mortgage offer from Newcastle Building Society?
Some lenders take longer than others. Have Newcastle Building Society done the valuation? Have you advised Newcastle Building Society as your lawyers details and checked that your lawyer is on the Newcastle Building Society conveyancing panel? sometimes it can take as long as six weeks for a mortgage offer to be issued
I have instructed a lawyer having made sure that they are on the Newcastle Building Society conveyancing panel. Does my lawyer arrange the survey of the property?
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I've read lots of mortgage guides,I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my solicitor - who is on the Newcastle Building Society conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Newcastle Building Society will need an independent valuation of the property. Your lawyer will not arrange this. Usually Newcastle Building Society will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey.
You may wish to consider appointing your own surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
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Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by postcode. As you are getting a mortgage with Newcastle Building Society you could contact your them to see if they have a list of approved surveyors.