norwich & Peterborough approved solicitor

metso

Hello,
I have had an offer accepted on a house.

The estate agent recommended 2 solicitors to act on my behalf, on account that a local solicitor would be ideal because they know the local area etc.

I spoke to a solicitor recommended by my mum and he suggested using a solicitor that is approved by the mortgage lender.

I asked N&P if the 2 suggested solicitors are approved, which they are not. N&P got back to me pointing out where they can fill out the appropriate forms to become approved.

Do I
A: save myself the bother and use one of N&P's solicitors, which no doubt won't be local to the area I'm buying (Central London)

B: use the local solicitor and accept there may be delays etc as they go through the approval process.

Any advise, would be massively appreciated.

thanks Metso

kingstreet

There may be more to this than you think...

If the solicitor is not on N&P's panel, you may find you have a solicitor act for you and N&P appoints one of its solicitors for it, at your expense.

I have a similar situation with Abbey at the moment. The client's firm isn't CQS accredited so Abbey won't have them act for the lender and to have an Abbey solicitor costs the client their own solicitor fees and £275 + VAT for a panel firm to act for Abbey.

Ask N&P for panel firms in your area. Lenders have them all over the country.

unmissable

I have had a similar situation. I asked my solicitor if they would go onto N & P's panel, and it has taken about 2-3 weeks (they were already on YBS panel which is the parent company of N&P so that may have helped). It was a very simple job for the solicitor. Other stuff was going on in paralell so it wasn't all 'dead time'.

dotdash79

when I got a mortgage with Leek my solicitor wasn't on the panel for them, it wasn't an issue to get added.

Some mortgage companies won't deal with solicitors that aren't in a partnership (solo solictiors)