I am expecting a offer of a home loan from Nat West. My intention is to retain the legal services of a Licensed Conveyancer in Ryton. Does the Nat West Conveyancing panel exclude Licensed Conveyancers?

The Nat West conveyancing panel is, like many other lenders, associated to the CML or BSA, open to Licensed Conveyancers regulated by the CLC.

My brother-in-law has suggested I instruct a conveyancing solicitor in Ryton. I need to find out whether they are on the Barclays conveyancing panel. Can you or the lender confirm if they are on the panel?

You should e-mail your solicitor and ask them whether they are on the lender panel. Alternatively you should get in touch with Barclays who may be able to confirm.

How does conveyancing in Ryton differ for newly converted properties?

Most buyers of new build premises in Ryton come to us having been asked by the seller to sign contracts and commit to the purchase even before the house is built. This is because house builders in Ryton tend to buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Ryton or who has acted in the same development.

I need to instruct a conveyancing solicitor for leasehold conveyancing in Ryton. I have chance upon a site which seems to have the ideal solution If there is a chance to get all the legals done via phone that would be ideal. Do I need to be wary? What are the potential pitfalls?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

We have appointed a Ryton conveyancing solicitor for our home move (novice purchasers) and have spotted in the terms and conditions that they are not regulated by the Financial Conduct Authority. Should I be worried or is that standard with conveyancing practitioner?

We can't see why they should be. Most conveyancing practitioner don't lend money. You should check that they are regulated by the Solicitors Regulation Authority, who dictate strict laws regulating monies sitting on client account.