Barclays - Woolwich Conveyancing Panel : Questions and Answers from members of the public
A lawyer my fiance and I wanted to use for conveyancing on a purchase said he would charge more if my lender is due to their difficult processes! Will I regret using Barclays - Woolwich? Any comments will be appreciated
Barclays - Woolwich conveyancing requirements for their panel are no better or no more complicated than most lenders.
It is the case now the CML Handbook, the "bible" used by solicitors to establish lender requirements, is different for each lender.
It is not clear if your lawyer is on the Barclays - Woolwich conveyancing panel. If they are not, this does add further risk of delay as Barclays - Woolwich will appoint their own solicitors to look after their interest.
We are only a couple days away from an exchange and my parents having transferred the 10% deposit to my lawyer. I am now advised that as the deposit has not come from me my lawyer needs to make a notification to my lender Barclays - Woolwich. I am advised that, being on the Barclays - Woolwich conveyancing panel and acting on their behalf he must inform Barclays - Woolwich if the balance of the mortgage advance is not just from me. I disclosed to the bank about my parent’s contribution when I applied for the mortgage so is it really necessary for this now to be an issue?
Your lawyer is obliged to check with Barclays - Woolwich to make sure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only report this to Barclays - Woolwich if you agree, failing which, your lawyer must cease to continue acting.
What tools are available to find a local solicitor on the Barclays - Woolwich conveyancing panel? I have a car and am prepared to travel up to 10 miles to meet the lawyer.
You can use the find a conveyancing panel tool on this page. Please choose the lender and your location and you will see a number of lawyer located nearest you. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the Barclays - Woolwich solicitor panel.
Please explain the implications if my solicitor is removed from the Barclays - Woolwich Solicitor panel in advance of completion?
First, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have ti instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by the regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
We have a mortgage agreed in principle with Barclays - Woolwich. Solicitors have been instructed? What is the average time that one could expect to receive a mortgage offer from Barclays - Woolwich?
Some lenders take longer than others. Have Barclays - Woolwich done the survey? Have you advised Barclays - Woolwich as your lawyers details and checked that your lawyer is on the Barclays - Woolwich conveyancing panel? It is not unusual for a mortgage offer to take a month to come through
I was thinking of purchasing my friend’s property. Assuming we can agree a figure, what’s the best way to proceed? I hope to get a mortgage with Barclays - Woolwich. Is there anyway to cut out the solicitors to save on the costs? My dad reckons back in the day he did a lot of it himself, just went into the land registry office and providing them with the info they needed himself
If you are getting a mortgage with Barclays - Woolwich involved you will need to appoint a solicitor on the Barclays - Woolwich conveyancing panel. We would not encourage you to both use the same solicitors' firm. There are clear conflict of interest issues and it's not going to make a huge difference to the speed of the overall process. So as not to hold things us you should pass on your solicitors details to Barclays - Woolwich. Feel free to use our search tool to look for a licensed conveyancer or solicitor on the Barclays - Woolwich conveyancing panel.
I am selling my house. I had a double glazing fitted in month 6 but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Barclays - Woolwich are being a right pain. The solicitor who is on the Barclays - Woolwich conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Barclays - Woolwich are requiring a building regulation certificate. Why do Barclays - Woolwich have a conveyancing panel of they don’t accept advice from them?
It is probably the case that Barclays - Woolwich have referred the matter to their valuer. The reason why Barclays - Woolwich may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing correctly and safely installed. It merely protects against enforcement action which is very unlikely anyway.