FAQs for the Barclays - Woolwich Conveyancing Panel
from members of the public
On what basis could a law firm be excluded from the Barclays - Woolwich solicitor panel?
A survey recently commissioned by the Solicitors Regulatory Authority found that three quarters of solicitor practices had been excluded from a lender panel. The most common reasons in order are :
- Low volume of transactions
- the lawyer is a sole practitioner
- as part of the HSBC panel reduction
- regulatory contact by SRA
- accidental removal. We are not aware of the specific or common criteria for removal by Barclays - Woolwich
We are due to exchange on the purchase a house but as a result of damage from the recent storms I have agreed compensation from the seller of £3k approx by way of a reduction in the price. This was going to be dealt with as part of the conveyancing process but my mortgage company Barclays - Woolwich will not agree to this. Why was Barclays - Woolwich even consulted?
Your lawyer being on the Barclays - Woolwich conveyancing panel is duty bound to inform Barclays - Woolwich of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to Barclays - Woolwich then they would have to discontinue acting for you and Barclays - Woolwich.
I have checked your search tool I can't find the lawyer I was hoping to instruct as being on the Barclays - Woolwich conveyancing panel. My lawyer has said that they are on the Barclays - Woolwich approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the Barclays - Woolwich conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the Barclays - Woolwich solicitor panel.
We're in Wales, First timers buying with a mortgage (lender is Barclays - Woolwich , but our solicitor is on the Barclays - Woolwich conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Barclays - Woolwich conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a time-frame for your conveyancing due to third parties outside of our control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain
I am selling my house. I had a double glazing fitted in month 7 but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Barclays - Woolwich are being a right pain. The solicitor who is on the Barclays - Woolwich conveyancing panel is saying indemnity insurance will be fine 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.
I had an offer accepted on a house on the 12th February 2014, valuation was booked 4 days after, received a clean bill of health. Solicitor appointed, so the only thing outstanding was my mortgage offer. Having made daily calls to Barclays - Woolwich and chasing them on my offer I have now been told that my offer will not be issued unless the lawyer is on the Barclays - Woolwich conveyancing panel. Can the lender hold off the offer?
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Barclays - Woolwich to deal with your lawyers application to be on the Barclays - Woolwich conveyancing panel. There's no guarantee that your solicitors will be accepted.
We are are buying a flat in Hendon. Conveyancing solicitors in Hendon are preferred to beinstructed. My agentadvised that we make sure that the solicitor in Hendon is on the Barclays - Woolwich approved list of lawyers. Surely I don't need to do this, do I?
It is not that case that all Hendon conveyancing practices are on the Barclays - Woolwich conveyancing panel. 8 people a month use our search tool to find a
Hendon conveyancing solicitor on the on the Barclays - Woolwich list of approved conveyancing firms.