Q and A’s regarding the Barclays - Woolwich Solicitor Panel
from members of the public
How easy is it to change a solicitor as I need to find one who is on the Barclays - Woolwich 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.
We are nearing an exchange and my mum and dad having sent 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. Apparently, 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 him to raise this?
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.
I have been searching for competitive conveyancing fees. Can I be assured that all the law firms that are listed on your site are on the Barclays - Woolwich conveyancing panel?
The law firms on our directory have advised us that they are on the Barclays - Woolwich panel and agreed to advise us to take down their listing in the event of removal off of the Barclays - Woolwich panel. To date we have not been informed by either a lender or a member of the public that the data about a specific firm being on the Barclays - Woolwich conveyancing panel is incorrect.
What happens if my solicitor is suspended from the Barclays - Woolwich Solicitor panel before the moving date as agreed at exchange of contracts?
The first thing to point out is that, 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 for a fee.
Is it the case that all solicitor practices on the Barclays - Woolwich conveyancing panel overseen by the SRA?
As a firm of solicitors, in order to be on the Barclays - Woolwich conveyancing panel they would need to be regulated by the SRA. Many lenders do allow licenced conveyancers on their panel in which case such firms would be regulated by the Council of Licensed Conveyancers (CLC).
Planning on purchasing a flat with a mortgage with Barclays - Woolwich. I have received an online quote from a licensed conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Barclays - Woolwich conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that they are on the Barclays - Woolwich conveyancing panel
Barclays - Woolwich have agreed my mortgage in principle, my offer on house has been accepted, now what?
The estate agent will want to know who your solicitors are (make sure these solicitors are on the lenders panel). Call up Barclays - Woolwich or your broker and complete any relevant paperwork. Barclays - Woolwich will tell you what documents they want. Barclays - Woolwich will instruct a valuer. The valuer will get in touch with the estate agent or seller to book an appointment. Once conducted (assuming no problems) it takes about week to get a mortgage offer. Barclays - Woolwich will issue the offer to you and your lawyer. The transaction will then take it’s course according the nature and complexity of the conveyancing.