Barclays plc Conveyancing Lender Panel Compliance Tool

COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. Supported by the Council of Mortgage Lenders and PI insurers. COMPLETIONmonitor is a unique risk management tool.

This system optimises the way you can demonstrate to lender panels that you are, and can remain fully compliant with their requirements, with notifications given on Barclays plc’s changes. While utilising the tool is not a condition for being on the Barclays plc panel, demonstrating you can remain up to date with Barclays plc’s Handbook requirements is an excellent support to your application to their lender panel and, more importantly, protect your firm’s panel standing.

COMPLETIONmonitor generates real-time alerts, automatically produces compliance and CQS reports, and will increase your firm's efficiency. In addition it is user friendly, cost-effective and, for many firms, leads to a PII saving.

Find a Law Firm approved by Barclays plc

Banks and building societies often change their requirements. The UK Finance Lenders’ Handbook requirements from Barclays plc are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time:

A Timeline of Policy Changes

Since 2008, Barclays plc has made 220 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 12.4 days. In total, 40% of the sections of P2 of the UK Finance Lenders’ Handbook for Barclays plc have been changed since 15/12/2008.

To find out more about lender panel compliance,

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Recent Changes Include

# Date Assoc. Changes Related To
6.7.4 05/10/2017 CML
5.19.1 18/07/2017 CML
Lender Name 12/06/2017 CML
16.3.2 01/06/2017 CML
3.2.3 01/12/2014 CML
6.14.1a 01/12/2014 CML
6.14.4 01/12/2014 CML
5.20.1 01/12/2014 CML
5.20.3 01/12/2014 CML
6.14.1 01/12/2014 CML

Last update 15/05/2019

Common questions asked concerning the Barclays - Woolwich Solicitor Panel from members of the public

I appointed a law firm to conveyancing on my house purchase six weeks ago having applied for a mortgage with Barclays - Woolwich. The solicitors reassured me that they are on Barclays - Woolwich conveyancing panel and provided me their panel reference. Barclays - Woolwich then called me to say that their panel number was dormant and would need to be reactivated. What happens next? Do I instruct a different law firm listed on the conveyancing panel for Barclays - Woolwich?
The answer depends on whether you still have confidence in the said solicitors and how long it will take for the firm to be reinstated on the Barclays - Woolwich conveyancing panel You may wish to enlist the help of your broker to check with the Barclays - Woolwich as to the time frame to get your lawyer reinstated on the panel once again.
can you help? My lawyer is advising me that he is legally obliged to order a Local Authority search because the firm are on the Barclays - Woolwich conveyancing panel. Is my lawyer correct?
You have limited options available to you. Given that you are taking out a loan with Barclays - Woolwich your lawyer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your lawyer would have previously signed the Terms and Conditions of Barclays - Woolwich’s conveyancing panel appointment which obliges them to follow the CML Handbook requirements last updated Barclays - Woolwich. even if you were a cash buyer you would be ill advised not to carry out a local authority search.
I am buying a flat and need a conveyancing solicitor in Newcastle who is on the Barclays - Woolwich conveyancing. Can you recommend a local conveyancing firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Barclays - Woolwich . We don’t recommend any particular firm.
My conveyancers in Newcastle have advised me that they can not locate my conveyancing file. To assist with my purchase I took out a mortgage with Barclays - Woolwich. Is it case that being on the Barclays - Woolwich conveyancing panel they need to have retained the file for a prescribed period?
Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the Barclays - Woolwich Conveyancing Panel Terms. It might be worth you contacting Barclays - Woolwich directly.
Is it the case that all conveyancing solicitors on the Barclays - Woolwich conveyancing panel regulated by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Barclays - Woolwich conveyancing panel they would need to be regulated by the Solicitors Regulatory Authority. Many lenders do allow licenced conveyancers on their panel in which case such firms would be regulated by the Council of Licensed Conveyancers (CLC).
Can I be sure that the solicitor on the Barclays - Woolwich panel is any good?
obtaining recommendations is a good start. Before you go ahead check if they offer a no sale no fee offer. Also you often get what you pay for - a firm which quotes more will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the solicitor conducting your transaction
I am currently in the process of buying my council flat. I have a mortgage offer with Barclays - Woolwich. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event if you are getting a mortgage with Barclays - Woolwich you will need to appoint a solicitor on the Barclays - Woolwich conveyancing panel.