Find a Law Firm
approved by Barclays - Woolwich
Ready to buy a new home? Failing to check that a lawyer is on the Barclays - Woolwich list of approved solicitors can put your transaction at risk of delay or failure.
Find an Approved Solicitor on the Barclays Bank as The Woolwich Conveyancing Panel
FAQs for the Barclays - Woolwich Solicitor Panel
I am progressing with the sale of my apartment and the estate agent has just called to advise that the purchasers are swapping conveyancer. The excuse is that Barclays - Woolwich will only work with property lawyers on their approved list. Why would a big named mortgage company only work with specific lawyers?
Lenders have always had panels of law firms they are willing to work with, but in the past few years big names such as Nationwide , have reviewed and reduced their conveyancing panel– in some cases removing conveyancing firms who have worked with them for more than 15 years.
Banks blame a rise in fraud by way of justification for the cull – criteria have been tightened and a smaller panel should be easier to keep an eye on. No lender will say how many solicitors have been dropped, claiming the information is commercially sensitive, but the Law Society says it is hearing daily from firms that have been removed from panels, or have other concerns about them. Some do not even realise they have been dropped until contacted by a borrower who has instructed them as might be the situation in your buyer’s case. Your purchasers are unlikely to have any sway in the decision.
We are approaching 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. 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 home loan 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.
Whilst your website is a good idea there are many lawyers listed near Coventry on the Barclays - Woolwich conveyancing panel. Can you recommend a specific firm on the conveyancing panel for Barclays - Woolwich ?
We are not in the business of recommending one firm above another as the right firm for you depends on where your priorities lie. For example you may require a local firm with local knowledge or you might be looking for the low cost conveyancing. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..
The firm that just started acting on my purchase in Manchester has suddenly closed. I only went with them because I needed a solicitor on the Barclays - Woolwich conveyancing panel and my previous lawyer was not. I gave them a cheque for £150 in advance. What should be my next steps?
Assuming that you have an Estate Agent in the equation then inform them immediately so that they advise the vendors that there may be a slight delay due to reasons beyond your control. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Barclays - Woolwich conveyancing panel and notify the lender. If you have paid over any money it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers should be in a position to assist
I previously instructed online solicitors located in London who are on the Barclays - Woolwich solicitor panel. They have just invoiced me a separate fee of £135 for the legal aspects of the Barclays - Woolwich mortgage. Is this a supplemental conveyancing fee specified by Barclays - Woolwich?
Unfortunately, as long as it is in their Terms and Conditions or Quote then yes your solicitors can charge a fee for this. This fee is not set by Barclays - Woolwich but by your lawyers. Some firms on the Barclays - Woolwich will charge an ‘acting for lender’ fee but plenty of firms include it on their overall fee.
My wife and I have arranged a further advance on our mortgage from Barclays - Woolwich as we wish to carry out alterations or improvements our home. Do we need to appoint a solicitor on the Barclays - Woolwich conveyancing panel to deal with the legals?
Barclays - Woolwich would not normally instruct firms on their approved list of lawyers to deal with such a matter. If they did require any legal work then you would need to ensure that such a lawyer was on the Barclays - Woolwich panel
My ex -wife’s name is on the Barclays - Woolwich mortgage of my property but not on the land registry. The apartment was transferred to me on our divorce many years ago by way of a sealed court order. Does my ex still have a say on the sale even though the land registry showing the property in my name alone? Will I be required to take her name of the Barclays - Woolwich mortgage in order to sell?
As regards the Barclays - Woolwich mortgage, it is unusual that your ex-wife’s name remains on the mortgage but not on the title. It is conceivable that this is an oversight on the part of your conveyancers to ensure that her name was removed or even an administrative error on the part of Barclays - Woolwich in failing to update their data. In any event, it should cause difficulty providing her name no longer appears on the Land Registry title and you have a court order ordering that the property is transferred to you.