Looking for information about your firm's panel status?
Barclays plc Solicitor Panel: Recently Asked Questions
Is it probable that
Barclays plc
will appoint an alternative solicitor on the
Barclays plc
conveyancing panel for a further advance during the lifetime of a mortgage?
Paragraph 16.2.1 of the UK Finance Lenders’ Handbook applicable to a solicitor on the
Barclays plc
conveyancing panel reads ‘Our mortgage secures further advances. Consequently, when a further advance is required for alterations or improvements to the property we will not normally instruct a member of our conveyancing panel but if you are instructed the appropriate provisions of this Handbook will apply’.
An established client of mine is purchasing a detached house for £700,000 in Leeds with a mortgage over GBP 500k.
I am on the
Barclays plc conveyancing panel but do Barclays plc have a separate approved panel when a mortgage is above 350k?
We only know of a couple of lenders that operate a distinct approved solicitors panel where the mortgage advance is over a certain threshold.
You should nevertheless check directly with
Barclays plc. At one stage HSBC would only allow Sole
practitioners to act for them where the mortgage was below
£150,000. We are not sure if HSBC still operate such a condition. In
your case it is best to check with Barclays plc
My conveyancing assistant has resigned unexpectedly.
I urgently need to prioritise making sure that charges are registered. That said, how quickly do I need to send deeds to
Barclays plc once the charge is registered before my firm runs the risk of being suspended off the conveyancing panel for Barclays plc?
Barclays plc will likely expect the deeds to be sent to them within 10 days of you receiving the TID (unless their specific P2 requirements specifically state that they you are not to send them anything). Most COTs refer to complying with the Certificate of Title referred to in IB (3.7) of the SRA Code of Conduct 2011, published by the Law Society which states that you ‘will despatch to you such deeds and documents relating to the Property as you require with a list of them in the form prescribed by you within ten working days of receipt by us of the title information document from the Land Registry’ As to whether the lender will suspend your panel status this very much varies according to the lender’s own internal policies The more cases you have the more risk you face. Some lenders may take action if there records show that the deeds are outstanding for more than 3 matters. The fact is that if you keep within the time frame then you will have more chance of remaining on the
Barclays plc conveyancing panel.
Should Conveyancing Quality Scheme membership guarantee my firm’s acceptance on to lenders conveyancing panels?
CQS membership gives no guarantee to lender panel acceptance. Nevertheless the CML have indicated that it is likely to become a prerequisite for firms wishing to remain on their approved list of firms. Some Lenders now use CQS as the starting point for Panel approval such as Astra Mortgages.
Our practice is on the
Barclays plc
conveyancing panel and all set to complete a purchase shortly. My file does not contain a Legal Charge for the client to execute.
Who do I contact at Barclays plc to obtain duplicate documents?
You need to get in touch with Barclays plc
to obtain standard documents. The The Council of Mortgage Lenders Handbook includes an explicit section for lenders to cite who to contact to obtain standard documents.
Barclays plc in their Part 2’s state:
You will need to quote your Barclays plc solicitors panel reference.
Find a Lawyer on the Barclays plc Solicitor Panel
powered by LenderPanel
Average number of days to register title including a charge in favour of Barclays plc
This information relates to purchase only and not remortgages.
| Year | Days* |
|---|---|
| 2024 | [no data] |
| 2023 | [no data] |
| 2022 | [no data] |
| 2021 | [no data] |
| 2020 | [no data] |
| 2019 | [no data] |
* Data aggregated from sources including COMPLETIONmonitor
Other related topics:
- CQS policy templates and procedures for accredited Barclays plc Firms
- Draft Report on Title precedent for Barclays plc borrowers
- Draft Anti Money Laundering PolicyTemplate for Barclays plc panel firms to consider
- Dealing with Lender Policy Template panel for CQS accredited firms on the Barclays plc lender panel
- Buy-to-Let help for Barclays plc
- Consent-to-Let help for Barclays plc
- Contractor Mortgages with Barclays plc
