Why do Barclays have a panel for conveyancing solicitors?
Barclays only work with a select panel of conveyancing solicitors and regularly review the standard of the solicitors whom they work with. You don’t have to use a conveyancing solicitor found on Barclays panel, and you might decide to go with the firm you’ve used for many years. The advantage of using a solicitors firm on Barclay’s panel, like MG Legal is obvious when you consider that we are trusted by Barclays, accept instruction from clients buying a property with a mortgage from Barclays on a daily basis, and, let’s be honest, if you don’t choose a firm on Barclays panel, Barclays will need to instruct their own legal representative to act on their behalf, leaving you to pick up the bill.
Choose a solicitor on Barclays Panel
You’ve just looked around the house of your dreams. The seller is keen for you to make an offer, and so are you. You immediately start comparing mortgage rates, seeing how much you can borrow. And you become fully aware that you’re going to need a good conveyancing solicitor.
The difficulty is that people who are buying and selling their homes often don’t know from the outset about the existence of lender panels, and sometimes, the solicitor recommended by the estate agent, for which the estate agent often receives a sum of money, by the way, are not the most suitable conveyancing solicitor for you, and they are not on your chosen lender’s trusted panel.
Well, MG Legal, your local conveyancing solicitor, are on Barclays panel of solicitors. Our conveyancing solicitors accept instructions from clients nationwide. As long as your photo I.D. is verified at the post office, and we are sure of whom we are dealing with, if you live anywhere in England and Wales, we can act for you. We often act for clients in London, and as close to the Scottish border as you can get.
What happens if my solicitor is not on my lenders panel?
If your chosen solicitor is not on the lender's panel, your lender will need to instruct another law firm who is, to carry out the legal enquiries on the lender's behalf. MG Legal have held the Conveyancing Quality Scheme Accreditation for 10 years, and are trusted conveyancing solicitors, on Barclays panel.