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approved by Saffron BS
Ready to buy a new home? Failing to check that a lawyer is on the Saffron BS list of approved solicitors can put your transaction at risk of delay or failure.
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How does my firm apply to be on the Saffron Building Society Conveyancing Panel? How can my firm be reinstated onto the Saffron Building Society Conveyancing Panel?Find an Approved Solicitor on the Saffron Building Society Conveyancing Panel
Frequently asked questions relating to the Saffron Building Society Solicitor Panel
Much to my surprise I have been told by my broker that my property lawyer is not on the Saffron Building Society Conveyancing panel. How can I check?
You need to contact your conveyancer. You lawyer should advise you what has happened. If they are not on the panel they may recommend you to a firm that is on the the approved Saffron Building Society solicitor panel.
Can you clarify something for me?. For no fault of my lawyer but, my purchase conveyancing has been going on for months. The Local Authority Search from Saffron Building Society was dated random date and we have agreed a date for me to move into the property on 6. My lawyer has advised that as she is on the Saffron Building Society conveyancing panel she needs to redo the searches as they are now out of date.
One of the many conditions to being on the Saffron Building Society approved panel is to comply with the CML Handbook Part 2 obligations (last updated for this lender on Saffron Building Society)which specifies that a local authority search be not more than 6 months old. You should nevertheless ask your lawyer to check whether something called ‘search validation’ indemnity insurance is acceptable to Saffron Building Society.
Whilst your website is a good idea there are many lawyers listed near Newcastle on the Saffron Building Society conveyancing panel. Can you recommend a specific firm on the Saffron Building Society approved panel?
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. Before you appoint your lawyer we advise you to speak to two or three of the firms listed to gain comfort as to which one is right for you..
My lawyers in London have advised me that no longer have my conveyancing file. At the time of my purchase I took out a mortgage with Saffron Building Society. Is it case that being on the Saffron Building Society conveyancing panel they need to have retained the file for a number of years?
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 Saffron Building Society Conveyancing Panel Terms. It might be worth you contacting Saffron Building Society directly.
Can I be sure that the solicitor on the Saffron Building Society panel is any good?
obtaining recommendations is a good starting point. 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 carrying out your transaction
Hi, thinking about buying a house off my mate. Assuming we can agree a figure, what’s the best way to move forward? I plan to obtain a mortgage with Saffron Building Society. Is it possible to avoid using solicitors to save on the costs? My dad reckons back in the day he did a lot of it himself, just went into the land registry office and providing them with the info they needed himself
If you are getting a mortgage with Saffron Building Society involved you will need to appoint a solicitor on the Saffron Building Society conveyancing panel. We would not encourage you to both use the same solicitors' firm. There are clear conflict of interest issues and it's not going to make a huge difference to the speed of the overall process. So as not to hold things us you should pass on your solicitors details to Saffron Building Society. Feel free to use our search tool to look for a licensed conveyancer or solicitor on the Saffron Building Society conveyancing panel.
I have paid off my mortgage with Saffron Building Society. I assume I don't need a solicitor on the Saffron Building Society panel to remove the mortgage at the Land Registry. Please confirm
If you have finished paying off your Saffron Building Society mortgage they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Saffron Building Society mortgage from the register. Saffron Building Society,and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
but are not moving to another property
where the Saffron Building Society has sent the Land Registry the discharge electronically, and
the Saffron Building Society has instructed the Land Registry to do so
The Land Registry will send you a letter confirming that your Saffron Building Society mortgage has been paid off.