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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.

Find an Approved Solicitor on the Saffron Building Society Conveyancing Panel

Q and A’s regarding the Saffron Building Society Solicitor Panel

My fiance and I are purchasing a 2 bedroom flat in Newcastle with a mortgage from Saffron Building Society. We like our lawyer but Saffron Building Society says she’s not on their "panel". It seems we have little choice but to instruct one of the Saffron Building Society panel firms or keep our solicitor and pay for one of their panel ones to represent them. This seems very unfair; Can we not simply insist that Saffron Building Society use our lawyer?
Unfortunately,no. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the Saffron Building Society conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your solicitors to apply to be on the conveyancing panel for Saffron Building Society
My conveyancer has discovered a difference when comparing the surveyor’s assumptions in Saffron Building Society’s valuation report and what is revealed within the legal papers for the property. My solicitor has advised that as he is on the Saffron Building Society conveyancing panel he needs to check that the lender is OK with this discrepancy and is still content to lend. Is my conveyancer’s approach appropriate?
A precondition to being on the Saffron Building Society approved panel is to comply with the CML Handbook requirements (last updated for this lender on Saffron Building Society) which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
I am looking to buy a property and require a conveyancing solicitor in Birmingham who is on the Saffron Building Society solicitor. Can you recommend a local firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Saffron Building Society . We don’t recommend any particular firm.
The firm that just started acting on my purchase in Manchester has without warning shut down. I chose them because I had to have a solicitor on the Saffron Building Society conveyancing panel and my previous lawyer was not. I gave them a cheque for £150 in advance. What do I do now?
If you have an estate agent involved then let them know immediately so that they can let the sellers know that there may be a slight delay due to the problems encountered. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Saffron Building Society 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 may be able to assist
Last month we had a mortgage agreed in principle with Saffron Building Society. Solicitors have been appointed? How long does it take for Saffron Building Society to send the offer to our conveyancer
Some lenders take longer than others. Have Saffron Building Society done the survey? Have you advised Saffron Building Society as your lawyers details and checked that your lawyer is on the Saffron Building Society conveyancing panel? sometimes it can take as long as six weeks for a mortgage offer to be issued
My husband and I are at the point of viewing apartments and now considering a potential offer. Is it premature to have a solicitor in place? I I am planning to take a home loan with Saffron Building Society
You should start obtaining conveyancing quotes from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on the the EA. As you are getting a mortgage with Saffron Building Society , make sure you remember to check that your lawyer is on the Saffron Building Society conveyancing panel.
I am selling my apartment. I had a double glazing fitted in month 7 but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Saffron Building Society are being problematic. The solicitor who is on the Saffron Building Society conveyancing panel is recommending indemnity insurance as a solution but Saffron Building Society are requiring a building regulation certificate. Why do Saffron Building Society have a conveyancing panel of they don’t accept advice from them?
It is probably the case that Saffron Building Society have referred the matter to their valuer. The reason why Saffron Building Society may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing correctly and safely installed. It merely protects against enforcement action which is very unlikely anyway.