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approved by Sainsburys
Ready to buy a new home? Failing to check that a lawyer is on the Sainsburys list of approved solicitors can put your transaction at risk of delay or failure.
Looking for information about your firm's panel status?How does my firm apply to be on the Sainsburys Bank Conveyancing Panel? How can my firm be reinstated onto the Sainsburys Bank Conveyancing Panel?
Find an Approved Solicitor on the Sainsburys Bank Conveyancing Panel
Examples of recent questions relating to the Sainsburys Bank Solicitor Panel
My Solicitor is not listed on the Sainsburys Bank Approved Panel. Is it possible for me to retain my family solicitor notwithstanding that they are excluded from the Sainsburys Bank approved list?
The most common options here are as follows:
- Complete the purchase with your preferred solicitors but Sainsburys Bank will need to instruct a lawyer on the Sainsburys Bank conveyancing panel. This will result in additional cost and potential delay.
- Get a new solicitor to act in the purchase, obviously checking they are on the Sainsburys Bank conveyancing panel.
- Urge your lawyer to apply to join the Sainsburys Bank lender panel
I do hope you can help me. My conveyancer is informing me me that he has to conduct a Local Authority search stemming from the fact that the firm are on the Sainsburys Bank conveyancing panel. Is my lawyer correct?
You have limited options available to you. Given that you are taking out a loan with Sainsburys Bank your lawyer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your lawyer would have previously signed the Terms and Conditions of Sainsburys Bank’s conveyancing panel appointment which obliges them to follow the CML Handbook requirements last updated Sainsburys Bank. even if you were a cash buyer you would be ill advised not to carry out a local authority search.
I am searching for competitive conveyancing fees. Can I be confident that all the firms that are listed on your website are on the Sainsburys Bank conveyancing panel?
The law firms listed on our site have advised us that they are on the Sainsburys Bank panel and agreed to advise us to take down their listing in the event of removal off of the Sainsburys Bank panel. To date we have not been informed by either a lender or a member of the public that the data about a specific firm being on the Sainsburys Bank conveyancing panel is incorrect.
I am trying to get my former partner taken off the mortgage deeds. Can Sainsburys Bank really tell me which solicitor I can or can not instruct?
You can use any solicitor you like but Sainsburys Bank then has the right to appoint a different solicitor to act for them at your expense. It might be more cost effective and quicker to instruct a lawyer who is on the Sainsburys Bank solicitors panel
Can I be sure that the solicitor on the Sainsburys Bank panel is any good?
seeking 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 suggest that you speak with the solicitor handling your conveyancing
For 5 years I had a mortgage with Sainsburys Bank. My father retired last week and wants to pay off the mortgage left on the property. After Sainsburys Bank is paid, I want to transfer the property to my mother's name; How long does the process take? Do we need two separate solicitors on the Sainsburys Bank conveyancing panel? I do not intend to live at the property once the Sainsburys Bank mortgage is discharged.
You will need a solicitor but they need not be on the Sainsburys Bank conveyancing panel. You will need a solicitor to draw up the transfer and to deal with the Land Registry formalities. The only thing you need to consider is that by selling at an undervalue so ask your lawyer about the implications. There could be an inheritance tax issue if you die within 7 years of this. As the property is your main residence you need not pay CGT but you should speak with your accountants in any event.
Sainsburys Bank have agreed my mortgage in principle, my offer on house has been accepted, now what?
The estate agent will want to know who your solicitors are (make sure these solicitors are on the lenders panel). Call up Sainsburys Bank or your broker and complete any relevant paperwork. Sainsburys Bank will tell you what documents they want. Sainsburys Bank will instruct a valuer. The valuer will get in touch with the estate agent or seller to book an appointment. Once conducted (assuming no problems) it takes about week to get a mortgage offer. Sainsburys Bank will issue the offer to you and your lawyer. The transaction will then take it’s course according the nature and complexity of the conveyancing.
Other TopicsTransfer of Equity for Sainsburys Bank
Please note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors