Find a Law Firm
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
Sainsburys Bank Conveyancing Panel Sample Enquires to our Call Center
For what reasons would a law firm be excluded from the Sainsburys Bank solicitor panel?
A survey recently commissioned by the Solicitors Regulatory Authority found that three quarters of solicitor practices had been removed from a lender panel. The top reasons in order are :
- Low volume of transactions
- the lawyer is a sole practitioner
- as part of the HSBC panel reduction
- regulatory contact by SRA
- accidental removal. We are not aware of the specific or common criteria for removal by Sainsburys Bank
Our property lawyer has informed me that he requires identification documents asserting that this is part of his retainer as a conveyancer on the Sainsburys Bank Conveyancing panel. Can you confirm whether this is the case?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing business. The Terms and Conditions that you need to sign will no doubt confirm this. Your lawyer is right that Sainsburys Bank also require certain documents to be viewed. If a you refuse to provide ID verification documents, your conveyancer would not be able to accept instructions from you. Your lawyer also has obligations to obtain certain documents in accordance with Sainsburys Bank CML Handbook requirements last updated on Sainsburys Bank
I am Googling for online conveyancing estimates. Can I be confident that all the firms that are listed on your website are on the Sainsburys Bank conveyancing panel?
The solicitor and licensed conveyancing practices listed on our site have assured us via an online form 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 mortgage company or a member of the public that the data about a specific firm being on the Sainsburys Bank conveyancing panel is not accurate.
We're in Liverpool, FTBs purchasing with a mortgage (lender is Sainsburys Bank , but our solicitor is on the Sainsburys Bank conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Sainsburys Bank conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a time-frame for your conveyancing due to third parties outside of our control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain
I have agreed a price on a house I spoke to a conveyancer previously used by my dad and he suggested using a property lawyers approved by Sainsburys Bank. The estate agent recommended two local firms so I asked Sainsburys Bank if the 2 suggested solicitors are approved, which they are not. Sainsburys Bank pointed out that either practice can fill out the appropriate forms to become approved. Do I (1) save myself the aggravation and use one of Sainsburys Bank 's conveyancing panel solicitors (2) Use the local solicitor and accept there may be delays etc as they go through the approval process.
Enquire of Sainsburys Bank to suggest a law firm in your location. Lenders have them all over the country. You can also use our search tool at the top of this page to search for a lawyer on the Sainsburys Bank conveyancing panel based on location. If you particularly like the sound of one of the local lawyers that you have spoken to ask them if they would go onto Sainsburys Bank conveyancing panel as it may only take about 2-3 weeks. As long as they meet Sainsburys Bank’s requirements it can be a very simple job for the solicitor. Other stuff will be going on in parallel (as you are at an early stage) so it may not delay matters.
I recently had an offer accepted on an apartment. My mortgage broker recommended their conveyancers I paid an upfront payment of 150. Soon after the conveyancers contacted me sheepishly admitting that they were not on the Sainsburys Bank conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Sainsburys Bank panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
My offer on house has been accepted, but there is a chain. The vendors have offered on somewhere, but not been accepted yet, and have viewings of other properties booked. My conveyancing solicitor has been instructed. What should be my next step? When should I get the mortgage app going with Sainsburys Bank?
It is usual to have concerns where there is a chain as you are unlikely to want to be too out of pocket too early (mortgage application is approx £1k, then survey/valuation, conveyancing search costs, etc). First you should check that your solicitor is on the Sainsburys Bank conveyancing panel. As to the next stages this very much depends on the circumstances of your case, desire for this property and on the state of the market. In a hot mortgage some buyers would pally for the mortgage with Sainsburys Bank and pay for the valuation and only if it comes back ok would they pay their solicitor to press on with searches.
Other Topics
Transfer of Equity for Sainsburys BankPlease note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors