Saffron Building Society Conveyancing Lender Panel Compliance Tool

COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. Supported by the Council of Mortgage Lenders and professional indemnity insures. It is a unique risk mitigation tool.

This system optimises the way you can prove to lender panels that you are, and can remain fully compliant with their instructions, with automatic updates on Saffron Building Society’s changes. Notwithstanding that utilising this technology is not a condition for acceptance on the Saffron Building Society panel, demonstrating you can stay up to date with Saffron Building Society’s Handbook requirements is an excellent support to your panel application and, more importantly, safeguard your panel status.

The software generates real-time alerts, automatically produces regulatory and CQS reports, and will enhance your firm's efficiency. It is also simply to use, cost-effective and, for some firms, results in a PII saving.

Find a Law Firm approved by Saffron Building Society

Lenders often vary their requirements. The UK Finance Lenders’ Handbook requirements from Saffron Building Society are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently:

A Timeline of Policy Changes


Since 2008, Saffron Building Society has made 139 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 19.6 days. In total, 58% of the sections of P2 of the UK Finance Lenders’ Handbook for Saffron Building Society have been changed since 15/12/2008.

To find out more about lender panel compliance,

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Saffron Building Society Conveyancing Panel : Questions and Answers from members of the public

My Solicitor is not listed on the Saffron Building Society Conveyancing Panel. Is it possible for me to retain my family solicitor even though they are not on the Saffron Building Society panel?
You have a number of options available to you here:
  1. Carry on with your existing lawyers but Saffron Building Society will need to instruct a lawyer on the Saffron Building Society conveyancing panel. This will result in additional cost and potential delay.
  2. Get a new solicitor to act in the purchase, obviously checking they are on the Saffron Building Society conveyancing panel.
  3. Urge your lawyer to apply to join the Saffron Building Society lender panel
We are approaching an exchange and my parents having transferred the 10% deposit to my lawyer. I am now advised that as the deposit has not come from me my lawyer needs to make a notification to my lender Saffron Building Society. I am advised that, being on the Saffron Building Society conveyancing panel and acting on their behalf he must inform Saffron Building Society if the balance of the mortgage advance is coming from anyone other than me. I advised the bank about my parent’s contribution when I applied for the home loan so is it really necessary for this now to be an issue?
Your lawyer is obliged to check with Saffron Building Society to make sure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only report this to Saffron Building Society if you agree, failing which, your lawyer must cease to continue acting.
Whilst your website is a good idea there are many lawyers listed near Middlesbrough 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. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..
I would like to get my former partner taken off the mortgage deeds. Can Saffron Building Society really insist on which solicitor I can or can not instruct?
You can use any solicitor you like but Saffron Building Society 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 Saffron Building Society solicitors panel
Hi, thinking about buying a house off my mate. Once we agree a price, what’s the best way to proceed? I hope to get 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.
We expect to receive a DIP from Saffron Building Society this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc).Do the Saffron Building Society recommend a solicitor on the Saffron Building Society conveyancing panel, or is it better to go independently
You will need to appoint solicitors independently although you'll need to choose one on the Saffron Building Society conveyancing panel. The solicitor represents both you and the Saffron Building Society through the process.
Saffron Building Society 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 Saffron Building Society or your broker and complete any relevant paperwork. Saffron Building Society will tell you what documents they want. Saffron Building Society 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. Saffron Building Society 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.