Examples of recent questions relating to the Saffron Building Society Solicitor Panel
from members of the public
I am getting a offer of a mortgage from Saffron Building Society. my intention is to employ the services of a Licensed Conveyancer. Does the Saffron Building Society Solicitor panel exclude conveyancers regulated by the CLC
Saffron Building Society’s conveyancing panel is, like many other lenders associated to the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
We are due to exchange on the purchase a house but as a result of damage from the recent storms I have agreed compensation from the seller of £3k approx by way of a reduction in the price. This was going to be dealt with as part of the conveyancing process but my mortgage company Saffron Building Society will not agree to this. Why was Saffron Building Society even consulted?
Your lawyer being on the Saffron Building Society conveyancing panel is duty bound to inform Saffron Building Society of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to Saffron Building Society then they would have to discontinue acting for you and Saffron Building Society.
Your search tool is useful but there are many lawyers listed near Newcastle on the Saffron Building Society conveyancing panel. Can you recommend a specific firm on the conveyancing panel for Saffron Building Society ?
We do not recommend specific firms 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..
I would like to get my former partner removed 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
My wife and I have arranged a further advance on our mortgage from Saffron Building Society as we wish to carry out alterations or improvements our home. Do we need to appoint a solicitor on the Saffron Building Society conveyancing panel to deal with the paperwork?
Saffron Building Society do not ordinarily appoint a member of their conveyancing panel to deal with such a matter. If they did require any legal work then you would need to ensure that such a lawyer was on the Saffron Building Society panel
Planning on purchasing a flat with a mortgage with Saffron Building Society. I have received an online quote from a licensed conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Saffron Building Society conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that they are on the Saffron Building Society conveyancing panel
My ex -wife’s name is on the Saffron Building Society mortgage of my property but not on the land registry. The apartment was transferred to me on our divorce many years ago by way of a sealed court order. Does my ex still have a say on the sale even though the land registry showing the property in my name alone? Will I be required to take her name of the Saffron Building Society mortgage in order to sell?
As regards the Saffron Building Society mortgage, it is unusual that your ex-wife’s name remains on the mortgage but not on the title. It is conceivable that this is an oversight on the part of your conveyancers to ensure that her name was removed or even an administrative error on the part of Saffron Building Society in failing to update their data. In any event, it should cause difficulty providing her name no longer appears on the Land Registry title and you have a court order ordering that the property is transferred to you.