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Saffron Building Society Conveyancing Lender Panel Compliance Tool

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COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. Supported by the CML and PI insurers. It is a unique risk mitigation tool.

This software is the only way you can prove to lender panels that you are, and can stay fully compliant with their instructions, with alerts on Saffron Building Society’s changes. While using the software is not a prerequisite for Saffron Building Society , demonstrating you can remain up to date with Saffron Building Society’s Handbook requirements is a helpful support to your panel application and, just as importantly, safeguard your firm’s panel status.

COMPLETIONmonitor creates real-time alerts, automatically produces regulatory and CQS reports, and will enhance your firm's efficiency. In addition it is simply to use, cost-effective and, for some firms, leads to a PII saving.

Find a Law Firm approved by Saffron Building Society

Banks and building societies often change 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 225 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 12.1 days. In total, 61% of the sections of P2 of the UK Finance Lenders’ Handbook for Saffron Building Society have been changed since 15/12/2008.

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Examples of recent questions relating to the Saffron Building Society Solicitor Panel from members of the public

I have been advised by my broker that I have to pay Saffron Building Society fees if I use my own solicitor. How good are the Saffron Building Society conveyancing panel solicitors? I'm happy to use any solicitor in the country TBH provided that they are good and not exorbitantly priced. Would you recommend a specific law firm on the Saffron Building Society panel?
Saffron Building Society’s conveyancing panel is substantial so it would be advisable to check with the firms you are getting quotes from whether they are on it. You can search by postcode on the search tool on this site to find solicitors that Saffron Building Society will allow to act for them.
Please help. My conveyancer is advising me that he has to order a Local Authority search stemming from the fact that the firm are on the Saffron Building Society conveyancing panel. Is my lawyer correct?
Unfortunately both you and your lawyer have little choice here. Given that you are taking out a loan with Saffron Building Society 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 Saffron Building Society’s conveyancing panel appointment which obliges them to follow the CML Handbook requirements last updated Saffron Building Society. even if you were a cash buyer you would be ill advised not to carry out a local authority search.
Are the lawyers identified as being on the Saffron Building Society conveyancing panel, together with their details provided by Saffron Building Society?
The law firm practices themselves provide us confirmation that they are on the Saffron Building Society conveyancing panel as opposed to being supplied with a list from Saffron Building Society directly.
We're in Liverpool, FTBs buying with a mortgage (lender is Saffron Building Society , but our solicitor is on the Saffron Building Society conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Saffron Building Society 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
Is it the case that all conveyancing solicitors on the Saffron Building Society conveyancing panel work on a no move no charge basis?
There is generally no requirements by lenders for their firms to operate on a no-sale-no-fee basis. There a small number of lenders who operate a very restricted conveyancing panel managed by a third party company (often termed in the industry as a ‘gatekeeper’). That third party may impose certain conditions such as non-sale-no fee on the panel firms. If you require this as a condition of your conveyancing then you should check with the conveyancing firm that this is part of their package
My wife and I have arranged a further advance on our mortgage from Saffron Building Society as we wish to carry out a loft conversion to our home. Do we need to appoint a solicitor on the Saffron Building Society conveyancing panel to deal with the paperwork?
Saffron Building Society would not normally 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 list
It is not clear whether my mortgage offer requires a lease extension . I have called Saffron Building Society on various occasions and was told they are content with the situation and they would lend. My solicitor - who is on the Saffron Building Society conveyancing panel- telephoned and was told not they would not lend in accordance with their CML Handbook minimum lease term requirements. Who do I believe?
Your lawyer has to follow the CML Handbook Part 2 requirements for Saffron Building Society. Unless your lawyer obtains specific confirmation in writing that Saffron Building Society will go ahead your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask Saffron Building Society to contact your lawyer in writing confirming that they will accept the remaining number of years left on the lease.

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