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Saffron Building Society Conveyancing Lender Panel Compliance Tool

Looking for information about your firm's panel status?

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How can my firm apply to be on the Saffron Building Society Conveyancing Panel?
Check your firm’s panel Status
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How can my firm be reinstated onto the Saffron Building Society Conveyancing Panel?
Check your firm’s panel Status

Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. It is supported by professional indemnity insurers. It is a unique risk management tool.

This system facilitates the way you can prove to lender panels that you are, and can remain fully compliant with their requirements, with automatic updates on Saffron Building Society’s changes. Even though utilising the software is not a condition for being on the Saffron Building Society panel, demonstrating you can remain up to date with Saffron Building Society’s Handbook requirements is a helpful support to your application to their lender panel and, more importantly, protect your firm’s panel status.

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

Find a Law Firm approved by Saffron Building Society

Lenders frequently 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 270 revisions or additions to sections of their version of the UK Finance Handbook.
That equates to a section change every 10.1 days. In total, 63% 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 Sample Enquires to our Call Center from members of the public

How easy is it to change a solicitor as I need to find one who is on the Saffron Building Society conveyancing panel. Is it practical to instruct different lawyers?
If you haven't yet instructed a solicitor to do anything for you and have just received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer you're considering.
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.
I am searching for online conveyancing estimates. Can I be assured that all the law firms that are listed on your website are on the Saffron Building Society conveyancing panel?
The law firms listed on our site have assured us via an online form that they are on the Saffron Building Society panel and agreed to advise us to take down their listing in the event of removal off of the Saffron Building Society panel. To date we have not been informed by either a bank or a member of the public that the data about a specific firm being on the Saffron Building Society conveyancing panel is not accurate.
My lawyers in Leeds have advised me that they can not locate my conveyancing file. At the time of my purchase I took out a mortgage with Saffron Building Society. Is it case that being on the Saffron Building Society conveyancing panel they need to have retained the file for a prescribed period?
It very much depends from lender to lender but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the Saffron Building Society Conveyancing Panel Terms. It might be worth you contacting Saffron Building Society directly.
We have had an offer accepted on a flat I spoke to a conveyancer recommended by my mum and he advised instructing a law firm approved by Saffron Building Society. The estate agent recommended two local firms so I asked Saffron Building Society if the 2 suggested solicitors are approved, which they are not. Saffron Building Society pointed out that either firm can fill out the appropriate forms to become approved. Do I (1) save myself the aggravation and use one of Saffron Building Society '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 Saffron Building Society to suggest a law firm in your location. Most banks have lawyers on their panel throughout the UK. You can also use our search tool at the top of this page to search for a lawyer on the Saffron Building Society 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 Saffron Building Society conveyancing panel as it may only take about 2-3 weeks. As long as they meet Saffron Building Society’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 currently have a mortgage with with Saffron Building Society. Conveyancing was finalised some time ago. In the event that I decide to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Saffron Building Society?
Saffron Building Society must be informed of your intention prior to renting your property as this is likely to be a breach of Saffron Building Society’s mortgage conditions. It may be that Saffron Building Society will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Saffron Building Society directly. You need not do this via a Saffron Building Society conveyancing panel solicitor.
Me and my partner are buying a house in Hendon. Conveyancing solicitors in Hendon are about to begiven the go-ahead. My brother-in-lawsuggested that we make sure that the conveyancer in Hendon is on the Saffron Building Society list of approved conveyancing firms. Aren't all lawyers on the Saffron Building Society panel?
Far from all Hendon conveyancing practices are on the Saffron Building Society conveyancing panel. Click here to locate a Hendon conveyancing practitioner on the on the Saffron Building Society solicitors pane.

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