Examples of recent questions relating to the Sainsburys Bank Conveyancing Panel from members of the public
My financial adviser has informed me that I have to pay Sainsburys Bank fees should I instruct my family lawyer. How efficient are the Sainsburys Bank conveyancing panel solicitors? I'm happy to use any solicitor in the country TBH as long as they're good and reasonably priced. Would you recommend a specific law firm on the Sainsburys Bank panel?
Sainsburys Bank’s conveyancing panel is pretty large so it would be advisable to check with the firms you are getting quotes from that they are on the panel. You can search by postcode on the search tool on this site to find solicitors that Sainsburys Bank will allow to act for them.
We are only a couple days away from an exchange and my parents having sent 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 Sainsburys Bank. Apparently, being on the Sainsburys Bank conveyancing panel and acting on their behalf he must inform Sainsburys Bank if the balance of the mortgage advance is coming from anyone other than me. I disclosed to the bank about my parent’s contribution when I applied for the home loan so is it really necessary for him to raise this?
Your lawyer is obliged to check with Sainsburys Bank 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 Sainsburys Bank if you agree, failing which, your lawyer must cease to continue acting.
Do I need to have a meeting at the offices of the Sainsburys Bank conveyancing panel solicitor to execute the mortgage deed? If so, I will choose one who does conveyancing in Manchester
so that I can attend their offices if required.
Most conveyancing panel lawyers for Sainsburys Bank undertake all of the work via the post, internet or over the phone. This means that they can undertake your Conveyancing Transaction no matter where you live in England or Wales. However you should check if you can still book an appointment to go into appointed conveyancing lawyer if you prefer.
We're in London, First time buyers 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
When it comes to lenders such as Sainsburys Bank do solicitors have to be pay a fee to be on the list of approved solicitors?
We are not aware of any lender fees to be on their panel although some do charge an administration charge to deal with the processing of the conveyancing panel application.
Is it the case that all conveyancing lawyers on the Sainsburys Bank conveyancing panel work on a no move no charge basis?
On the whole there are 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
Can I register a complaint to Sainsburys Bank about the lawyers being on the Sainsburys Bank conveyancing panel?
Complaining to Sainsburys Bank about their conveyancing panel is unlikely to yield much of a response. All solicitors and conveyancer must have a complaints procedure. You can get information from the solicitor’s or conveyancer’s website or ask at their office. They must tell you about it if you ask.
The Legal Ombudsman will make sure that your complaint is properly dealt with by the solicitor. It can also advise you how to complain.
If a licensed conveyancer does not have a complaints procedure or will not tell you about it, contact the Council for Licensed Conveyancers (CLC), which will make sure that your complaint is properly dealt with by the conveyancer. Please see below for more information.