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approved by Sainsburys

Ready to buy a new home? Failing to check that a lawyer is on the Sainsburys list of approved solicitors can put your transaction at risk of delay or failure.

Find an Approved Solicitor on the Sainsburys Bank Conveyancing Panel

FAQs : The Sainsburys Bank Conveyancing Panel

I am expecting a mortgage with Sainsburys Bank. my intention is to instruct a Licensed Conveyancer. Does the Sainsburys Bank Conveyancing panel allow for conveyancers regulated by the CLC
Sainsburys Bank’s approved solicitor list is, like many other lenders associated to the Council or Mortgage Lenders or BSA, 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 Sainsburys Bank will not agree to this. Why was Sainsburys Bank even consulted?
Your lawyer being on the Sainsburys Bank conveyancing panel is duty bound to inform Sainsburys Bank of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to Sainsburys Bank then they would have to discontinue acting for you and Sainsburys Bank.
What tools are available to find a local solicitor on the Sainsburys Bank conveyancing panel? I have a car and am prepared to travel up to 20 kilometers to meet the conveyancer.
Feel free to make use of the find a conveyancing panel search on this website. Please choose the lender and your location and you will see a number of lawyer located nearest you. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the Sainsburys Bank solicitor panel.
I was scheduled to complete on my first house last Friday. My lawyer’s firm is on the Sainsburys Bank solicitors panel but has moved offices 8 weeks ago and had not advised Sainsburys Bank of their new address. Sainsburys Bank has locked down the release of mortgage funds until such time as their systems are up to date with the correct details.
This is a rare situation indeed. Most lender Terms of Conveyancing Panel Appointment specifically oblige the solicitor to inform the lender of an address change. Your solicitor needs to treat this with the utmost urgency. Do speak with or register your concern with the senior partner (assuming he or she is not your direct lawyer). Most lenders would be reasonable in this situation and expedite the resolution of this issue. It may be prudent to enlist the help of your local Sainsburys Bank branch or your mortgage broker to see if they can help.
When it comes to lenders such as Sainsburys Bank do lawyers have to be pay a fee to be on the conveyancing panel?
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 there a list of Sainsburys Bank panel conveyancers on the Council of Mortgage Lender’s Website?
No. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. Very few lenders make their panel listings available online.
I was thinking of purchasing my friend’s property. Assuming we can agree a figure, what’s the best way to move forward? I hope to get a mortgage with Sainsburys Bank. Is it possible to avoid using solicitors to save us both money? My father said that years ago it was possible to take the documents into the local Land Registry office and they did the rest
If you are getting a mortgage with Sainsburys Bank involved you will need to appoint a solicitor on the Sainsburys Bank 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 Sainsburys Bank. Feel free to use our search tool to look for a licensed conveyancer or solicitor on the Sainsburys Bank conveyancing panel.