Buy to Let - Saffron Building Society Conveyancing Requirements for Properties Let at Completion

Saffron Building Society conveyancing instructions are set out in Part 1 of the CML Handbook which provides that unless it is clear from the mortgage offer that the property is let or is to be let at completion then you must check with Saffron Building Society as to whether Saffron Building Society lend on "buy-to-let" premises and that the mortgage is for that purpose.

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Previously updated on 21/09/2023 Part 2 of the UK Finance Lenders’ Handbook for Saffron Building Society deals with who you need to contact If different from section 1.11, i.e the contact point if property is let or to be let. It also deals with whether Saffron Building Society lend on buy-to-let

Only report to us if it appears from the mortgage or instructions that we are not aware that the property is let or to be let
Mortgage Processing Team
Saffron Building Society, Saffron House, 1A. Market Street, Saffron Walden, Essex. CB10 1HX

Mortgage.processing@saffronbs.co.uk
Telephone 01799 582966
Fax 01799 581901

If the property, or part of it, is already let, or is to be let at completion, then the letting must comply with the details set out in the Saffron Building Society mortgage offer or any consent to let Saffron Building Society issue. If the letting does not comply, or no such details are mentioned, you must report the position to Saffron Building Society

Part 2 of the UK Finance Lenders’ Handbook for Saffron Building Society specifies who you need to contact If different from 1.11, i.e the contact point when you do not have details of current letting or letting to take place at completion:

Mortgage Processing Team
Saffron Building Society, Saffron House, 1A. Market Street, Saffron Walden, Essex. CB10 1HX

Mortgage.processing@saffronbs.co.uk
Telephone 01799 582966
Fax 01799 581901

Law firms on the Saffron Building Society solicitor panel,when it comes to buy to let properties need to check Part 2 of the UK Finance Lenders’ Handbook as to whether counterparts or certified copies of all tenancy agreements and leases in respect of existing tenancies must be sent to Saffron Building Society after completion

In addressing the question whether the lender requires a certified copy letting agreement to be sent Saffron Building Society specifically states:

No

The information contained within this webpage is for general information purposes only for lawyers in England and Wales, it does not constitute advice and you should always check the UK Finance Lenders’ Handbook for Saffron Building Society Buy to Let requirements as well as the mortgage offer. Whilst we endeavour to keep the information up to date and correct but does not make any representation or warranties of any kind about its completeness, accuracy, reliability or suitability. Any reliance you place on the information is strictly at your own risk. Lexsure will not be liable for any direct or indirect loss or damage arising out of or in connection with the use of this information. The same caveat applies to members of the public looking at this page. If you wish to find a buy to let conveyancing specialist on the Saffron Building Society panel or a buy to let mortgage broker click here.

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