What makes you think its a lambda sensor problem ?
no idea really, was easy to get to
Did you have the fault codes read out ?
err take it i need some sort of equipment, so nope
As the dash light is on, I suspect it is another sensor problem.
Dont guess, get the codes read and save yourself time and effort
replacing parts you probally wont need
just trying basic stuff, with limited knowledge before the other half takes it to fords in the morning