State Bank of India UK Conveyancing Panel Information

Each lender has different criteria. We do not hold specific requirements relating to the questions raised as part of the application to be on the State Bank of India UK conveyancing panel. Typically lenders need to have full knowledge of a firm including (but not limited to):

top-up split and history of any refusals

Structure of firm and, where applicable, its group

Charge registration history

Full complaints history for each licensed conveyancer

Number of lender conveyancing panels the firm is currently on

List of all solicitors within firm

List of fee-earners who are foreign qualified

Areas of Law covered by the firm

Whether the firm is able to operate in other jurisdictions

Full disciplinary history for each conveyancing solicitor

Most lenders do not operate a specific buy to let conveyancing panel but we are hearing about a few that do. We do not know what the position is with State Bank of India UK as at todays date. If you're about to receive instructions from a client on a buy to let purchase with a mortgage from State Bank of India UK we suggest that you call State Bank of India UK to check the position.

The key here is the caveat ‘more onerous’. You have to try and take an objective view as to whether the Terms relating to the State Bank of India UK conveyancing appointment (or other terms for other lenders) are ‘more onerous’ than the UK Finance Lenders’ Handbook Conditions. Depending on the Terms you may need to provide details on your renewal form. If you are in any doubt please call your broker to discuss before completing the answer.

For most lenders participation on the lender's panel of conveyancers is at the absolute discretion of the the lender. Many lenders reserve the right to accept or reject any application without giving any reason. You should check your original application to join the State Bank of India UK conveyancing panel to see if you are entitled to a reason.

CQS membership is no guarantee to lender panel acceptance. Nevertheless the Council of Mortgage Lenders have indicated that it is likely to become a prerequisite for firms wishing to join their panels. Some mortgage companies now use the Conveyancing Quality Scheme accreditation as the starting point for Panel membership such as Astra Mortgages.

You need to get in touch with State Bank of India UK to obtain standard documents. The CML Handbook incorporates an individual question for banks to cite who to contact to obtain standard documents. State Bank of India UK in their Part 2’s state: You will need to quote your State Bank of India UK solicitors panel number.