Find an Approved Solicitor on the State Bank of India UK
Frequently asked questions relating to the State Bank of India UK Conveyancing Panel
I am obtaining a offer of a mortgage from State Bank of India UK. my intention is to enlist the help of a Licensed Conveyancer. Does the State Bank of India UK Solicitor panel include conveyancers regulated by the CLC
State Bank of India UK’s approved solicitor list is, like many other lenders represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
I am purchasing a newly built apartment and my conveyancer is telling me that she is duty bound to disclose incentives from the builder as her practice is on the State Bank of India UK conveyancing panel. I am nearing the developer’s deadline to exchange and I have no desire to delay deal. is my lawyer taking the correct approach?
You should not exchange unless you have advised to do so by your lawyer. A precondition to being on the State Bank of India UK approved panel is to comply with the CML Handbook requirements (last updated for this lender on State Bank of India UK). The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
I am buying a house and need a conveyancing solicitor in who is on the State Bank of India UK approved. Could you point me in the right direction as regards a firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for State Bank of India UK . We don’t recommend any particular firm.
My solicitors in Liverpool have advised me that they can not locate my conveyancing file. To assist with my purchase I took out a mortgage with State Bank of India UK. Is it case that being on the State Bank of India UK conveyancing panel they need to have retained the file for a number of years?
Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the State Bank of India UK Conveyancing Panel Terms. It might be worth you contacting State Bank of India UK directly.
We have a mortgage agreed in principle with State Bank of India UK. Solicitors have been instructed? How long does it take for State Bank of India UK to send the offer to our conveyancer
There is no definitive answer here. Have State Bank of India UK done the valuation? Have you advised State Bank of India UK as your lawyers details and checked that your lawyer is on the State Bank of India UK conveyancing panel? sometimes it can take as long as six weeks for a mortgage offer to be issued
I have paid off my mortgage with State Bank of India UK. I assume I don't need a solicitor on the State Bank of India UK panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your State Bank of India UK mortgage they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the State Bank of India UK mortgage from the register. State Bank of India UK,and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
but are not moving to another property
where the State Bank of India UK has sent the Land Registry the discharge electronically, and
the State Bank of India UK has instructed the Land Registry to do so
The Land Registry will send you a letter confirming that your State Bank of India UK mortgage has been paid off.
Intending to buy a house with a mortgage with State Bank of India UK. I have received an online quote from a licensed conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the State Bank of India UK conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that they are on the State Bank of India UK conveyancing panel
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