Find a Law Firm approved by State Bank of India UK

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

Find a Law Firm approved by State Bank of India UK
Find a Law Firm approved by State Bank of India UK

Find an Approved Solicitor on the State Bank of India UK Conveyancing Panel

Frequently asked questions relating to the State Bank of India UK Solicitor Panel

My partner and I are novices when it comes to buying a property. Within the last couple of days our lawyer has forwarded the sale agreement to sign with a detailed report in anticipation of exchanging contracts shortly. State Bank of India UK have this afternoon contacted us to advise us that they have now hit a problem as our solicitor is not on their approved list of lawyers. Is this a problem?
If you are buying a property with the assistance of a mortgage it is usual for the purchaser's solicitors to also act for the purchaser's lender.

In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your solicitors should contact State Bank of India UK and see if they can apply for membership of the State Bank of India UK conveyancing panel, but if that is not viable State Bank of India UK will instruct their own lawyers to represent them. You don't have to instruct a firm on the State Bank of India UK conveyancing panel and you may continue to use your own solicitors, in which case your legal fees may increase, and it will likely delay the transaction as you are adding another lawyer into the mix.

We are nearing an exchange and my mum and dad having transferred the 10% deposit to my lawyer. I am now advised that as the deposit has not come from me my lawyer needs to make a notification to my lender State Bank of India UK. Apparently, being on the State Bank of India UK conveyancing panel and acting on their behalf he must inform State Bank of India UK if the balance of the mortgage advance is not just from me. I advised the bank about my parent’s contribution when I applied for the home loan so is it really necessary for this now to be an issue?
Your lawyer is obliged to check with State Bank of India UK to make sure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only report this to State Bank of India UK if you agree, failing which, your lawyer must cease to continue acting.
I require the services of a State Bank of India UK panel solicitor in Inverness. Could you help me?
It is not clear why you need a State Bank of India UK panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to State Bank of India UK to find out which solicitors in State Bank of India UK are on their panel. If you do find such a firm not listed please direct them to our site to list. At a fee of one pound per month it is not expensive to register on the site
I am attempting to get my former partner removed the mortgage deeds. Can State Bank of India UK really tell me which solicitor I can or can not use?
You can use any solicitor you like but State Bank of India UK then has the right to appoint a different solicitor to act for them at your expense. It might be more cost effective and quicker to instruct a lawyer who is on the State Bank of India UK solicitors panel
Do conveyancing solicitors on the State Bank of India UK conveyancing panel work on a no sale no fee basis?
There is generally no requirements by lenders for their firms to operate on a no-sale-no-fee basis. There a small number of lenders who operate a very restricted conveyancing panel managed by a third party company (often termed in the industry as a ‘gatekeeper’). That third party may impose certain conditions such as non-sale-no fee on the panel firms. If you require this as a condition of your conveyancing then you should check with the conveyancing firm that this is part of their service
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. Please confirm
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.
I can not work out if my mortgage offer requires a lease extension . I have called into my local branch State Bank of India UK on numerous occasions and told it wasn't a problem and they would lend. My solicitor - who is on the State Bank of India UK conveyancing panel- telephoned and was told not they would not lend in accordance with their CML Handbook minimum lease term requirements. I simply dont know who is right
As long as the conveyancer is on the State Bank of India UK panel she or he must comply with the CML Handbook requirements for State Bank of India UK. Unless your lawyer obtains specific confirmation in writing that State Bank of India UK will go ahead your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask State Bank of India UK to contact your lawyer in writing confirming that they will accept the remaining number of years left on the lease.

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Transfer of Equity for State Bank of India UK

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