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State Bank of India UK Conveyancing Lender Panel Compliance Tool

Looking for information about your firm's panel status?

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How can my firm apply to be on the State Bank of India UK Conveyancing Panel?
Check your firm’s panel Status
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How can my firm be reinstated onto the State Bank of India UK Conveyancing Panel?
Check your firm’s panel Status

Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. It is supported by professional indemnity insurers. It is a unique risk mitigation tool.

This system optimises the way you can demonstrate to lender panels that you are, and can stay fully compliant with their requirements, with automatic updates on State Bank of India UK’s changes. While using this technology is not a prerequisite for State Bank of India UK , demonstrating you can stay up to date with State Bank of India UK’s Handbook requirements is a helpful support to your application to their lender panel and, more importantly, safeguard your firm’s panel status.

COMPLETIONmonitor creates real-time alerts, automatically produces regulatory and CQS reports, and will improve your firm's efficiency. It is also simply to use, cost-effective and, for some firms, leads to a PII saving.

Find a Law Firm approved by State Bank of India UK

Mortgage companies frequently vary their requirements. The UK Finance Lenders’ Handbook requirements from State Bank of India UK are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently:

A Timeline of Policy Changes


Since 2008, State Bank of India UK has made 219 revisions or additions to sections of their version of the UK Finance Handbook.
That equates to a section change every 12.5 days. In total, 55% of the sections of P2 of the UK Finance Lenders’ Handbook for State Bank of India UK have been changed since 15/12/2008.

To find out more about lender panel compliance,
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Q and A’s regarding the State Bank of India UK Solicitor Panel from members of the public

Is the fact that my conveyancer is not isted on the State Bank of India UK Solicitor panel that there is a problem with the quality of his work?
That would more than likely be a wrong assumption to make. There are all sorts of perfectly reasonable explanations. A recent report by the solicitors regulator indicated 76% of law firms surveyed had been removed from at least one lender panel. The top 3 reasons are as follows: (1) lack of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should simply call the firm and ask them why they are no longer on the approved list for State Bank of India UK.
My conveyancer has discovered a discrepancy when comparing the information in State Bank of India UK’s home valuation report and what is in the title deeds. My solicitor informs me that as he is on the State Bank of India UK conveyancing panel he is duty bound to ensure that the bank is with this discrepancy and is still content to lend. Is my solicitor’s approach appropriate?
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) which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
Whilst your website is a good idea there are many lawyers listed near Manchester on the State Bank of India UK conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the conveyancing panel for State Bank of India UK ?
We do not recommend specific firms as the right firm for you depends on where your priorities lie. For example you may require a local firm with local knowledge or you might be looking for the low cost conveyancing. Before you appoint your lawyer we advise you to speak to two or three of the firms listed to gain comfort as to which one is right for you..
What happens if my lawyer’s firm is removed from the State Bank of India UK Conveyancing panel before the completion date?
The first thing to point out is that, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have ti instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by the regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
Is the case that all CQS (Conveyancing Quality Scheme) solicitors on the State Bank of India UK conveyancing panel?
A selection of banks and building societies now use the accreditation scheme as the starting point for Panel membership such as HSBC and Santander. CQS membership however gives no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for firms wishing to join their panels.
Do conveyancing lawyers on the State Bank of India UK conveyancing panel work on a no move no charge 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
My offer was accepted on a house on the 12th March 2014, valuation was booked 3 days later, all came back fine. Solicitor instructed, so the only thing outstanding was my mortgage offer. Having made daily calls to State Bank of India UK and chasing them on my offer I have now been told that my offer will not be issued unless the lawyer is on the State Bank of India UK conveyancing panel. Can the lender hold off the offer?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for State Bank of India UK to deal with your lawyers application to be on the State Bank of India UK conveyancing panel. There's no guarantee that your solicitors will be accepted.

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