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approved by State Bank of India UK

A survey recently commissioned by the Solicitors Regulatory Authority found that three quarters of law firms had been removed from a lender panel. The most common reasons in order are :

1. Low volume 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. We are not aware of the specific or common criteria for removal by State Bank of India UK

Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offense if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage with State Bank of India UK your lawyer also has to check ID documents to satisfy State Bank of India UK

Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the State Bank of India UK conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the State Bank of India UK solicitor panel.

Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the State Bank of India UK conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to made in you doing to conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on the State Bank of India UK conveyancing panel in your location.

Given that your lender is State Bank of India UK your lawyer must to check the State Bank of India UK conveyancing instructions contained in the Part of CML Handbook for State Bank of India UK . The CML Handbook contains minimum requirements for solar panel roof-space leases, and solicitors are required to report to State Bank of India UK where a lease does not meet these requirements. The requirements relate to the installation of panels on properties in England and Wales. Requirements for Scotland are due in the near future.

State Bank of India UK will need an independent valuation of the property. Your lawyer will not arrange this. Usually State Bank of India UK will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller. or Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by postcode. As you are getting a mortgage with State Bank of India UK you could contact your them to see if they have a list of approved surveyors.

The estate agent will want to know who your solicitors are (make sure these solicitors are on the lenders panel). Call up State Bank of India UK or your broker and complete any relevant paperwork. State Bank of India UK will tell you what documents they want. State Bank of India UK will instruct a valuer. The valuer will get in touch with the estate agent or seller to book an appointment. Once conducted (assuming no problems) it takes about week to get a mortgage offer. State Bank of India UK will issue the offer to you and your lawyer. The transaction will then take it’s course according the nature and complexity of the conveyancing.