Removal from the State Bank of India UK and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to be on the State Bank of India UK convincing panel
- Your firm no longer meets the criteria to remain on the State Bank of India UK conveyancing panel
- State Bank of India UK may terminate membership of its conveyancing panel where a firm provides false answers in its application form or in relation to any future requests for information.
- Breaches of State Bank of India UK conveyancing panel requirements
- Significant delays in registering security on behalf of State Bank of India UK Delays or failure to register the State Bank of India UK charge may result in referral to external lawyers of State Bank of India UK to complete outstanding requirements.
State Bank of India UK panel reinstatement : questions that we get asked
- Please can you set out the application protocol to be reinstated onto the State Bank of India UK conveyancing panel?
- Is there a cost to revert back onto the State Bank of India UK conveyancing panel?
- What will happen if our State Bank of India UK panel reinstatement application is turned down and our client has a mortgage application with the State Bank of India UK?
- How often will this firm be required to re-apply to remain on the State Bank of India UK conveyancing panel?
- What times frames are involved when applying to be reinstated onto the State Bank of India UK conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking State Bank of India UK panel reinstatement is to ensure that your firm is not removed off of the State Bank of India UK conveyancing panel in the first place.
Note: Subject to certain conditions Lexsure’s experts or consultants can assist in providing you with guidance for reinstatement onto the State Bank of India UK conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to State Bank of India UK directly or via their preferred panel manager. Any reinstatement application will have to be made by your firm. For the avoidance of doubt, Lexsure (or the Conveycentric Team) are in no way involved in managing the State Bank of India UK conveyancing panel.