Removal from the State Bank of India UK and other lender panels: Why they do it and how to get reinstated

  • State Bank of India UK may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
  • Your firm fails to meet the criteria to remain on the State Bank of India UK conveyancing panel
  • Failure to reapply to be on the State Bank of India UK convincing panel
  • Persistent non-compliance with post completion requirements on behalf of State Bank of India UK
  • Breaches of State Bank of India UK conveyancing panel requirements

State Bank of India UK panel reinstatement : You have questions, we have answers

  • Does the COLP in my firm need to complete the reinstatement application to the State Bank of India UK panel ?
  • Am I restricted as to the number of times my firm can apply to get back on the State Bank of India UK conveyancing panel?
  • Can you outline the application protocol to revert back onto the State Bank of India UK conveyancing panel?
  • Does my practice need to apply annually to be reinstated on the State Bank of India UK conveyancing panel?
  • What are our options if our reinstatement panel application with State Bank of India UK is rejected?

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 appointed 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.

Related Pages