State Bank of India UK Conveyancing Panel Compliance Audit

Your firm can wait for State Bank of India UK to make a file request or you can ask Lexsure to do a State Bank of India UK panel compliance conveyancing audit.

State Bank of India UK is amongst other lenders, one of your most important clients for conveyancing work.

Can you be sure that you are adhering to the requirements as a firm on the State Bank of India UK conveyancing panel?

As far as we are aware Lexsure is uniquely positioned to conduct a full lender panel compliance audit for your conveyancing files where State Bank of India UK are the the mortgagor.

Our full directory of State Bank of India UK Handbook instructions gives us the ability to examine a law firms’ conveyancing cases whilst on the State Bank of India UK conveyancing panel retrospectively and in much the same way as State Bank of India UK would.

Lexsure’s panel of experienced auditors objectively check utilising propriety templates and Lender obligation archives whether each transaction was in line with the requirements at the time the Certificate of Title was submitted.

Our standard costs is £1,975+VAT. Lexsure tend to examine nine case files involving State Bank of India UK, which we can stratify by tenure (e.g. leasehold) date or a mix variables.

At the end of the audit, we will issue a detailed findings for your files with State Bank of India UK and a baseline risk score. We will also meet with you to explain our expert findings and recommendations in a formal debrief. Subsequent audits can be scheduled. Our office will contact the appropriate personnel to request the status of actions taken. A maximum of one lender conveyancing panel audits may be commissioned by a practice in a calendar year.

Lexsure’s Conveyancing Audit Scheduling System (LCASS) enables your firm to select the date, time and location of a State Bank of India UK conveyancing panel compliance audit. The system is available 24/7, which eliminates most instances where you have to wait for business hours to contact Lexsure to schedule or rebook a State Bank of India UK panel compliance file audit. Please note that before accepting a State Bank of India UK conveyancing panel compliance audit we have to conduct a conflict check. It may not be possible for Lexsure to conduct a State Bank of India UK panel Handbook risk file audit

FAQs : State Bank of India UK Conveyancing File Audits


If my firm is an existing user of Lexsure services, such as COMPLETIONmonitor does my firm have access to a yearly Lexsure Lender Compliance Audit at no extra cost?

The Lexsure Lender Compliance Audit is a distinct service for property law firms on lender panels and is independently charged for.

How long will I need to wait before I receive my written report to discuss with my partners following an audit of our firm's State Bank of India UK panel conveyancing files?

We aim to have a written report within ten working days of an audit.

Whilst I do not require the services of Lexsure for an State Bank of India UK UK Finance Mortgage Handbook Audit, I would like access to P2 requirements for State Bank of India UK for a specific date. Is this something you are able to assist with?

Subject to the date of the P2’s, we may be able to assist. Please contact us directly asking to speak to someone in the Lexsure Litigation Support Team.

Do your audits cover commercial conveyancing files with lender compliance issues?

No. The lender compliance audit only covers residential conveyancing.

Can I contact you if I have questions not covered in this section concerning an audit of our conveyancing files where State Bank of India UK is the lender?

You will need to fill out the contact form here. We will call you. Please note that the form is not specific to State Bank of India UK conveyancing panel firms so do mention State Bank of India UK in the notes section.