State Bank of India

How to register with this lender as a new user

  1. Contact your SBI Business Development Contact: mgr.wolverhampton.sbiuk@statebank.com
  2. SBI will send you a copy of our ‘EFO Broker Access Form’
  3. Complete ‘EFO broker access form’ and email a copy back to your SBI contact (see above)
  4. You will then receive an email confirming your username and password
  5. Log-On to the EFO system and follow the prompts: https://sbi.mortgageportal.net/

How to add Mortgage Club as a payment route with this lender

All procuration fee payments will be made to Legal & General mortgage club

How to contact this lender

BDM Contact: mgr.wolverhampton.sbiuk@statebank.com

Address: PO Box 1018, Ipswich, Suffolk, IP1 9WU,

Telephone: 0344 967 1860,

Fax: 01473 283 859,

DX: 141243 IPSWICH 13

State Bank of India (UK) Ltd offers a broad range of Buy to Let lending both for individuals and SPV/LLP/Ltd Co’s

 

  1. Range of competitive products for both individual properties and those with a portfolio of BTL
  2. Products available for Ex-Pats (please refer to your BDM contact for full details)
  3. Products available for HMO’s  (please refer to your BDM contact for full details)
  4. Will accept newly incorporated SPV’s  (please refer to your BDM contact for full details)
Fee received from lender
(Gross fee)
We'll pay you
(Net fee)
Professional BTL0.7500% (max £10,000)0.7000% (max £9,750)
Non Professional BTL0.5000% (max £6,000)0.4500% (max £5,750)
Product Switch (Non Professional)0.2000%0.1900%
Product switch (Professional)0.2000% (max £10,000)0.1900% (max £9,750)