Removal from the Ahli United Bank and other lender panels: Why they do it and how to get reinstated
- Ahli United Bank 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.
- Persistent non-compliance with post completion requirements on behalf of Ahli United Bank
- Your firm fails to meet the criteria to remain on the Ahli United Bank conveyancing panel
- Non-compliance with the Ahli United Bank panel terms, the written instructions that Ahli United Bank give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Ahli United Bank may subsequently adopt.
- Persistent delays in registering security on behalf of Ahli United Bank Delays or failure to register the Ahli United Bank charge may result in referral to external lawyers of Ahli United Bank to complete outstanding requirements.
Ahli United Bank Conveyancing Panel Reinstatement: Common Questions
- Can you outline the application process to be reinstated onto the Ahli United Bank conveyancing panel?
- How often will this firm be required to re-apply to be reinstated on the Ahli United Bank conveyancing panel?
- Are you able to explain why this practice’s application for reinstatement was turned down?
- Who should sign the reinstatement application to the Ahli United Bank panel ?
- Is there a limit to the number of occasions my law firm can submit applications to be reinstated on the Ahli United Bank conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Ahli United Bank panel reinstatement is to ensure that your firm is not removed off of the Ahli United Bank 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 Ahli United Bank conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Ahli United Bank 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 Ahli United Bank conveyancing panel.