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 provides false answers in its application form or in relation to any future requests for information.
- 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.
- Failure to reapply to be on the Ahli United Bank convincing panel
- Your law firm fails to meet the criteria to remain on the Ahli United Bank conveyancing panel
- Failure to act in accordance with the Ahli United Bank panel requirements, the written instructions that Ahli United Bank provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Ahli United Bank may subsequently adopt.
Answers to Frequently asked questions concerning Ahli United Bank panel reinstatement
- Is there a fee to revert back onto the Ahli United Bank conveyancing panel?
- Please can you set out the application procedures to revert back onto the Ahli United Bank conveyancing panel?
- Can we act for Ahli United Bank while the appeal for reinstatement on the Ahli United Bank panel is being processed? How do I discover if our reinstatement appeal to the Ahli United Bank panel is accepted?
- Is there a limit to the amount of times my practice can submit applications to get back on the Ahli United Bank conveyancing panel?
- What are the next steps open to me if our Ahli United Bank panel reinstatement application is rejected and the client of the firm has a mortgage offer with the Ahli United Bank?
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 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 Ahli United Bank conveyancing panel.