Removal from the Allied Irish Bank and other lender panels: Why they do it and how to get reinstated
- Significant delays in post completion requirements set by Allied Irish Bank
- Non-compliance with the Allied Irish Bank panel requirements, the written instructions that Allied Irish Bank give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Allied Irish Bank may subsequently subscribe.
- Recurring delays in registering a charge on behalf of Allied Irish Bank Delays or failure to register the Allied Irish Bank charge may result in referral to external lawyers of Allied Irish Bank to complete outstanding requirements.
- Missing deadline to reapply to remain on the Allied Irish Bank convincing panel
- Your firm no longer meets the criteria to remain on the Allied Irish Bank conveyancing panel
Allied Irish Bank panel reinstatement : You have questions, we have answers
- What are the next steps open to me if our Allied Irish Bank panel reinstatement application is declined and the client of the firm has a mortgage offer with the Allied Irish Bank?
- What times frames are involved when applying to revert back onto the Allied Irish Bank conveyancing panel?
- Does my practice need to apply annually to remain on the Allied Irish Bank conveyancing panel?
- Can we act for Allied Irish Bank while the appeal for reinstatement on the Allied Irish Bank panel is being assessed? How do I discover if our reinstatement appeal to the Allied Irish Bank panel is approved?
- Am I restricted as to the number of occasions my firm can apply to be reinstated on the Allied Irish Bank conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Allied Irish Bank panel reinstatement is to ensure that your firm is not removed off of the Allied Irish 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 Allied Irish Bank conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Allied Irish 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 Allied Irish Bank conveyancing panel.