Removal from the Allied Irish Bank and other lender panels: Why they do it and how to get reinstated
- Recurring 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 provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Allied Irish Bank may subsequently subscribe.
- Failure to reapply to remain on the Allied Irish Bank convincing panel
- Breaches of Allied Irish Bank conveyancing panel requirements
- Allied Irish 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.
Questions Allied Irish Bank panel reinstatement firms ask us
- What are the next steps open to me if our Allied Irish Bank panel reinstatement application is turned down and our client has a mortgage offer with the Allied Irish Bank?
- To what extent is my firm permanently excluded if our reinstatement panel submission with Allied Irish Bank is rejected?
- Does my practice need to apply annually to remain on the Allied Irish Bank conveyancing panel?
- How do I discover why my firm’s application for reinstatement is turned down?
- Is there a charge to revert back onto 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.