Removal from the Allied Irish Bank and other lender panels: Why they do it and how to get reinstated
- Allied Irish 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.
- 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 adopt.
- Failure to reapply to be on the Allied Irish Bank convincing panel
- Persistent delays in registering security 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.
- Breaches of Allied Irish Bank conveyancing panel Terms and Conditions
Allied Irish Bank panel reinstatement : You have questions, we have answers
- Does the COLP in my firm need to complete the reinstatement application to the Allied Irish Bank panel ?
- What will happen if our Allied Irish Bank panel reinstatement application is turned down and our client has a mortgage offer with the Allied Irish Bank?
- Is the door firmly shut if our reinstatement panel submission with Allied Irish Bank is refused?
- What times frames are involved when applying to revert back onto the Allied Irish Bank conveyancing panel?
- How do I discover why our application for reinstatement is turned down?
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.