Allied Irish Bank panel reinstatement guidance - Here to help

Was your firm been removed from the Allied Irish Bank conveyancing panel for any of the following reasons?

  1. Breaches of Allied Irish Bank conveyancing panel Terms and Conditions
  2. 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.
  3. Failure to reapply to be on the Allied Irish Bank convincing panel
  4. Your practice fails to meet the criteria to remain on the Allied Irish Bank conveyancing panel
  5. Non-compliance with the Allied Irish Bank panel terms, 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.

Questions Allied Irish Bank panel reinstatement firms ask us

  1. Does the COLP in my firm need to sign the reinstatement application to the Allied Irish Bank panel ?
  2. Is there a charge to revert back onto the Allied Irish Bank conveyancing panel?
  3. What happens if our Allied Irish Bank panel reinstatement application is rejected and our client has a mortgage offer with the Allied Irish Bank?
  4. What is the application protocol to be reinstated onto the Allied Irish Bank conveyancing panel?
  5. To what extent is my firm permanently excluded if our reinstatement panel application with Allied Irish Bank is declined?

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.