Removal from the Allied Irish Bank and other lender panels: Why they do it and how to get reinstated
- Failure to act in accordance 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.
- Breaches of Allied Irish Bank conveyancing panel requirements
- Significant non-compliance with post completion requirements set by Allied Irish Bank
- Your practice no longer meets the criteria to remain on the Allied Irish Bank conveyancing panel
- Missing deadline to reapply to be on the Allied Irish Bank convincing panel
Answers to Frequently asked questions concerning Allied Irish Bank panel reinstatement
- Does the COLP in my firm need to sign the reinstatement application to the Allied Irish Bank panel ?
- Is there a limit to the amount of occasions my law firm can apply to get back on the Allied Irish Bank conveyancing panel?
- Do any avenues remain open if our reinstatement panel application with Allied Irish Bank is turned down?
- What is the application process to be reinstated onto the Allied Irish Bank conveyancing panel?
- What will happen if our Allied Irish Bank panel reinstatement application is rejected and our client has a mortgage application with the Allied Irish Bank?
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 appointed 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.