Removal from the Allied Irish Bank and other lender panels: Why they do it and how to get reinstated

  • Failure to reapply to be on the Allied Irish Bank convincing panel
  • Failure to act in accordance 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 subscribe.
  • Breaches of Allied Irish Bank conveyancing panel requirements
  • Significant 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.
  • Your law 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 times frames are involved when applying to be reinstated onto the Allied Irish Bank conveyancing panel?
  • Is it possible to find out my firm’s application for reinstatement is rejected?
  • Does the COLP in my firm need to sign the reinstatement application to the Allied Irish Bank panel ?
  • Am I restricted as to the amount of occasions my practice can submit applications to be reinstated on the Allied Irish Bank conveyancing panel?
  • Can this firm act for Allied Irish Bank while the appeal for reinstatement on the Allied Irish Bank panel is being processed? How do I find out if our reinstatement appeal to the Allied Irish Bank panel is accepted?

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.

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