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 on behalf of Allied Irish Bank
- Your law firm fails to meet the criteria to remain on the Allied Irish Bank conveyancing panel
- Failure to act in accordance with the Allied Irish Bank panel terms, the written instructions that Allied Irish Bank give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Allied Irish Bank may subsequently subscribe.
- 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.
- Failure to reapply to remain on the Allied Irish Bank convincing panel
Allied Irish Bank panel reinstatement: Five Common Questions
- Can this firm act for Allied Irish Bank while the appeal for reinstatement on the Allied Irish Bank panel is being progressed? How do I find out if our reinstatement appeal to the Allied Irish Bank panel is accepted?
- What times frames are involved when applying to revert back onto the Allied Irish Bank conveyancing panel?
- Is there a limit to the amount of occasions my law firm can submit applications to be reinstated on the Allied Irish Bank conveyancing panel?
- Is there a charge to be reinstated onto the Allied Irish Bank conveyancing panel?
- What are the consequences if our Allied Irish Bank panel reinstatement application is turned down and the client of the firm has a mortgage offer 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 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.