Removal from the Ulster Bank and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to be on the Ulster Bank convincing panel
- Your law firm no longer meets the criteria to remain on the Ulster Bank conveyancing panel
- Significant non-compliance with post completion requirements set by Ulster Bank
- Failure to act in accordance with the Ulster Bank panel terms, the written instructions that Ulster Bank give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Ulster Bank may subsequently subscribe.
- Breaches of Ulster Bank conveyancing panel Terms and Conditions
FAQs : Ulster Bank Conveyancing panel reinstatement
- Does my practice need to apply annually to be reinstated on the Ulster Bank conveyancing panel?
- Is it the practice manager who is required to sign the reinstatement application to the Ulster Bank panel ?
- Please can you set out the application protocol to revert back onto the Ulster Bank conveyancing panel?
- Can we appeal if our application for reinstatement is rejected?
- Can this firm act for Ulster Bank while the application for reinstatement on the Ulster Bank panel is being assessed? How do I know if our reinstatement appeal to the Ulster Bank panel is approved?
Top Tip: The best way to avoid the hassle of seeking Ulster Bank panel reinstatement is to ensure that your firm is not removed off of the Ulster 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 Ulster Bank conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Ulster 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 Ulster Bank conveyancing panel.