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

  • Failure to act in accordance with the Ulster Bank panel terms, the written instructions that Ulster Bank provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Ulster Bank may subsequently subscribe.
  • Ulster Bank may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
  • Recurring delays in registering security on behalf of Ulster Bank Delays or failure to register the Ulster Bank charge may result in referral to external lawyers of Ulster Bank to complete outstanding requirements.
  • Your practice fails to meet the criteria to remain on the Ulster Bank conveyancing panel
  • Breaches of Ulster Bank conveyancing panel requirements

Ulster Bank panel reinstatement : You have questions, we have answers

  • What is the application protocol to revert back onto the Ulster Bank conveyancing panel?
  • What are the next steps open to me if our Ulster Bank panel reinstatement application is declined and our client has a mortgage offer with the Ulster Bank?
  • Is there a limit to the amount of times my firm can apply to get back on the Ulster Bank conveyancing panel?
  • How long does the application process take when applying to revert back onto the Ulster Bank conveyancing panel?
  • Is the door firmly shut if our reinstatement panel application with Ulster Bank is rejected?

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.

Related Pages