Removal from the Ulster Bank and other lender panels: Why they do it and how to get reinstated
- Breaches of Ulster Bank conveyancing panel requirements
- Significant delays in registering a charge 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.
- Missing deadline to reapply to be on the Ulster Bank convincing panel
- Your practice fails to meet the criteria to remain on the Ulster Bank conveyancing panel
- Significant non-compliance with post completion requirements on behalf of Ulster Bank
Common questions about Ulster Bank conveyancing panel reinstatement
- Do any avenues remain open if our reinstatement panel submission with Ulster Bank is turned down?
- What happens if our Ulster Bank panel reinstatement application is rejected and the client of the firm has a mortgage application with the Ulster Bank?
- Is it possible to find out this practice’s application for reinstatement is turned down?
- How long does the application process take when applying to be reinstated onto the Ulster Bank conveyancing panel?
- Does my practice need to apply annually to be reinstated on the Ulster Bank conveyancing panel?
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.