Removal from the Ulster Bank and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to remain on the Ulster Bank convincing panel
- Ulster 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.
- Significant 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.
- Breaches of Ulster Bank conveyancing panel requirements
- Your law firm no longer meets the criteria to remain on the Ulster Bank conveyancing panel
How can we assist? Ulster Bank panel reinstatement questions
- Does my practice need to apply annually to be reinstated on the Ulster Bank conveyancing panel?
- Please can you set out the application procedures to be reinstated onto the Ulster Bank conveyancing panel?
- Is it possible to find out my firm’s application for reinstatement was refused?
- Is it the practice manager who is required to sign the reinstatement application to the Ulster Bank panel ?
- What will happen if our Ulster Bank panel reinstatement application is rejected and our client has a mortgage offer with the Ulster Bank?
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 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 Ulster Bank conveyancing panel.