Removal from the Ulster Bank and other lender panels: Why they do it and how to get reinstated
- Recurring delays in post completion requirements on behalf of Ulster Bank
- Persistent 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.
- Breaches of Ulster Bank conveyancing panel requirements
- 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.
- Failure to act in accordance with the Ulster Bank panel requirements, 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.
Questions Ulster Bank panel reinstatement firms ask us
- What are our options if my firm’s reinstatement panel application with Ulster Bank is turned down?
- How do I discover why this practice’s application for reinstatement was refused?
- What happens if our Ulster Bank panel reinstatement application is declined and our client has a mortgage application with the Ulster Bank?
- What times frames are involved when applying to be reinstated onto the Ulster Bank conveyancing panel?
- Please can you set out the application process to revert back onto 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.