Removal from the Ulster Bank and other lender panels: Why they do it and how to get reinstated
- 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
- Significant non-compliance with post completion requirements on behalf of Ulster Bank
- 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.
- Missing deadline to reapply to be on the Ulster Bank convincing panel
Ulster Bank panel reinstatement : questions that we get asked
- What are the next steps open to me if our Ulster Bank panel reinstatement application is refused and our client has a mortgage application with the Ulster Bank?
- Who should complete the reinstatement application to the Ulster Bank panel ?
- Is there a limit to the number of times my firm can submit applications to be reinstated on the Ulster Bank conveyancing panel?
- Can we act for Ulster Bank while the application for reinstatement on the Ulster Bank panel is being assessed? How do I discover if our reinstatement application to the Ulster Bank panel is approved?
- How do I discover why my firm’s application for reinstatement was turned down?
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.