Is your practice looking to be reinstated onto the Ulster Bank panel?

Top reasons law firms require reinstatement onto the Ulster Bank conveyancing panel

  1. 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.
  2. Your law firm fails to meet the criteria to remain on the Ulster Bank conveyancing panel
  3. Breaches of Ulster Bank conveyancing panel requirements
  4. 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.
  5. Failure to reapply to remain on the Ulster Bank convincing panel

Ulster Bank panel reinstatement: Five Common Questions

  1. Is there a charge to revert back onto the Ulster Bank conveyancing panel?
  2. Please can you set out the application protocol to be reinstated onto the Ulster Bank conveyancing panel?
  3. Can we act for Ulster Bank while the appeal for reinstatement on the Ulster Bank panel is being assessed? How do I find out if our reinstatement application to the Ulster Bank panel is approved?
  4. Can we appeal if this practice’s application for reinstatement is rejected?
  5. Is the door firmly shut if our reinstatement panel application with Ulster Bank is refused?

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.