Removal from the Ulster Bank and other lender panels: Why they do it and how to get reinstated

  • 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.
  • 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.
  • Persistent non-compliance with post completion requirements set by Ulster Bank
  • Your law firm no longer meets the criteria to remain on the Ulster Bank conveyancing panel
  • Non-compliance with the Ulster Bank panel requirements, the written instructions that Ulster Bank give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Ulster Bank may subsequently subscribe.

FAQs : Ulster Bank Conveyancing panel reinstatement

  • Can you outline the application procedures to revert back onto the Ulster Bank conveyancing panel?
  • Can this firm act for Ulster Bank while the appeal for reinstatement on the Ulster Bank panel is being assessed? How do I know if our reinstatement appeal to the Ulster Bank panel is approved?
  • Is there a fee to be reinstated onto the Ulster Bank conveyancing panel?
  • Does my practice need to apply annually to remain on the Ulster Bank conveyancing panel?
  • What times frames are involved when applying to be reinstated 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 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.

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