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approved by Ulster Bank
Ready to buy a new home? Failing to check that a lawyer is on the Ulster Bank list of approved solicitors can put your transaction at risk of delay or failure.
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How does my firm apply to be on the Ulster Bank Conveyancing Panel? How can my firm be reinstated onto the Ulster Bank Conveyancing Panel?Find an Approved Solicitor on the Ulster Bank Conveyancing Panel
Ulster Bank Solicitor Panel Recently Asked Questions
I would like to know the reason why all solicitors are not on the Ulster Bank Solicitor panel?
Even though it may seem unfair for Ulster Bank to restrict who can act for them from the public’s or solicitor’s point of view, the other side of the coin is that the lenders are becoming ever more anxious and feel the necessary need to protect them from mortgage fraud and other illegal activities. As a result of this concern Ulster Bank are limiting their panel of approved conveyancing lawyers to a size that they are happy to control. The Ulster Bank conveyancing panel is not the most exclusive of all lenders
Can you clarify something for me?. For no fault of my lawyer but, the conveyancing for my house purchase has been going on for months. The Local Authority Search from Ulster Bank was issued random date and we have agreed a date for me to move into the property on Tues etc. My lawyer informs me that as she is on the Ulster Bank conveyancing panel she needs to reorder the searches as they are now out of date.
One of the many conditions to being on the Ulster Bank approved panel is to comply with the CML Handbook Part 2 obligations (last updated for this lender on Ulster Bank)which specifies that a local authority search be not more than half a year old. You should nevertheless ask your lawyer to check whether something called ‘search validation’ indemnity insurance is acceptable to Ulster Bank.
I require the services of a Ulster Bank panel solicitor in Inverness. Could you help me?
It is not clear why you need a Ulster Bank panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to Ulster Bank to find out which solicitors in Ulster Bank are on their panel. If you do find such a firm not listed please direct them to our site to list. At a fee of one pound per month it is not expensive to register on the site
Can you clarify what the consequences are if my lawyer’s firm is removed from the Ulster Bank Conveyancing panel in advance of the completion date?
First, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have ti instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by the regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
Two weeks ago we had a mortgage agreed in principle with Ulster Bank. Solicitors have been chosen? How long does it take for Ulster Bank to send the offer to our conveyancer
Some lenders take longer than others. Have Ulster Bank done the survey? Have you advised Ulster Bank as your lawyers details and checked that your lawyer is on the Ulster Bank conveyancing panel? It is not unusual for a mortgage offer to take a month to come through
My fiance and I are in the throws of viewing houses and now considering a potential offer. Should I already have a conveyancer appointed at this stage? I intend to finance via a mortgage with Ulster Bank
It would be sensible to have your start your search soon rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their details on the the EA. As you are getting a mortgage with Ulster Bank , ask your prospective lawyers check they are on the Ulster Bank conveyancing panel otherwise they can't do the mortgage legal work.
Intending to buy a house with a mortgage with Ulster Bank. I have received an online quote from a licensed conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Ulster Bank conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that they are on the Ulster Bank conveyancing panel
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Transfer of Equity for Ulster BankPlease note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors