Find an Approved Solicitor on the Allied Irish Bank (GB), a trading name of AIB Group (UK)
Conveyancing Panel
FAQs for the Allied Irish Bank Solicitor Panel
My fiance and I are novices when it comes to buying a property. Within the last couple of days our property lawyer has sent a preliminary report and documents to look through with the expectation that exchange is imminent. Allied Irish Bank have this afternoon contacted us to advise us that they have now hit a problem as our solicitor is not on their conveyancing panel. What do we do from here?
When purchasing a property with the benefit of a mortgage it is usual for the purchaser's solicitors to also act for the purchaser's lender.
In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme.
Your solicitors should contact Allied Irish Bank and see if they can apply for membership of the Allied Irish Bank conveyancing panel, but if that is not viable Allied Irish Bank will instruct their own solicitors to act. You don't have to instruct a firm on the Allied Irish Bank conveyancing panel as you are at liberty to use your preferred lawyers, in which case it will likely add costs, and it may delay matters as you have another set of people involved.
My fiance and I are refinancing our flat with Allied Irish Bank. We have a son 18 who lives with us. The solicitor on the Allied Irish Bank conveyancing panel requested us to identify any adults other than ourselves who lives in the flat. The solicitor has now sent a form for our son to sign, waiving any legal rights in the event that the apartment is repossessed. I have two concerns (1) Is this document specific to the Allied Irish Bank conveyancing panel as he did not need to sign this form when we purchased 4 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
On the face of it your lawyer has done nothing wrong as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Allied Irish Bank .This is solely used to protect the Allied Irish Bank if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave.
It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Allied Irish Bank had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
Do all the licensed conveyancers and solicitor practices listed on your directory have online case tracking as I was under the impression that this was a precondition of being on the Allied Irish Bank solicitor panel?
The Council of Mortgage Lenders or BSA do not require online case tracking. Some law firms operate such technology and some don't.
My grandmother passed away 10 months ago and as sole heir and executor was left the house. The house had a relatively small loan left on it of around £4500. I want to have the title changed into my name whilst I re-mortgage to Allied Irish Bank , pay off the mortgage etc. Is this allowed?
If you intend to re-mortgage then Allied Irish Bank will insist on your using a conveyancer on the Allied Irish Bank conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Allied Irish Bank conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Allied Irish Bank mortgage is registered as a charge at the Land Registry.
I have today made my last payment due on mortgage with Allied Irish Bank. I assume I don't need a solicitor on the Allied Irish Bank panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Allied Irish Bank mortgage they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Allied Irish Bank mortgage from the register. Allied Irish Bank,and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
but are not moving to another property
where the Allied Irish Bank has sent the Land Registry the discharge electronically, and
the Allied Irish Bank has instructed the Land Registry to do so
The Land Registry will send you a letter confirming that your Allied Irish Bank mortgage has been paid off.
It is not clear whether my mortgage offer requires a lease extension . I have called Allied Irish Bank on various occasions and was told they are content with the situation and they would lend. My solicitor - who is on the Allied Irish Bank conveyancing panel- telephoned and was told not they would not lend in accordance with their CML Handbook minimum lease term requirements. I simply dont know who is right
Your lawyer has to follow the CML Handbook Part 2 requirements for Allied Irish Bank. Unless your lawyer obtains specific confirmation in writing that Allied Irish Bank will go ahead your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask Allied Irish Bank to contact your lawyer in writing confirming that they will accept the remaining number of years left on the lease.
Intending to buy a flat with a mortgage with Allied Irish 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 Allied Irish 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 Allied Irish Bank conveyancing panel