Find a Law Firm
approved by AIB
Ready to buy a new home? Failing to check that a lawyer is on the AIB list of approved solicitors can put your transaction at risk of delay or failure.
Looking for information about your firm's panel status?
How does my firm apply to be on the Allied Irish Bank (GB), a trading name of AIB Group (UK) Conveyancing Panel? How can my firm be reinstated onto the Allied Irish Bank (GB), a trading name of AIB Group (UK) Conveyancing Panel?Find an Approved Solicitor on the Allied Irish Bank (GB), a trading name of AIB Group (UK) Conveyancing Panel
Allied Irish Bank Conveyancing Panel Sample Enquires to our Call Center
What is the rationale as to why all solicitors aren't included on the Allied Irish Bank Conveyancing panel?
Lenders point to the fact that solicitor-led fraud is thought to be responsible for millions of pounds of fraud every year. The removal of law firms off of lender panels started with the rise in mortgage fraud, which prompted a thematic review by the Financial Services Authority in 2011. Its outcome included recommendations for lenders to review their conveyancing panels, which kicked off a major policy change in the sector. It led to banks and building societies purging less reputable firms off their books
I am buying a newly constructed flat and my conveyancer is advising me that she is duty bound to reveal incentives from the developer as her firm is on the Allied Irish Bank conveyancing panel. I am on a tight deadline to exchange contracts and my preference is not to delay matters. Can I insist on an exchange regardless of what my lawyer says about being on the Allied Irish Bank panel?
You should not exchange unless you have advised to do so by your lawyer. A precondition to being on the Allied Irish Bank approved panel is to comply with the CML Handbook requirements (last updated for this lender on Allied Irish Bank). The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
I see that you have a search directory identifying law firms on the Allied Irish Bank conveyancing panel. Do firms pay you a referral fee if I appoint them for my conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the Allied Irish Bank conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint.
I am thinking of remortgaging my property does my lawyer need to be on the Allied Irish Bank Conveyancing panel?
There is nothing to stop you using your solicitor but Allied Irish Bank will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
Are all Conveyancing Quality Solicitors on the Allied Irish Bank conveyancing panel?
It is true that some lenders now use CQS as the starting point for Panel approval such as HSBC and Santander. CQS accreditation however is no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to remain on their approved list of firms.
Do most banks operate their own panel of solicitors?
Many lenders do operate a restricted conveyancing panel but a lot of lenders allow any solicitors to join their panel so long as they meet their criteria. Each lender sets their own criteria. For example the Allied Irish Bank conveyancing panel requirements are different to Allied Irish Bank’s conveyancing panel requirements.
My ex -wife’s name is on the Allied Irish Bank mortgage of my property but not on the land registry. The apartment was transferred to me on our divorce many years ago by way of a sealed court order. Does my ex still have a say on the sale even though the land registry showing the property in my name alone? Will I be required to take her name of the Allied Irish Bank mortgage in order to sell?
In terms of the Allied Irish Bank mortgage, it is unusual that your ex-wife’s name remains on the mortgage but not on the title. It is conceivable that this is an oversight on the part of your conveyancers to ensure that her name was removed or even an administrative error on the part of Allied Irish Bank in failing to update their data. In any event, it should cause difficulty providing her name no longer appears on the Land Registry title and you have a court order ordering that the property is transferred to you.
Other Topics
Transfer of Equity for Allied Irish BankPlease note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors