Find a Law Firm
approved by AUB
Ready to buy a new home? Failing to check that a lawyer is on the AUB 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 Ahli United Bank (UK) plc Conveyancing Panel? How can my firm be reinstated onto the Ahli United Bank (UK) plc Conveyancing Panel?Find an Approved Solicitor on the Ahli United Bank (UK) plc Conveyancing Panel
Ahli United Bank Solicitor Panel Example Support Desk Enquires
We are hoping to buy a 1 bedroom flat in Leeds with a mortgage from Ahli United Bank. We have a solicitor but Ahli United Bank says she’s not on their "panel". We have to appoint one of the Ahli United Bank panel solicitors or keep our solicitor and pay for one of their panel ones to represent them. We feel as though this is unjust; Can we not simply insist that Ahli United Bank use our lawyer?
No, not really. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the Ahli United Bank conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your lawyer to apply to be on the conveyancing panel for Ahli United Bank
Our solicitor has discovered a problem with the lease for the apartment we are purchasing. The other side have suggested defective title insurance as a workaround. We are happy with insurance and will pay for it. Our lawyer says that as he is on the Ahli United Bank conveyancing panel he must check that the lender is happy with this solution. Who is the client here, us or Ahli United Bank?
Just because you have a mortgage offer from Ahli United Bank does not mean to say that the property will be meet their requirements for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the CML Handbook Requirements. You and Ahli United Bank are the client. The appropriate lender requirements must be adhered to by the Ahli United Bank conveyancing panel who has to balance acting for you and Ahli United Bank
Do all the licensed conveyancers and solicitor practices listed on your directory have online case tracking as I understood that this was a condition of being on the Ahli United 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.
We're in Birmingham, FTBs buying with a mortgage (lender is Ahli United Bank , but our solicitor is on the Ahli United Bank conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Ahli United Bank conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a time-frame for your conveyancing due to third parties outside of our control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain
Are all Conveyancing Quality Solicitors on the Ahli United Bank conveyancing panel?
It is true that some lenders now use the accreditation scheme as the starting point for Panel approval such as HSBC and Santander. CQS accreditation however gives 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 panels.
My wife and I have arranged a further advance on our mortgage from Ahli United Bank as we wish to carry out a loft conversion to our home. Do we need to appoint a solicitor on the Ahli United Bank conveyancing panel to deal with the legals?
Ahli United Bank do not ordinarily instruct a member of their approved list of lawyers to deal with such a matter. If they did require any legal work then you would need to ensure that such a lawyer was on the Ahli United Bank list
My existing mortgage is with Ahli United Bank. My father retired last week and wants to pay off my mortgage. After Ahli United Bank is paid, I want to transfer the property to my mother's name; How long does the process take? Do we need two separate solicitors on the Ahli United Bank conveyancing panel? I do not intend to live at the property once the Ahli United Bank mortgage is discharged.
Although you do need to retain the services of a lawyer they dont
need to be on the Ahli United Bank panel.
You will need a solicitor to draw up the transfer and
to deal with the Land Registry formalities. The only thing you need to
consider is that by selling at an undervalue so ask your lawyer about
the implications. There could be an inheritance tax issue if you die
within 7 years of this. As the property is your main residence you need
not pay CGT but you should speak with your accountants in any event.
Other Topics
Transfer of Equity for Ahli United BankPlease note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors