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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 : Questions and Answers
Am I correct in assuming that the fact that my solicitor is not on the Allied Irish Bank Solicitor panel that there is a problem with the standard of the firm’s work?
That would more than likely be a wrong assumption to make. There are all sorts of perfectly reasonable explanations. A recent report by the solicitors regulator indicated 76% of law firms surveyed had been removed from at least one lender panel. The top 3 reasons are as follows: (1) lack of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should simply call the firm and ask them why they are no longer on the approved list for Allied Irish Bank.
We are only a couple days away from an exchange and my parents having transferred the 10% deposit to my lawyer. I am now advised that as the deposit has not come from me my lawyer needs to disclose this to my lender Allied Irish Bank. Apparently, being on the Allied Irish Bank conveyancing panel and acting on their behalf he must inform Allied Irish Bank if the balance of the mortgage advance is coming from anyone other than me. I advised the bank about my parent’s contribution when I applied for the mortgage so is it really necessary for this now to be an issue?
Your lawyer is obliged to check with Allied Irish Bank to make sure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only report this to Allied Irish Bank if you agree, failing which, your lawyer must cease to continue acting.
Do all mortgage companies provide you with an approved list of solicitors? How do you know who is on the Allied Irish Bank conveyancing panel?
The firms themselves provide us confirmation that they are on the Allied Irish Bank conveyancing panel as opposed to being supplied with a list from Allied Irish Bank directly.
I am selling my house. Does my solicitor have to be on the Allied Irish Bank conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the Allied Irish Bank conveyancing panel they can still act for you on your sale. it might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently at the moment.
We have had an offer accepted on a apartment I spoke to a solicitor recommended by my brother and he recommended instructing a property lawyers approved by Allied Irish Bank. The estate agent recommended two local firms so I asked Allied Irish Bank if the 2 suggested solicitors are approved, which they are not. Allied Irish Bank suggested that either firm can fill out the appropriate forms to become approved. Do I (1) save myself the aggravation and use one of Allied Irish Bank 's conveyancing panel solicitors (2) Use the local solicitor and accept there may be delays etc as they go through the approval process.
Enquire of Allied Irish Bank for conveyancing panel firms in your area. Most banks have lawyers on their panel throughout the UK. You can also use our search tool at the top of this page to search for a lawyer on the Allied Irish Bank conveyancing panel based on location. If you particularly like the sound of one of the local lawyers that you have spoken to ask them if they would go onto Allied Irish Bank conveyancing panel as it may only take about 2-3 weeks. As long as they meet Allied Irish Bank’s requirements it can be a very simple job for the solicitor. Other stuff will be going on in parallel (as you are at an early stage) so it may not delay matters.
I had an offer accepted on an apartment on the 6th March 2014, valuation was booked 2 days after, all came back fine. Property lawyer appointed, so all that was missing was my mortgage offer. Having made daily calls to Allied Irish Bank and chasing them on my offer I have now been told that my offer will not be issued unless the lawyer is on the Allied Irish Bank conveyancing panel. Are Allied Irish Bank entitled to hold back the Mortgage pending the lawyer being on the approved list?
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Allied Irish Bank to deal with your lawyers application to be on the Allied Irish Bank conveyancing panel. There's no guarantee that your solicitors will be accepted.
My husband and I are acquiring a penthouse in Hendon. Conveyancing solicitors in Hendon will soon beinstructed. My agentsuggested that we check that the conveyancer in Hendon is on the Allied Irish Bank panel. Surely I don't need to do this, do I?
Far from all Hendon conveyancing solicitors are on the Allied Irish Bank conveyancing panel. Use the above search tool to search for a Hendon conveyancing lawyer on the on the Allied Irish Bank panel.
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Transfer of Equity for Allied Irish BankPlease note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors