Find a Law Firm
approved by BOI
Ready to buy a new home? Failing to check that a lawyer is on the BOI 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 Bank of Ireland as Bank of Ireland Mortgages Conveyancing Panel? How can my firm be reinstated onto the Bank of Ireland as Bank of Ireland Mortgages Conveyancing Panel?Find an Approved Solicitor on the Bank of Ireland as Bank of Ireland Mortgages Conveyancing Panel
Q and A’s regarding the Bank of Ireland Mortgages Conveyancing Panel
Is the fact that my solicitor is not isted on the Bank of Ireland Mortgages Solicitor panel that there is a problem with the standard of the firm’s conveyancing?
It would not be wise to jump to that conclusion. 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 most common reasons for removal are: (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 Bank of Ireland Mortgages.
My conveyancing solicitor has informed me that he requires proof of ID documents stating that this forms part of his retainer as a conveyancer on the Bank of Ireland Mortgages Conveyancing panel. Can you confirm whether this is the case?
Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offense if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage with Bank of Ireland Mortgages your lawyer also has to check ID documents to satisfy Bank of Ireland Mortgages
I am looking to buy a flat and require a conveyancing solicitor in Liverpool who is on the Bank of Ireland Mortgages solicitor. Can you recommend a local firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Bank of Ireland Mortgages . We don’t recommend any particular firm.
My solicitors in Newcastle have advised me that they can not locate my conveyancing file. At the time of my purchase I took out a mortgage with Bank of Ireland Mortgages. Is it case that being on the Bank of Ireland Mortgages conveyancing panel they need to have retained the file for a prescribed period?
Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the Bank of Ireland Mortgages Conveyancing Panel Terms. It might be worth you contacting Bank of Ireland Mortgages directly.
Two weeks ago we had a mortgage agreed in principle with Bank of Ireland Mortgages. Solicitors have been appointed? How long does it take for Bank of Ireland Mortgages to send the offer to our conveyancer
Some lenders take longer than others. Have Bank of Ireland Mortgages conducted the valuation? Have you advised Bank of Ireland Mortgages as your lawyers details and checked that your lawyer is on the Bank of Ireland Mortgages conveyancing panel? sometimes it can take as long as six weeks for a mortgage offer to be issued
My fiance and I are in the process of viewing flats and now considering a potential offer. Is it best to have a conveyancer on ‘stand by’? I I am planning to take a home loan with Bank of Ireland Mortgages
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 estate agent. As you are getting a mortgage with Bank of Ireland Mortgages , ask your prospective lawyers check they are on the Bank of Ireland Mortgages conveyancing panel otherwise they can't do the mortgage legal work.
For 5 years I had a mortgage with Bank of Ireland Mortgages. My father retired last week and wants to pay off the mortgage left on the property. After Bank of Ireland Mortgages 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 Bank of Ireland Mortgages conveyancing panel? I do not intend to live at the property once the Bank of Ireland Mortgages mortgage is discharged.
You
will need a solicitor but they need not be on the Bank of Ireland Mortgages conveyancing 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.