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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.

Find an Approved Solicitor on the Bank of Ireland as Bank of Ireland Mortgages Conveyancing Panel

FAQs for the Bank of Ireland Mortgages Solicitor Panel

Am I correct in assuming that the fact that my solicitor is not identified on the Bank of Ireland Mortgages Solicitor panel that there is a problem with the quality of her 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.
We are due to exchange on the purchase a house but as a result of damage from the recent storms I have agreed compensation from the seller of £3k approx by way of a reduction in the price. This was going to be dealt with as part of the conveyancing process but my mortgage company Bank of Ireland Mortgages will not agree to this. Why was Bank of Ireland Mortgages even consulted?
Your lawyer being on the Bank of Ireland Mortgages conveyancing panel is duty bound to inform Bank of Ireland Mortgages of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to Bank of Ireland Mortgages then they would have to discontinue acting for you and Bank of Ireland Mortgages.
I note that you have a post code search directory identifying firms on the Bank of Ireland Mortgages conveyancing panel. Do firms pay you a referral fee if I instruct them for my conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the Bank of Ireland Mortgages conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint.
I am considering applying for a Bank of Ireland Mortgages mortgage for purchase of a new build (under development) with 65 per cent loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Bank of Ireland Mortgages?
In theory, you could use a solicitor that is not on Bank of Ireland Mortgages conveyancing panel, but Bank of Ireland Mortgages would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
Is it the case that all conveyancing lawyers on the Bank of Ireland Mortgages conveyancing panel work on a no move no charge basis?
On the whole there are no requirements by lenders for their firms to operate on a no-sale-no-fee basis. There a small number of lenders who operate a very restricted conveyancing panel managed by a third party company (often termed in the industry as a ‘gatekeeper’). That third party may impose certain conditions such as non-sale-no fee on the panel firms. If you require this as a condition of your conveyancing then you should check with the conveyancing firm that this is part of their service
We have agreed to purchase a house.One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Bank of Ireland Mortgages be concerned
Given that you are obtaining a mortgage with Bank of Ireland Mortgages your lawyer must to check the Bank of Ireland Mortgages conveyancing instructions contained in the Part of CML Handbook for Bank of Ireland Mortgages . The CML Handbook contains minimum requirements for solar panel roof-space leases, and solicitors are required to report to Bank of Ireland Mortgages where a lease does not meet these requirements. The requirements relate to the installation of panels on properties in England and Wales. The CML are developing guidance for Northern Ireland and Scotland.
Hi, thinking about buying a house off my mate. Assuming we can agree a figure, what’s the best way to move forward? I hope to get a mortgage with Bank of Ireland Mortgages. Is it possible to avoid using solicitors to save us both money? My dad reckons back in the day he did a lot of it himself, just went into the land registry office and providing them with the info they needed himself
If you are getting a mortgage with Bank of Ireland Mortgages involved you will need to appoint a solicitor on the Bank of Ireland Mortgages conveyancing panel. We would not encourage you to both use the same solicitors' firm. There are clear conflict of interest issues and it's not going to make a huge difference to the speed of the overall process. So as not to hold things us you should pass on your solicitors details to Bank of Ireland Mortgages. Feel free to use our search tool to look for a licensed conveyancer or solicitor on the Bank of Ireland Mortgages conveyancing panel.