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Ready to buy a new home? Failing to check that a lawyer is on the Bank of Ireland list of approved solicitors can put your transaction at risk of delay or failure.
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How does my firm apply to be on the Bank of Ireland (UK) plc Conveyancing Panel? How can my firm be reinstated onto the Bank of Ireland (UK) plc Conveyancing Panel?Find an Approved Solicitor on the Bank of Ireland (UK) plc Conveyancing Panel
Bank of Ireland Conveyancing Panel : Questions and Answers
I have been advised by my broker that I have to pay Bank of Ireland fees should I instruct my family lawyer. How good are the Bank of Ireland conveyancing panel solicitors? I dont care which law firm I use as long as they're good and not exorbitantly priced. Would you recommend a specific law firm on the Bank of Ireland panel?
Bank of Ireland’s conveyancing panel is pretty large so your best bet is just to check with the firms you are getting quotes from that they are on the panel. You can search by postcode on the search tool on this site to find solicitors that Bank of Ireland will allow to act for them.
We are getting closer to an exchange and my mum and dad having sent 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 Bank of Ireland. I am advised that, being on the Bank of Ireland conveyancing panel and acting on their behalf he must inform Bank of Ireland 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 home loan so is it really necessary for this now to be an issue?
Your lawyer is obliged to check with Bank of Ireland 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 Bank of Ireland if you agree, failing which, your lawyer must cease to continue acting.
I see that you have a search directory listing law firms on the Bank of Ireland conveyancing panel. Do firms pay you a commission if I retain them for my own conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the Bank of Ireland conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint.
I am selling my house. Does my solicitor have to be on the Bank of Ireland conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the Bank of Ireland 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.
I previously instructed online solicitors based in Cardiff who are on the Bank of Ireland solicitor panel. They have just invoiced me a separate fee of £135 for the legal aspects of the Bank of Ireland mortgage. Is this an additional conveyancing fee set by Bank of Ireland?
Unfortunately, as long as it is in their Terms and Conditions or Quote then yes your solicitors can charge a fee for this. This fee is not set by Bank of Ireland but by your lawyers. Some firms on the Bank of Ireland will charge an ‘acting for lender’ fee and others do not.
Hi, thinking about buying a house off my mate. Assuming we can agree a figure, what’s the best way to proceed? I hope to get a mortgage with Bank of Ireland. Is there anyway to cut out the solicitors to save on the costs? My father said that years ago it was possible to take the documents into the local Land Registry office and they did the rest
If you are getting a mortgage with Bank of Ireland involved you will need to appoint a solicitor on the Bank of Ireland 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. Feel free to use our search tool to look for a licensed conveyancer or solicitor on the Bank of Ireland conveyancing panel.
We were going to get a DIP from Bank of Ireland this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc).Do the Bank of Ireland recommend a solicitor on the Bank of Ireland conveyancing panel, or is it better to find our own lawyer
You will need to appoint solicitors independently although you'll need to choose one on the Bank of Ireland conveyancing panel. The solicitor represents both you and the Bank of Ireland through the process.
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