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approved by Ulster Bank
Ready to buy a new home? Failing to check that a lawyer is on the Ulster Bank 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 Ulster Bank Conveyancing Panel? How can my firm be reinstated onto the Ulster Bank Conveyancing Panel?
Find an Approved Solicitor on the Ulster Bank Conveyancing Panel
Ulster Bank Conveyancing Panel : Questions and Answers
I have been advised by my broker that I have to pay Ulster Bank fees if I use my own solicitor. How efficient are the Ulster Bank conveyancing panel solicitors? I'm happy to use any solicitor in the country TBH provided that they are good and not exorbitantly priced. Would you recommend a specific law firm on the Ulster Bank panel?
Ulster Bank’s conveyancing panel is substantial 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 Ulster Bank will allow to act for them.
I am buying a brand new flat and my lawyer is informing me that she is duty bound to reveal incentives from the developer as her practice is on the Ulster Bank conveyancing panel. I am on a tight deadline to exchange contracts and I dont want to prolong the conveyancing. is my lawyer taking the correct approach?
You should not exchange unless you have advised to do so by your lawyer. A precondition to being on the Ulster Bank approved panel is to comply with the CML Handbook requirements (last updated for this lender on Ulster Bank). The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Whilst your website is a good idea there are many lawyers listed near Newcastle on the Ulster Bank conveyancing panel. Can you recommend a specific firm on the conveyancing panel for Ulster Bank ?
We are not in the business of recommending one firm above another as the right firm for you depends on where your priorities lie. For example you may require a local firm with local knowledge or you might be looking for the low cost conveyancing. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..
I was supposed to move into my dream home two days ago. My solicitor is on the Ulster Bank solicitors panel but has moved offices 8 weeks ago and had not informed Ulster Bank of their new address. Ulster Bank has locked down the release of mortgage funds as the information from the solicitors isn't correct.
This is a rare situation indeed. Most lender Terms of Conveyancing Panel Appointment specifically oblige the solicitor to inform the lender of an address change. Your solicitor needs to treat this with the utmost urgency. Do speak with or register your concern with the senior partner (assuming he or she is not your direct lawyer). Most lenders would be reasonable in this situation and expedite the resolution of this issue. It may be prudent to enlist the help of your local Ulster Bank branch or your mortgage broker to see if they can assist.
Is it the case that all conveyancing lawyers on the Ulster Bank conveyancing panel work on a no sale no fee basis?
In the main 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
My offer was accepted on a house on the 20th January 2014, valuation was booked 3 days after, all came back fine. Property lawyer retained, so all that was missing was my mortgage offer. Having made daily calls to Ulster 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 Ulster Bank conveyancing panel. Can the lender hold off the offer?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Ulster Bank to deal with your lawyers application to be on the Ulster Bank conveyancing panel. There's no guarantee that your solicitors will be accepted.
My offer on house has been accepted, the seller does however have a dependent purchase. The vendors have offered on somewhere, but not been accepted yet, and have viewings of other properties booked. My conveyancing solicitor has been instructed. What do I do now? At what point should I appy for the mortgage with Ulster Bank?
It is usual to have concerns where there is a chain as you are unlikely to want to be too out of pocket too early (mortgage application is approx £1k, then survey/valuation, conveyancing search costs, etc). First you should check that your solicitor is on the Ulster Bank conveyancing panel. As to the next stages this very much depends on the circumstances of your case, desire for this property and on the state of the market. In a hot mortgage some buyers would pally for the mortgage with Ulster Bank and pay for the valuation and only if it comes back ok would they pay their solicitor to press on with searches.