Find a Law Firm
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 Solicitor Panel Sample Enquires to our Call Center
On what basis would a firm of solicitors be excluded from the Ulster Bank approved conveyancing panel?
According to a recent survey report by the solicitors regulator three quarters of solicitor practices had been excluded from a lender panel. The top reasons in order are :
- Low volume of transactions
- the lawyer is a sole practitioner
- as part of the HSBC panel reduction
- regulatory contact by SRA
- accidental removal. We are not aware of the specific or common criteria for removal by Ulster Bank
My lawyer has identified an inconsistency when comparing the surveyor’s assumptions in Ulster Bank’s home valuation report and what is in the conveyancing documents. My solicitor informs me that as he is on the Ulster Bank conveyancing panel he is obliged to ensure that the lender is happy with this discrepancy and is content go ahead. Is my solicitor’s course or action legitimate?
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) which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
I have checked your search tool I can't find the lawyer I was hoping to instruct as being on the Ulster Bank conveyancing panel. My lawyer has said that they are on the Ulster Bank approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the Ulster Bank conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the Ulster Bank solicitor panel.
I am thinking of remortgaging my flat does my lawyer have to be on the Ulster Bank Conveyancing panel?
There is nothing to stop you using your solicitor but Ulster Bank will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
We are getting a further advance on our mortgage from Ulster Bank as we wish to carry out alterations or improvements our home. Do we need to appoint a solicitor on the Ulster Bank conveyancing panel to deal with the paperwork?
Ulster Bank do not ordinarily instruct a member of their approved list of lawyers to deal with such a matter. If they did require any legal work then you would need to ensure that such a lawyer was on the Ulster Bank panel
Is it common for Ulster Bank to withdraw a mortgage offer and what would be the reasoning?
Banks and Building Societies such as Ulster Bank can withdraw their mortgage offer although this rarely happens. If Ulster Bank withdraw their offer they may or may not inform you or the lawyer as to their reasoning. There are many potential reasons but here are a number of examples:
- Where information comes to Ulster Bank ‘s attention regarding the customers or the security that they were not aware of prior to offer that affects their original decision to lend
- Ulster Bank may amend or withdraw an offer if the Ulster Bank conveyancing panel solicitor is unable to confirm compliance with any of the conditions of the mortgage offer or if any of the terms of the mortgage offer cannot be satisfied
- If the financial circumstances of the borrower have changed to the detriment and the Ulster Bank has been notified
- Where the sale is not at arms length for value to unconnected persons
- Where the Lender’s right to possession is fettered in some way
My ex -wife’s name is on the Ulster Bank mortgage of my property but not on the land registry. The apartment was transferred to me on our divorce many years ago by way of a sealed court order. Does my ex still have a say on the sale even though the land registry showing the property in my name alone? Will I be required to take her name of the Ulster Bank mortgage in order to sell?
As regards the Ulster Bank mortgage, it is unusual that your ex-wife’s name remains on the mortgage but not on the title. It is conceivable that this is an oversight on the part of your conveyancers to ensure that her name was removed or even an administrative error on the part of Ulster Bank in failing to update their data. In any event, it should cause difficulty providing her name no longer appears on the Land Registry title and you have a court order ordering that the property is transferred to you.
Other Topics
Transfer of Equity for Ulster BankPlease note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors