Ahli United Bank Conveyancing Panel Information

Lexsure has not been advised of any intention on the part of the CML to develop such a tool.

We only know of a couple of lenders that operate a distinct conveyancing panel where the mortgage advance is over a certain amount. You should nevertheless check directly with Ahli United Bank. At one stage HSBC would only allow Sole practitioners to act for them where the mortgage was below £150,000. We are not sure if HSBC still operate such a condition. In your case it is best to check with Ahli United Bank

When a solicitor is acting for both Ahli United Bank and borrower there is potential for conflicts to arise. You owe duties to both clients. All information received by you from your client is confidential and cannot be disclosed without the client’s consent. In the situation you find yourself in if the purchaser will not consent to the information being passed on to the lender the solicitor must cease to act for the Ahli United Bank and it may well be prudent you to cease to act for the purchaser as well. You can not tell the Ahli United Bank the reason for termination of the retainer over and above the fact that a conflict has arisen. The fact that you can no longer act should alert even the most somnambulistic of lenders that something is wrong with the borrower and/or purchase. The fact that you have disinstructed yourself should not affect your Ahli United Bank conveyancing panel status.

With mortgage companies and conveyancers working so closely together it is surprising that there has not been much call for the introduction of a bit of transparency regarding not just the figures for the Ahli United Bank conveyancing panel but for all mortgage panels

We would recommend that you supply details of the date of removal, information on the reason for removal, date of appeal and any reason given for reinstatement. This should not adversely impact your firm’s application but gives the Law Society viability as to what has happened.

You would be advised to get in touch with Ahli United Bank to obtain standard documents. The CML Handbook has an individual section for banks to cite who to contact to obtain standard documents. Ahli United Bank in their Part 2’s state: Don’t forget to quote your Ahli United Bank conveyancing panel reference.