Looking for information about your firm's panel status?
Allied Irish Bank Solicitor Panel: Recently Asked Questions
Do the Council of Mortgage Lenders intend to launch a searchable register search tool with a view
to to identify law firms on the
Allied Irish Bank conveyancing panel?
Lexsure has not been advised of any intention on the part of the CML to develop such a search facility.
Does the fact that my firm subscribes to LENDERmonitor Alerts assist in my application to join the Allied Irish Bank conveyancing panel?
The requirements to join the Allied Irish Bank conveyancing panel is likely to be fairly detailed and is unlikely to include signing up to LENDERmonitor alerts.
In my capacity as COLP for my firm are there regulatory implications that I should be considering if my firm is withdrawn off the
Allied Irish Bank solicitor panel?
What you should do largely depends on the reason that your firm has been removed off the Allied Irish Bank
conveyancing panel. The top 3 reasons are as
follows:
- lack of transactions
- the lawyer is a sole practitioner
- as part of the HSBC panel reduction.
What type of firms do building societies allow to be on their Conveyancing Panels?
In the same way that there is a unique Allied Irish Bank
conveyancing panel most building societies, operate a conveyancing
panel for solicitors and other conveyancers that the lender will
instruct. Terms and Conditions and criteria for inclusion on a
building society conveyancing panel vary from lender-to-lender. Having
CQS accreditation may be a requirement. Institutional lenders, such
as a building society, is a client and is entitled to instruct the
solicitor or conveyancer of its choosing (who, in turn, is free to
accept or refuse instructions). Therefore, if lender and borrower
cannot agree which solicitor or conveyancer should represent them
jointly, they would usually proceed on a separate representation
basis. The BSA have not published the equivalent of the UK Finance Lenders’ Handbook
Part 3s.
My partners and I run a small firm on the Allied Irish Bank conveyancing panel. Do you have ideas as to how we can market our practice as carrying out conveyancing in Hendon on the Allied Irish Bank panel?
6 people search for a conveyancing practitioner on the Allied Irish Bank panel every 4 weeks in Hendon. Feel free to contact the Lexsure team who will tell how your firm can be identified by those searching for conveyancing in Hendon.
Lockton’s PII renewal form enquires if my practice had been removed off any mortgage panels in the last year.
I just became aware that the firm is no longer on the
Allied Irish Bank solicitor panel? Will that effect my insurance?
Your insurance brokers are your best port of call to address this question.
The chances are that on the basis that you have not been removed for
fraud or negligence reasons that there will be little or no
impact. The main reason why a firm would be removed off of a lender
panel is due to low volume of conveyancing cases although there may be
a number of criteria for Allied Irish Bank solicitor panel
membership. Please remember that it is always important that you
complete your insurance forms accurately.
Our practice is on the
Allied Irish Bank
conveyancing panel and all set to complete a remortgage within the next few weeks. I can not locate a Legal Charge for the client to sign.
Who do I contact at Allied Irish Bank to obtain duplicate documents?
You should contact Allied Irish Bank
to obtain standard documents. The CML Handbook has an express section for banks to establish who to contact to obtain standard documents.
Allied Irish Bank in their Part 2’s state:
It is likely that you will need to quote your Allied Irish Bank conveyancing panel number.
Find a Lawyer on the Allied Irish Bank Conveyancing Panel
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Average number of days to register title including a charge in favour of Allied Irish Bank
This information relates to purchase only and not remortgages.
Year | Days* |
---|---|
2024 | [no data] |
2023 | [no data] |
2022 | [no data] |
2021 | [no data] |
2020 | [no data] |
2019 | [no data] |
* Data aggregated from sources including COMPLETIONmonitor
Other related topics:
- CQS policy templates and procedures for accredited Allied Irish Bank Firms
- Draft Report on Title precedent for Allied Irish Bank borrowers
- Draft Anti Money Laundering PolicyTemplate for Allied Irish Bank panel firms to consider
- Dealing with Lender Policy Template panel for CQS accredited firms on the Allied Irish Bank lender panel
- Buy-to-Let help for Allied Irish Bank
- Consent-to-Let help for Allied Irish Bank
- Contractor Mortgages with Allied Irish Bank