Find a Law Firm
approved by AIB
Ready to buy a new home? Failing to check that a lawyer is on the AIB 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 Allied Irish Bank (GB), a trading name of AIB Group (UK) Conveyancing Panel? How can my firm be reinstated onto the Allied Irish Bank (GB), a trading name of AIB Group (UK) Conveyancing Panel?Find an Approved Solicitor on the Allied Irish Bank (GB), a trading name of AIB Group (UK) Conveyancing Panel
Common questions asked concerning the Allied Irish Bank Conveyancing Panel
My partner and I are FTBs. Within the 48 hours our conveyancer has sent a preliminary report and documents to look through with a view to exchanging next week. Allied Irish Bank have this morning contacted us to inform me that there is now an issue as our solicitor is not on their approved list of lawyers. What do we do from here?
If you are buying a property with the assistance of a mortgage it is usual for the purchaser's solicitors to also act for the purchaser's lender.
In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Quality Scheme. Your solicitors should contact Allied Irish Bank and see if they can apply for membership of the Allied Irish Bank conveyancing panel, but if that is not viable Allied Irish Bank will instruct their own solicitors to act. You don't have to instruct a firm on the Allied Irish Bank conveyancing panel as you are at liberty to use your preferred lawyers, in which case your legal fees may increase, and it will likely delay the transaction as you have another set of people involved.
I am purchasing a new build apartment and my lawyer is telling me that she has to reveal incentives from the builder as her firm is on the Allied Irish Bank conveyancing panel. The Estate Agents are hassling me to exchange and I dont want to delay matters. Can I insist on an exchange regardless of what my lawyer says about being on the Allied Irish Bank panel?
You should not exchange unless you have advised to do so by your lawyer. A precondition to being on the Allied Irish Bank approved panel is to comply with the CML Handbook requirements (last updated for this lender on Allied Irish 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.
I have checked your search tool I can't find the lawyer I was hoping to instruct as being on the Allied Irish Bank conveyancing panel. My lawyer has said that they are on the Allied Irish 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 Allied Irish 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 Allied Irish Bank solicitor panel.
I was scheduled to move into my dream home last Friday. My solicitor is on the Allied Irish Bank solicitors panel but has changed address in the past couple of months and had not informed Allied Irish Bank of their new address. Allied Irish 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 Allied Irish Bank branch or your mortgage broker to see if they can assist.
I am about to exchange contracts on a purchase with a mortgage from Allied Irish Bank. The report from my solicitor mentions that Allied Irish Bank could withdraw their offer before completion. Is this right?
Banks and Building Societies such as Allied Irish Bank can revoke their mortgage offer although this rarely happens. In the unlikely event that Allied Irish Bank withdraw their offer they may or may not inform you or the lawyer as to their reasoning. There are various possible reasons but here are a few examples:
- If the financial circumstances of the borrower have changed to the detriment and the Allied Irish Bank has been notified
- Where the purchase price and borrowers direct contribution differ to details on the mortgage application form completed by the borrower
- Following advice from the valuer on their lender panel or If the lender has doubts about the effectiveness of the valuation as a result of subsequent events or information received post valuation but pre completion
- Where the lender has to take account a recent change in taxation
- If the lender reasonably believe that the applicant, borrower, mortgagor or guarantor is insolvent or is about to become insolvent or has or will have a petition presented or if any one or all enter into any arrangement with their creditors generally or if any one or all should suffer a material change in their financial circumstances
I'm in the process of viewing apartments and am about to put in an offer. Is it best to have a conveyancer on ‘stand by’? I intend to finance via a home loan with Allied Irish Bank
You should start obtaining conveyancing quotes from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their details on the the estate agent. As you are getting a mortgage with Allied Irish Bank , make sure you remember to check that your lawyer is on the Allied Irish Bank conveyancing panel.
I am selling my flat. I had a double glazing fitted in month 2010 but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Allied Irish Bank are being pedantic. The solicitor who is on the Allied Irish Bank conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Allied Irish Bank are requiring a building regulation certificate. Why do Allied Irish Bank have a conveyancing panel of they don’t accept advice from them?
It is probably the case that Allied Irish Bank have referred the matter to their valuer. The reason why Allied Irish Bank may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing correctly and safely installed. It merely protects against enforcement action which is very unlikely anyway.
Other Topics
Transfer of Equity for Allied Irish BankPlease note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors