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 Conveyancing Panel Sample Enquires to our Call Center
My IFA has says he needs my lawyer’ panel member for the Ulster Bank conveyancing panel. How do I obtain this. I have called my local Ulster Bank office but they have not responded to me.
You are best placed to get this information from your conveyancing lawyer. They should have a central record lender panel numbers including the Ulster Bank panel reference.
My husband and I intend to remortgage our penthouse with Ulster Bank. We have a son approaching twenty who lives with us. The solicitor on the Ulster Bank conveyancing panel requested us to identify anyone over the age of 17 other than ourselves who lives in the flat. Our lawyer has now e-mailed a document for our son to sign, waiving any legal rights in the event that the apartment is forfeited by the lender. I have two questions (1) Is this document specific to the Ulster Bank conveyancing panel as he did not need to sign this form when we remortgaged 5 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
On the face of it your lawyer has done nothing wrong as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Ulster Bank .This is solely used to protect the Ulster Bank if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave.
It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Ulster Bank had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
Whilst your website is a good idea there are many lawyers listed near Hackney on the Ulster Bank conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the Ulster Bank approved panel?
We do not recommend specific firms 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 am selling my house. Does my solicitor have to be on the Ulster Bank conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Ulster Bank conveyancing panel they can still act for you on your sale. it might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently at the moment.
My wife and I have arranged a further advance on our mortgage from Ulster Bank as we wish to carry out a loft conversion to 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 appoint firms on their conveyancing panel 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 revoke their mortgage offer although this rarely happens. In the unlikely event that Ulster Bank withdraw their offer they may or may not inform you or the lawyer as to the reasons why. There are many potential reasons but here are a few 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
- Many mortgage offers have an expiry date. Your lawyer should check this. Ulster Bank may amend or withdraw an offer before the end of its validation period if an offer extension is requested and following a re-evaluation of the property the value of the security is below a level which is acceptable to them.
- If the borrower informs Ulster Bank of a change in security address
- If the borrower informs Ulster Bank of a change in the loan amount agreed
- Where the Lender’s right to possession is fettered in some way
It is not clear whether my mortgage offer requires a lease extension . I have called Ulster Bank on numerous occasions and was told they are content with the situation and they would lend. My solicitor - who is on the Ulster Bank conveyancing panel- telephoned and was told not they would not lend in accordance with their CML Handbook minimum lease term requirements. Who do I believe?
As long as the conveyancer is on the Ulster Bank panel she or he must comply with the CML Handbook requirements for Ulster Bank. Unless your lawyer obtains specific confirmation in writing that Ulster Bank will go ahead your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask Ulster Bank to contact your lawyer in writing confirming that they will accept the remaining number of years left on the lease.
Other Topics
Transfer of Equity for Ulster BankPlease note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors