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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.
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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
Frequently asked questions relating to the Allied Irish Bank Solicitor Panel
The lawyer I wanted to use for conveyancing on a purchase said she would charge more if my mortgage is with Allied Irish Bank due to their unusual legal requirements. Am I likely to be frustrated using Allied Irish Bank? Any comments will be appreciated
Allied Irish Bank conveyancing requirements for their panel are no better or no more complicated than most lenders.
It is the case now the CML Handbook, the "bible" used by solicitors to establish lender requirements, is different for each lender.
It is not clear if your lawyer is on the Allied Irish Bank conveyancing panel. If they are not, this does add further risk of delay as Allied Irish Bank will appoint their own solicitors to look after their interest.
My son is about to exchange on a house that has just been built with a mortgage from Allied Irish Bank. His solicitor has said that there is a delay in completing the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The form is intended to provide information to the main parties engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Allied Irish Bank conveyancing panel as a standard part of the process, and to the surveyor when asked.
The Developer will be required to start the process by downloading the form and completing it.
The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Allied Irish Bank conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I am buying a house and need a conveyancing solicitor in Newcastle who is on the Allied Irish Bank solicitor. Could you point me in the right direction as regards a firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Allied Irish Bank . We don’t recommend any particular firm.
My lawyers in Liverpool have advised me that they can not locate my conveyancing file. To assist with my purchase I took out a mortgage with Allied Irish Bank. Is it case that being on the Allied Irish Bank conveyancing panel they need to have retained the file for a number of years?
Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the Allied Irish Bank Conveyancing Panel Terms. It might be worth you contacting Allied Irish Bank directly.
We expect to receive a DIP from Allied Irish Bank this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc).Do the Allied Irish Bank recommend a solicitor on the Allied Irish Bank conveyancing panel, or is it better to find our own lawyer
You will need to appoint solicitors independently although you'll need to choose one on the Allied Irish Bank conveyancing panel. The solicitor represents both you and the Allied Irish Bank through the process.
For 5 years I had a mortgage with Allied Irish Bank. My godfather has just retired and wants to pay off my mortgage. After Allied Irish Bank is paid, I want to transfer the property to my mother's name; How long will it roughly take? Do we need two separate solicitors on the Allied Irish Bank conveyancing panel? I do not intend to live at the property once the Allied Irish Bank mortgage is discharged.
Although you do need to retain the services of a lawyer they dont
need to be on the Allied Irish Bank panel.
You will need a solicitor to draw up the transfer and
to deal with the Land Registry formalities. The only thing you need to
consider is that by selling at an undervalue so ask your lawyer about
the implications. There could be an inheritance tax issue if you die
within 7 years of this. There's no capital gains tax for you as it is
your main residence.
Sometime soon me and my wife are purchasing a house in Hendon. Conveyancing solicitors in Hendon will soon begiven the go-ahead. My fathersuggested that we check that the solicitor in Hendon is on the Allied Irish Bank panel. Aren't all lawyers on the Allied Irish Bank panel?
It is not that case that all Hendon conveyancing firms are on the Allied Irish Bank conveyancing panel. 5 people a month use our search tool to locate a Hendon conveyancing practitioner on the on the Allied Irish Bank approved list of lawyers.
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Transfer of Equity for Allied Irish BankPlease note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors