Q and A’s regarding the Ulster Bank Solicitor Panel from members of the public
My financial adviser has says he needs my lawyer’ panel member for the Ulster Bank conveyancing panel. Can you suggest how I find this out. I have contacted my local Ulster Bank office but they have not responded to me.
Have you tried speaking to your lawyer about this?. They should have a central record lender panel numbers including the Ulster Bank panel reference.
Our lawyer is asking me for identification documents asserting that this is part of his retainer as a solicitor on the Ulster Bank Solicitor panel. Am I being spun a yarn?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing business. The Client Care letter that you need to sign will no doubt confirm this. Your lawyer is right that Ulster Bank also require certain documents to be viewed. If a you refuse to provide ID verification documents, your conveyancer would not be able to accept instructions from you. Your lawyer also has obligations to obtain certain documents in accordance with Ulster Bank CML Handbook requirements last updated on Ulster Bank
How do I search for a local solicitor on the Ulster Bank conveyancing panel? I have a car and am prepared to travel up to 25 miles to meet the lawyer.
Feel free to make use of the find a conveyancing panel tool on this website. Please choose the lender and your location and you will see a number of lawyer located nearest you. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the Ulster Bank solicitor panel.
I am trying to get my ex-husband taken off the mortgage deeds. Can Ulster Bank really tell me which solicitor I can or can not instruct?
You can use any solicitor you like but Ulster Bank then has the right to appoint a different solicitor to act for them at your expense. It might be more cost effective and quicker to instruct a lawyer who is on the Ulster Bank solicitors panel
We have had an offer accepted on a flat I spoke to a conveyancer previously used by my uncle and he suggested retaining a law firm approved by Ulster Bank. The estate agent recommended two local firms so I asked Ulster Bank if the 2 suggested solicitors are approved, which they are not. Ulster Bank pointed out that either firm can fill out the appropriate forms to become approved. Do I (1) save myself the aggravation and use one of Ulster Bank 's conveyancing panel solicitors (2) Use the local solicitor and accept there may be delays etc as they go through the approval process.
Ask Ulster Bank to suggest a law firm in your location. Most banks have lawyers on their panel throughout the UK. You can also use our search tool at the top of this page to search for a lawyer on the Ulster Bank conveyancing panel based on location. If you particularly like the sound of one of the local lawyers that you have spoken to ask them if they would go onto Ulster Bank conveyancing panel as it may only take about 2-3 weeks. As long as they meet Ulster Bank’s requirements it can be a very simple job for the solicitor. Other stuff will be going on in parallel (as you are at an early stage) so it may not delay matters.
My offer was accepted on a house on the 17th January 2014, valuation was booked five days after, all came back fine. Solicitor retained, so all that was missing was my mortgage offer. Having made daily calls to Ulster Bank and chasing them on my offer I have now been told that my offer will not be issued unless the lawyer is on the Ulster Bank conveyancing panel. Can the lender hold off the offer?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Ulster Bank to deal with your lawyers application to be on the Ulster Bank conveyancing panel. There's no guarantee that your solicitors will be accepted.
I have instructed a lawyer having made sure that they are on the Ulster Bank conveyancing panel. Does my lawyer arrange the survey of the property?
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I've read lots of mortgage guides,I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my solicitor - who is on the Ulster Bank conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
Ulster Bank will need an independent valuation of the property. Your lawyer will not arrange this. Usually Ulster Bank will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey.
You may wish to consider appointing your own surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
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Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by postcode. As you are getting a mortgage with Ulster Bank you could contact your them to see if they have a list of approved surveyors.