Bank of Ireland Mortgages Conveyancing Panel Information

The CML do not keep historic copies of the Part 2's Pre January 2011. We would recommend you contact Bank of Ireland Mortgages directly.

There are many reports available, five of which are as follows:

• The percentage of the firm’s business which is conveyancing (broken down into sale/purchase and remortgage)
• Buy to Let transactions
• Current and historic missed priority dates
• Average time frame to send deeds to the lender (calculated from completion date or title registration)
• Average mortgage advance

Given that your practice in is on the Bank of Ireland Mortgages conveyancing panel and you are instructed by them in relation to a leasehold property, you must report to them if it becomes apparent that the landlord is either absent or insolvent. If Bank of Ireland Mortgages are to lend, they may require indemnity insurance. In any event,you will need to check Bank of Ireland Mortgages’s specific requirements. Notwithstanding whether Bank of Ireland Mortgages will lend in such circumstances you still need to advise the borrower (unless you are acting for Bank of Ireland Mortgages alone) as to the risks of buying a property with an insolvent or absentee freeholder.

The best placed professionals to answer this question are your insurance brokers. 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 Bank of Ireland Mortgages solicitor panel membership. Please remember that it is always important that you complete your insurance forms accurately.

You should contact Bank of Ireland Mortgages to obtain standard documents. The CML Handbook contains an individual inquiry for lenders to set out who to contact to obtain standard documents. Bank of Ireland Mortgages in their Part 2’s state: Don’t forget to quote your Bank of Ireland Mortgages solicitors panel reference.