Removal from the RBS - Direct Line One and other lender panels: Why they do it and how to get reinstated
- RBS - Direct Line One may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
- Persistent delays in post completion requirements on behalf of RBS - Direct Line One
- Breaches of RBS - Direct Line One conveyancing panel requirements
- Significant delays in registering a charge on behalf of RBS - Direct Line One Delays or failure to register the RBS - Direct Line One charge may result in referral to external lawyers of RBS - Direct Line One to complete outstanding requirements.
- Non-compliance with the RBS - Direct Line One panel requirements, the written instructions that RBS - Direct Line One provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which RBS - Direct Line One may subsequently subscribe.
RBS - Direct Line One panel reinstatement : questions that we get asked
- Is there a limit to the number of times my practice can submit applications to get back on the RBS - Direct Line One conveyancing panel?
- Does the COLP in my firm need to complete the reinstatement application to the RBS - Direct Line One panel ?
- How long does the application process take when applying to revert back onto the RBS - Direct Line One conveyancing panel?
- What are the consequences if our RBS - Direct Line One panel reinstatement application is turned down and our client has a mortgage offer with the RBS - Direct Line One?
- Can we appeal if our application for reinstatement is rejected?
Top Tip: The best way to avoid the hassle of seeking RBS - Direct Line One panel reinstatement is to ensure that your firm is not removed off of the RBS - Direct Line One conveyancing panel in the first place.
Note: Subject to certain conditions Lexsure’s experts or consultants can assist in providing you with guidance for reinstatement onto the RBS - Direct Line One conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to RBS - Direct Line One directly or via their preferred panel manager. Any reinstatement application will have to be made by your firm. For the avoidance of doubt, Lexsure (or the Conveycentric Team) are in no way involved in managing the RBS - Direct Line One conveyancing panel.