Removal from the RBS- First Active and other lender panels: Why they do it and how to get reinstated
- Failure to act in accordance with the RBS- First Active panel requirements, the written instructions that RBS- First Active provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which RBS- First Active may subsequently adopt.
- Your firm fails to meet the criteria to remain on the RBS- First Active conveyancing panel
- Recurring delays in post completion requirements on behalf of RBS- First Active
- Breaches of RBS- First Active conveyancing panel Terms and Conditions
- Persistent delays in registering security on behalf of RBS- First Active Delays or failure to register the RBS- First Active charge may result in referral to external lawyers of RBS- First Active to complete outstanding requirements.
Answers to Frequently asked questions concerning RBS- First Active panel reinstatement
- Can we act for RBS- First Active while the appeal for reinstatement on the RBS- First Active panel is being processed? How do I discover if our reinstatement application to the RBS- First Active panel is approved?
- Can we appeal if my firm’s application for reinstatement was refused?
- Please can you set out the application protocol to be reinstated onto the RBS- First Active conveyancing panel?
- How often will this firm be required to re-apply to remain on the RBS- First Active conveyancing panel?
- Is there a limit to the amount of times my firm can apply to get back on the RBS- First Active conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking RBS- First Active panel reinstatement is to ensure that your firm is not removed off of the RBS- First Active 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- First Active conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to RBS- First Active 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- First Active conveyancing panel.