Removal from the RBS- First Active and other lender panels: Why they do it and how to get reinstated
- Recurring 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.
- Non-compliance with the RBS- First Active panel requirements, the written instructions that RBS- First Active give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which RBS- First Active may subsequently adopt.
- RBS- First Active may terminate membership of its conveyancing panel where a firm provides false answers in its application form or in relation to any future requests for information.
- Missing deadline to reapply to remain on the RBS- First Active convincing panel
- Recurring delays in post completion requirements on behalf of RBS- First Active
RBS- First Active panel reinstatement : questions that we get asked
- Is there a fee to be reinstated onto the RBS- First Active conveyancing panel?
- Is the door firmly shut if our reinstatement panel submission with RBS- First Active is rejected?
- How often will this firm be required to re-apply to be reinstated on the RBS- First Active conveyancing panel?
- Can we appeal if this practice’s application for reinstatement is refused?
- Can we act for RBS- First Active while the appeal for reinstatement on the RBS- First Active panel is being assessed? How do I discover if our reinstatement application to the RBS- First Active panel is approved?
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 appointed 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.