Removal from the RBS- First Active and other lender panels: Why they do it and how to get reinstated
- Recurring delays in registering a charge 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.
- 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 practice no longer meets the criteria to remain on the RBS- First Active conveyancing panel
- Missing deadline to reapply to be on the RBS- First Active convincing panel
- Breaches of RBS- First Active conveyancing panel requirements
RBS- First Active panel reinstatement : You have questions, we have answers
- How long does the application process take when applying to be reinstated onto the RBS- First Active conveyancing panel?
- How do I discover why our application for reinstatement is turned down?
- Is there a cost to revert back onto the RBS- First Active conveyancing panel?
- Does my practice need to apply annually to remain on the RBS- First Active conveyancing panel?
- Am I restricted as to the number of times my firm can apply to be reinstated 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 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.