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.
- 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.
- Persistent non-compliance with post completion requirements set by RBS- First Active
- Your practice no longer meets the criteria to remain on the RBS- First Active conveyancing panel
- Breaches of RBS- First Active conveyancing panel Terms and Conditions
Answers to Frequently asked questions concerning RBS- First Active panel reinstatement
- Am I restricted as to the amount of occasions my firm can submit applications to get back on the RBS- First Active conveyancing panel?
- Is it the practice manager who is required to complete the reinstatement application to the RBS- First Active panel ?
- Is there a fee to be reinstated onto the RBS- First Active conveyancing panel?
- What are our options if my firm’s reinstatement panel application with RBS- First Active is declined?
- What times frames are involved when applying to revert back onto 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.