Removal from the RBS- First Active and other lender panels: Why they do it and how to get reinstated

  • Missing deadline to reapply to remain on the RBS- First Active convincing panel
  • Failure to act in accordance 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.
  • Persistent delays in post completion requirements on behalf of RBS- First Active
  • Significant 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.
  • Breaches of RBS- First Active conveyancing panel Terms and Conditions

RBS- First Active Conveyancing Panel Reinstatement: Common Questions

  • Is there a charge to be reinstated onto the RBS- First Active conveyancing panel?
  • Please can you set out the application protocol to be reinstated onto 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 the door firmly shut if our reinstatement panel application with RBS- First Active is declined?
  • Am I restricted as to the amount of times my firm can submit applications 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.

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