Removal from the RBS - Direct Line and other lender panels: Why they do it and how to get reinstated
- Non-compliance with the RBS - Direct Line panel terms, the written instructions that RBS - Direct Line provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which RBS - Direct Line may subsequently subscribe.
- Significant delays in registering a charge on behalf of RBS - Direct Line Delays or failure to register the RBS - Direct Line charge may result in referral to external lawyers of RBS - Direct Line to complete outstanding requirements.
- Your practice fails to meet the criteria to remain on the RBS - Direct Line conveyancing panel
- Breaches of RBS - Direct Line conveyancing panel Terms and Conditions
- Persistent non-compliance with post completion requirements set by RBS - Direct Line
Top questions concerning RBS - Direct Line panel reinstatement
- Is it the practice manager who is required to complete the reinstatement application to the RBS - Direct Line panel ?
- What will happen if our RBS - Direct Line panel reinstatement application is declined and our client has a mortgage offer with the RBS - Direct Line?
- Am I restricted as to the amount of times my practice can submit applications to get back on the RBS - Direct Line conveyancing panel?
- Can we act for RBS - Direct Line while the application for reinstatement on the RBS - Direct Line panel is being progressed? How do I know if our reinstatement appeal to the RBS - Direct Line panel is approved?
- To what extent is my firm permanently excluded if my firm’s reinstatement panel application with RBS - Direct Line is rejected?
Top Tip: The best way to avoid the hassle of seeking RBS - Direct Line panel reinstatement is to ensure that your firm is not removed off of the RBS - Direct Line 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 - Direct Line conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to RBS - Direct Line 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 - Direct Line conveyancing panel.