Removal from the RBS - Direct Line and other lender panels: Why they do it and how to get reinstated
- RBS - Direct Line 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.
- Significant delays in registering security 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.
- Significant non-compliance with post completion requirements on behalf of RBS - Direct Line
- Failure to act in accordance with the RBS - Direct Line panel terms, the written instructions that RBS - Direct Line give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which RBS - Direct Line may subsequently subscribe.
- Your practice fails to meet the criteria to remain on the RBS - Direct Line conveyancing panel
FAQs : RBS - Direct Line Conveyancing panel reinstatement
- Is it the practice manager who is required to sign the reinstatement application to the RBS - Direct Line panel ?
- What are our options if our reinstatement panel application with RBS - Direct Line is rejected?
- What are the next steps open to me if our RBS - Direct Line panel reinstatement application is declined and our client has a mortgage application with the RBS - Direct Line?
- Can this firm act for RBS - Direct Line while the appeal for reinstatement on the RBS - Direct Line panel is being assessed? How do I find out if our reinstatement application to the RBS - Direct Line panel is accepted?
- How often will this firm be required to re-apply to remain on the RBS - Direct Line conveyancing panel?
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 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 - Direct Line conveyancing panel.