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.
- Failure to act in accordance with the RBS - Direct Line panel requirements, 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 adopt.
- Missing deadline to reapply to remain on the RBS - Direct Line convincing panel
- Significant non-compliance with post completion requirements set by RBS - Direct Line
- Your law firm fails to meet the criteria to remain on the RBS - Direct Line conveyancing panel
RBS - Direct Line Conveyancing Panel Reinstatement: Common Questions
- Can we appeal if this practice’s application for reinstatement is refused?
- Is there a charge to revert back onto the RBS - Direct Line conveyancing panel?
- What times frames are involved when applying to be reinstated onto the RBS - Direct Line conveyancing panel?
- To what extent is my firm permanently excluded if my firm’s reinstatement panel submission with RBS - Direct Line is declined?
- Who should sign the reinstatement application to the RBS - Direct Line 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.