Removal from the Royal Bank of Scotland -Natwest One and other lender panels: Why they do it and how to get reinstated
- Your law firm no longer meets the criteria to remain on the Royal Bank of Scotland -Natwest One conveyancing panel
- Royal Bank of Scotland -Natwest One may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
- Failure to act in accordance with the Royal Bank of Scotland -Natwest One panel requirements, the written instructions that Royal Bank of Scotland -Natwest One give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Royal Bank of Scotland -Natwest One may subsequently subscribe.
- Recurring delays in post completion requirements on behalf of Royal Bank of Scotland -Natwest One
- Significant delays in registering security on behalf of Royal Bank of Scotland -Natwest One Delays or failure to register the Royal Bank of Scotland -Natwest One charge may result in referral to external lawyers of Royal Bank of Scotland -Natwest One to complete outstanding requirements.
Royal Bank of Scotland -Natwest One panel reinstatement : You have questions, we have answers
- Does my practice need to apply annually to be reinstated on the Royal Bank of Scotland -Natwest One conveyancing panel?
- What are the next steps open to me if our Royal Bank of Scotland -Natwest One panel reinstatement application is declined and our client has a mortgage application with the Royal Bank of Scotland -Natwest One?
- Do any avenues remain open if my firm’s reinstatement panel application with Royal Bank of Scotland -Natwest One is rejected?
- Can you outline the application protocol to be reinstated onto the Royal Bank of Scotland -Natwest One conveyancing panel?
- Is there a charge to revert back onto the Royal Bank of Scotland -Natwest One conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Royal Bank of Scotland -Natwest One panel reinstatement is to ensure that your firm is not removed off of the Royal Bank of Scotland -Natwest One 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 Royal Bank of Scotland -Natwest One conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Royal Bank of Scotland -Natwest One 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 Royal Bank of Scotland -Natwest One conveyancing panel.