Removal from the Royal Bank of Scotland -Natwest One and other lender panels: Why they do it and how to get reinstated
- 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 provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Royal Bank of Scotland -Natwest One may subsequently adopt.
- Persistent 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.
- Significant non-compliance with post completion requirements set by Royal Bank of Scotland -Natwest One
- Your practice fails to meet the criteria to remain on the Royal Bank of Scotland -Natwest One conveyancing panel
Royal Bank of Scotland -Natwest One panel reinstatement : questions that we get asked
- Does the COLP in my firm need to complete the reinstatement application to the Royal Bank of Scotland -Natwest One panel ?
- What are our options if our reinstatement panel submission with Royal Bank of Scotland -Natwest One is refused?
- Can you outline the application process to revert back onto 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 refused and our client has a mortgage offer with the Royal Bank of Scotland -Natwest One?
- Can we appeal if our application for reinstatement was refused?
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 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 Royal Bank of Scotland -Natwest One conveyancing panel.