Removal from the Royal Bank of Scotland and other lender panels: Why they do it and how to get reinstated

  • Non-compliance with the Royal Bank of Scotland panel terms, the written instructions that Royal Bank of Scotland provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Royal Bank of Scotland may subsequently subscribe.
  • Missing deadline to reapply to be on the Royal Bank of Scotland convincing panel
  • Your firm no longer meets the criteria to remain on the Royal Bank of Scotland conveyancing panel
  • Significant non-compliance with post completion requirements set by Royal Bank of Scotland
  • Breaches of Royal Bank of Scotland conveyancing panel Terms and Conditions

Royal Bank of Scotland panel reinstatement: Five Common Questions

  • Can we act for Royal Bank of Scotland while the application for reinstatement on the Royal Bank of Scotland panel is being assessed? How do I know if our reinstatement application to the Royal Bank of Scotland panel is accepted?
  • What will happen if our Royal Bank of Scotland panel reinstatement application is refused and our client has a mortgage offer with the Royal Bank of Scotland?
  • Is it possible to find out this practice’s application for reinstatement is refused?
  • Is there a cost to revert back onto the Royal Bank of Scotland conveyancing panel?
  • Do any avenues remain open if our reinstatement panel application with Royal Bank of Scotland is refused?

Top Tip: The best way to avoid the hassle of seeking Royal Bank of Scotland panel reinstatement is to ensure that your firm is not removed off of the Royal Bank of Scotland 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 conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Royal Bank of Scotland 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 conveyancing panel.

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