Removal from the Royal Bank of Scotland and other lender panels: Why they do it and how to get reinstated
- Failure to reapply to remain on the Royal Bank of Scotland convincing panel
- Failure to act in accordance with the Royal Bank of Scotland panel requirements, 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 adopt.
- Your law firm fails to meet the criteria to remain on the Royal Bank of Scotland conveyancing panel
- Significant non-compliance with post completion requirements on behalf of Royal Bank of Scotland
- Breaches of Royal Bank of Scotland conveyancing panel requirements
Royal Bank of Scotland panel reinstatement : You have questions, we have answers
- Does the COLP in my firm need to complete the reinstatement application to the Royal Bank of Scotland panel ?
- How long does the application process take when applying to be reinstated onto the Royal Bank of Scotland conveyancing panel?
- Is there a fee to be reinstated onto the Royal Bank of Scotland conveyancing panel?
- Can we act for Royal Bank of Scotland while the appeal for reinstatement on the Royal Bank of Scotland panel is being progressed? How do I discover if our reinstatement appeal to the Royal Bank of Scotland panel is accepted?
- Am I restricted as to the number of times my practice can submit applications to be reinstated on the Royal Bank of Scotland conveyancing panel?
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.