Removal from the Royal Bank of Scotland and other lender panels: Why they do it and how to get reinstated
- Breaches of Royal Bank of Scotland conveyancing panel Terms and Conditions
- Recurring delays in registering a charge on behalf of Royal Bank of Scotland Delays or failure to register the Royal Bank of Scotland charge may result in referral to external lawyers of Royal Bank of Scotland to complete outstanding requirements.
- Significant non-compliance with post completion requirements set by Royal Bank of Scotland
- Royal Bank of Scotland 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.
- Non-compliance 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 subscribe.
Questions Royal Bank of Scotland panel reinstatement firms ask us
- Is it possible to find out my firm’s application for reinstatement was refused?
- Is it the practice manager who is required to sign 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?
- Does my practice need to apply annually to be reinstated on the Royal Bank of Scotland conveyancing panel?
- Is there a charge to revert back onto 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.