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 requirements
- Non-compliance with the Royal Bank of Scotland panel terms, the written instructions that Royal Bank of Scotland give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Royal Bank of Scotland may subsequently adopt.
- Your firm fails to meet the criteria to remain on the Royal Bank of Scotland conveyancing panel
- 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.
- Missing deadline to reapply to be on the Royal Bank of Scotland convincing panel
Royal Bank of Scotland panel reinstatement : You have questions, we have answers
- Is there a limit to the number of times my firm can apply to get back on the Royal Bank of Scotland conveyancing panel?
- What are our options if our reinstatement panel application with Royal Bank of Scotland is refused?
- Is there a charge to be reinstated onto the Royal Bank of Scotland conveyancing panel?
- What times frames are involved when applying to revert back onto the Royal Bank of Scotland conveyancing panel?
- What will happen if our Royal Bank of Scotland panel reinstatement application is turned down and the client of the firm has a mortgage offer with the Royal Bank of Scotland?
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.