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
- Missing deadline to reapply to be on the Royal Bank of Scotland convincing panel
- Non-compliance with the Royal Bank of Scotland panel requirements, 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.
- Persistent 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.
- Royal Bank of Scotland 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.
Royal Bank of Scotland panel reinstatement: Five Common Questions
- Who should complete the reinstatement application to the Royal Bank of Scotland panel ?
- Can this firm 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 approved?
- 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?
- Is there a charge to revert back onto the Royal Bank of Scotland conveyancing panel?
- Do any avenues remain open if my firm’s reinstatement panel application with Royal Bank of Scotland is turned down?
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.