Removal from the Royal Bank of Scotland and other lender panels: Why they do it and how to get reinstated
- 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.
- Recurring delays in registering security 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 delays in post completion requirements set by Royal Bank of Scotland
- Failure to act in accordance 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.
- Breaches of Royal Bank of Scotland conveyancing panel requirements
Royal Bank of Scotland panel reinstatement : questions that we get asked
- What is the application process to be reinstated onto the Royal Bank of Scotland conveyancing panel?
- Am I restricted as to the number of occasions my practice can apply to be reinstated on the Royal Bank of Scotland conveyancing panel?
- Is it possible to find out this practice’s application for reinstatement is refused?
- 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 know if our reinstatement application to the Royal Bank of Scotland panel is approved?
- Is there a cost to be reinstated 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.