Removal from the Royal Bank of Scotland and other lender panels: Why they do it and how to get reinstated
- Failure to act in accordance with the Royal Bank of Scotland panel terms, 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.
- Missing deadline to reapply to be on the Royal Bank of Scotland convincing panel
- 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.
- Breaches of Royal Bank of Scotland conveyancing panel Terms and Conditions
- Significant delays in post completion requirements on behalf of Royal Bank of Scotland
FAQs : Royal Bank of Scotland Conveyancing panel reinstatement
- What times frames are involved when applying to revert back onto the Royal Bank of Scotland conveyancing panel?
- What are the consequences if our Royal Bank of Scotland panel reinstatement application is turned down and the client of the firm has a mortgage application with the Royal Bank of Scotland?
- What are our options if our reinstatement panel submission with Royal Bank of Scotland is rejected?
- What is the application process to revert back onto the Royal Bank of Scotland conveyancing panel?
- How often will this firm be required to re-apply 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.