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.
- 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.
- Failure to reapply to be on the Royal Bank of Scotland convincing panel
- Breaches of Royal Bank of Scotland conveyancing panel requirements
- Persistent non-compliance with post completion requirements on behalf of Royal Bank of Scotland
Royal Bank of Scotland panel reinstatement : You have questions, we have answers
- What is the application procedures to revert back onto the Royal Bank of Scotland conveyancing panel?
- Can we act for Royal Bank of Scotland while the appeal for reinstatement on the Royal Bank of Scotland panel is being processed? How do I find out if our reinstatement application to the Royal Bank of Scotland panel is accepted?
- Does the COLP in my firm need to sign the reinstatement application to the Royal Bank of Scotland panel ?
- What times frames are involved when applying to be reinstated onto the Royal Bank of Scotland conveyancing panel?
- Can we appeal if our application for reinstatement was refused?
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.