Removal from the RBS (One Account) and other lender panels: Why they do it and how to get reinstated
- Recurring non-compliance with post completion requirements on behalf of RBS (One Account)
- Failure to reapply to be on the RBS (One Account) convincing panel
- RBS (One Account) 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.
- Persistent delays in registering security on behalf of RBS (One Account) Delays or failure to register the RBS (One Account) charge may result in referral to external lawyers of RBS (One Account) to complete outstanding requirements.
- Your practice no longer meets the criteria to remain on the RBS (One Account) conveyancing panel
FAQs : RBS (One Account) Conveyancing panel reinstatement
- Is there a charge to revert back onto the RBS (One Account) conveyancing panel?
- What happens if our RBS (One Account) panel reinstatement application is refused and our client has a mortgage application with the RBS (One Account)?
- What times frames are involved when applying to revert back onto the RBS (One Account) conveyancing panel?
- To what extent is my firm permanently excluded if my firm’s reinstatement panel submission with RBS (One Account) is rejected?
- What is the application protocol to revert back onto the RBS (One Account) conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking RBS (One Account) panel reinstatement is to ensure that your firm is not removed off of the RBS (One Account) 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 RBS (One Account) conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to RBS (One Account) directly or via their preferred 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 RBS (One Account) conveyancing panel.