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Removal from the RBS (One Account) and other lender panels: Why they do it and how to get reinstated

  • Missing deadline to reapply to be on the RBS (One Account) convincing panel
  • Breaches of RBS (One Account) conveyancing panel requirements
  • Significant 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 law firm fails to meet the criteria to remain on the RBS (One Account) conveyancing panel
  • Failure to act in accordance with the RBS (One Account) panel terms, the written instructions that RBS (One Account) provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which RBS (One Account) may subsequently subscribe.
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reinstatement guidance

RBS (One Account) panel reinstatement: Five Common Questions

  • Can we appeal if our application for reinstatement is rejected?
  • Is there a charge to revert back onto the RBS (One Account) conveyancing panel?
  • Who should sign the reinstatement application to the RBS (One Account) panel ?
  • Does my practice need to apply annually to be reinstated on the RBS (One Account) conveyancing panel?
  • What is the application procedures 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.

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