Removal from the RBS (One Account) and other lender panels: Why they do it and how to get reinstated
- 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.
- Failure to reapply to remain on the RBS (One Account) convincing panel
- Recurring delays in post completion requirements set by RBS (One Account)
- Breaches of RBS (One Account) conveyancing panel requirements
- Failure to act in accordance with the RBS (One Account) panel requirements, the written instructions that RBS (One Account) give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which RBS (One Account) may subsequently subscribe.
RBS (One Account) panel reinstatement : You have questions, we have answers
- What are our options if my firm’s reinstatement panel submission with RBS (One Account) is turned down?
- What is the application procedures to revert back onto the RBS (One Account) conveyancing panel?
- Is there a cost to revert back onto the RBS (One Account) conveyancing panel?
- Can this firm act for RBS (One Account) while the appeal for reinstatement on the RBS (One Account) panel is being assessed? How do I discover if our reinstatement application to the RBS (One Account) panel is approved?
- Is there a limit to the number of occasions my firm can submit applications to get back on 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.