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

  • Breaches of RBS (One Account) conveyancing panel Terms and Conditions
  • 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.
  • Failure to reapply to be on the RBS (One Account) convincing panel
  • Non-compliance with the RBS (One Account) panel terms, 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 adopt.
  • Recurring non-compliance with post completion requirements set by RBS (One Account)

Answers to Frequently asked questions concerning RBS (One Account) panel reinstatement

  • Can this firm act for RBS (One Account) while the appeal for reinstatement on the RBS (One Account) panel is being progressed? How do I find out if our reinstatement appeal to the RBS (One Account) panel is approved?
  • How often will this firm be required to re-apply to remain on the RBS (One Account) conveyancing panel?
  • How do I discover why our application for reinstatement is rejected?
  • Can you outline the application process to revert back onto the RBS (One Account) conveyancing panel?
  • Is there a fee to be reinstated 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 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 RBS (One Account) conveyancing panel.

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