Removal from the RBS (One Account) and other lender panels: Why they do it and how to get reinstated
- Recurring delays in registering a charge 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.
- Recurring delays in post completion requirements on behalf of RBS (One Account)
- Breaches of RBS (One Account) conveyancing panel requirements
- Failure to reapply to be on the RBS (One Account) convincing panel
- Your law firm fails to meet the criteria to remain on the RBS (One Account) conveyancing panel
RBS (One Account) Conveyancing Panel Reinstatement: Common Questions
- What will happen if our RBS (One Account) panel reinstatement application is refused and the client of the firm has a mortgage offer with the RBS (One Account)?
- Do any avenues remain open if my firm’s reinstatement panel submission with RBS (One Account) is rejected?
- How do I discover why my firm’s application for reinstatement was declined?
- What times frames are involved when applying to revert back onto the RBS (One Account) conveyancing panel?
- Does the COLP in my firm need to sign the reinstatement application to the RBS (One Account) 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.