Royal Bank of Scotland -Natwest One Conveyancing Lender Panel Compliance Tool

Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. Supported by the CML and PI insurers. It is a unique risk mitigation tool.

This system optimises the way you can prove to lender panels that you are, and can remain fully compliant with their instructions, with automatic updates on Royal Bank of Scotland -Natwest One’s changes. Notwithstanding that utilising COMPLETIONmonitor is not a condition for acceptance on the Royal Bank of Scotland -Natwest One panel, demonstrating you can remain up to date with Royal Bank of Scotland -Natwest One’s Handbook requirements is an excellent support to your panel application and, more importantly, safeguard your firm’s panel standing.

COMPLETIONmonitor creates real-time alerts, automatically produces COLP and CQS reports, and will improve your firm's efficiency. It is also simply to use, cost-effective and, for some firms, results in a PII saving.

Find a Law Firm approved by Royal Bank of Scotland -Natwest One

Mortgage companies often vary their requirements. The UK Finance Lenders’ Handbook requirements from Royal Bank of Scotland -Natwest One are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently:

A Timeline of Policy Changes


Since 2008, Royal Bank of Scotland -Natwest One has made 202 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 13.5 days. In total, 52% of the sections of P2 of the UK Finance Lenders’ Handbook for Royal Bank of Scotland -Natwest One have been changed since 15/12/2008.

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Royal Bank of Scotland -Natwest One Conveyancing Panel Example Support Desk Enquires from members of the public

Is the fact that my solicitor is not on the Royal Bank of Scotland -Natwest One Conveyancing panel that there is a problem with the quality of the firm’s conveyancing?
That would more than likely be a wrong assumption to make. There are all sorts of perfectly reasonable explanations. A recent report by the solicitors regulator indicated 76% of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) lack of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should simply call the firm and ask them why they are no longer on the approved list for Royal Bank of Scotland -Natwest One.
We are due to exchange on the purchase a house but as a result of damage from the recent storms I have agreed compensation from the seller of £3k approx by way of a reduction in the price. This was going to be dealt with as part of the conveyancing process but my mortgage company Royal Bank of Scotland -Natwest One will not agree to this. Why was Royal Bank of Scotland -Natwest One even consulted?
Your lawyer being on the Royal Bank of Scotland -Natwest One conveyancing panel is duty bound to inform Royal Bank of Scotland -Natwest One of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to Royal Bank of Scotland -Natwest One then they would have to discontinue acting for you and Royal Bank of Scotland -Natwest One.
Is it necessary during the course of the conveyancing process to visit the offices of the Royal Bank of Scotland -Natwest One conveyancing panel solicitor to execute the mortgage deed? If so, I will choose one who does conveyancing in Liverpool so that I can attend their offices if required.
Most conveyancing panel lawyers for Royal Bank of Scotland -Natwest One undertake all of the work via the post, internet or over the phone. This means that they can undertake your Conveyancing Transaction no matter where you live in England or Wales. However you should check if you can still book an appointment to go into appointed conveyancing lawyer if you prefer.
I am in the process of remortgaging my apartment does my lawyer have to be on the Royal Bank of Scotland -Natwest One Conveyancing panel?
In theory, you could use a solicitor that is not on Royal Bank of Scotland -Natwest One conveyancing panel, but Royal Bank of Scotland -Natwest One would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
I have paid off my mortgage with Royal Bank of Scotland -Natwest One. I assume I don't need a solicitor on the Royal Bank of Scotland -Natwest One panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Royal Bank of Scotland -Natwest One mortgage they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Royal Bank of Scotland -Natwest One mortgage from the register. Royal Bank of Scotland -Natwest One,and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage: but are not moving to another property where the Royal Bank of Scotland -Natwest One has sent the Land Registry the discharge electronically, and the Royal Bank of Scotland -Natwest One has instructed the Land Registry to do so The Land Registry will send you a letter confirming that your Royal Bank of Scotland -Natwest One mortgage has been paid off.
Royal Bank of Scotland -Natwest One have agreed my mortgage in principle, my offer on house has been accepted, now what?
The estate agent will want to know who your solicitors are (make sure these solicitors are on the lenders panel). Call up Royal Bank of Scotland -Natwest One or your broker and complete any relevant paperwork. Royal Bank of Scotland -Natwest One will tell you what documents they want. Royal Bank of Scotland -Natwest One will instruct a valuer. The valuer will get in touch with the estate agent or seller to book an appointment. Once conducted (assuming no problems) it takes about week to get a mortgage offer. Royal Bank of Scotland -Natwest One will issue the offer to you and your lawyer. The transaction will then take it’s course according the nature and complexity of the conveyancing.
Sometime soon me and my wife are remortgaging a flat in Hendon. Conveyancing solicitors in Hendon are preferred to begiven the go-ahead. My brokeradvised that we check that the property lawyer in Hendon is on the Royal Bank of Scotland -Natwest One panel. Is this right?
A limited percentage of Hendon conveyancing firms are on the Royal Bank of Scotland -Natwest One conveyancing panel. 8 people a month use our search tool to locate a Hendon conveyancing lawyer on the on the Royal Bank of Scotland -Natwest One solicitors pane.