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

Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. Supported by the Council of Mortgage Lenders and professional indemnity insures. COMPLETIONmonitor is a unique risk mitigation tool.

This system assists the way you can demonstrate to lender panels that you are, and can remain fully compliant with their requirements, with alerts on Royal Bank of Scotland -Natwest One’s changes. While using COMPLETIONmonitor is not a condition for being on the Royal Bank of Scotland -Natwest One panel, demonstrating you can stay up to date with Royal Bank of Scotland -Natwest One’s Handbook requirements is an excellent support to your panel application and, more importantly, protect your panel status.

COMPLETIONmonitor creates real-time alerts, automatically produces SRA and CQS reports, and will enhance your firm's efficiency. It is also user friendly, cost-effective and, for some firms, leads to reduced PII premiums.

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

Banks and building societies 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 201 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 13.6 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.

To find out more about lender panel compliance,

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Recent Changes Include

# Date Assoc. Changes Related To
6.7.1 10/10/2019 CML
5.7.1a 02/12/2016 CML
6.7.1 23/08/2016 CML
5.19.1 19/07/2016 CML
10.2b 05/07/2016 CML
16.3.1 31/05/2016 CML
6.14.1 30/11/2015 CML
6.7.1 25/08/2015 CML
6.7.4 13/01/2015 CML
6.14.1 04/12/2014 CML

Last update 21/01/2020

Q and A’s regarding the Royal Bank of Scotland -Natwest One Conveyancing Panel from members of the public

For what reasons would a firm of solicitors be removed from the Royal Bank of Scotland -Natwest One solicitor panel?
A survey recently commissioned by the Solicitors Regulatory Authority found that three quarters of solicitor practices had been excluded from a lender panel. The most common reasons in order 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. We are not aware of the specific or common criteria for removal by 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.
I have been looking for conveyancing quotes online. Can I be sure that all the practices that are identified on your site are on the Royal Bank of Scotland -Natwest One conveyancing panel?
The solicitor and licensed conveyancing practices on our directory have advised us that they are on the Royal Bank of Scotland -Natwest One panel and agreed to advise us to take down their listing in the event of removal off of the Royal Bank of Scotland -Natwest One panel. To date we have not been informed by either a lender or a member of the public that the data about a specific firm being on the Royal Bank of Scotland -Natwest One conveyancing panel is incorrect.
My lawyers in Newcastle have advised me that no longer have my conveyancing file. At the time of my purchase I took out a mortgage with Royal Bank of Scotland -Natwest One. Is it case that being on the Royal Bank of Scotland -Natwest One conveyancing panel they need to have retained the file for a number of years?
It very much depends from lender to lender but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the Royal Bank of Scotland -Natwest One Conveyancing Panel Terms. It might be worth you contacting Royal Bank of Scotland -Natwest One directly.
Is there a list of Royal Bank of Scotland -Natwest One panel conveyancers on the CML Handbook Website?
No. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. Very few lenders make their panel listings available online.
I have had an offer accepted on a apartment I spoke to a conveyancer recommended by my mum and he advised using a solicitor approved by Royal Bank of Scotland -Natwest One. The estate agent recommended two local firms so I asked Royal Bank of Scotland -Natwest One if the 2 suggested solicitors are approved, which they are not. Royal Bank of Scotland -Natwest One suggested that either practice can fill out the appropriate forms to become approved. Do I (1) save myself the aggravation and use one of Royal Bank of Scotland -Natwest One 's conveyancing panel solicitors (2) Use the local solicitor and accept there may be delays etc as they go through the approval process.
Ask Royal Bank of Scotland -Natwest One to suggest a law firm in your location. Lenders have them all over the country. You can also use our search tool at the top of this page to search for a lawyer on the Royal Bank of Scotland -Natwest One conveyancing panel based on location. If you particularly like the sound of one of the local lawyers that you have spoken to ask them if they would go onto Royal Bank of Scotland -Natwest One conveyancing panel as it may only take about 2-3 weeks. As long as they meet Royal Bank of Scotland -Natwest One’s requirements it can be a very simple job for the solicitor. Other stuff will be going on in parallel (as you are at an early stage) so it may not delay matters.
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.