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

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

This software facilitates the way you can prove to lender panels that you are, and can stay fully compliant with their instructions, with automatic updates on Royal Bank of Scotland -Natwest One’s changes. While utilising the tool is not a prerequisite for Royal Bank of Scotland -Natwest One , demonstrating you can stay up to date with Royal Bank of Scotland -Natwest One’s Handbook requirements is a helpful support to your application to their lender panel and, just as 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 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

Lenders frequently change 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 197 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 13.9 days. In total, 51% 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
16.3.1 31/05/2016 CML
Transfer of Equity
The Royal Bank of Scotland plc Natwest One Account clarification as to whether they have a standard form of Transfer of Equity/Deed of Covenant?
6.7.1 12/02/2016 CML
New Build Conveyancing
The Royal Bank of Scotland plc Natwest One Account approved conveyancer requirements for New Build Conveyancing : Home Warranty Schemes
6.7.1 17/11/2015 CML
New Build Conveyancing
The Royal Bank of Scotland plc Natwest One Account panel conveyancer requirements for New Build Conveyancing : Home Warranty Schemes
6.7.1 25/08/2015 CML
New Build Conveyancing
The Royal Bank of Scotland plc Natwest One Account approved conveyancer requirements for New Build Conveyancing : Home Warranty Schemes
3.1.6 01/12/2014 CML
verification of identity
6.14.1a 01/12/2014 CML
contact point if property is not insured in accordance with lender requirement
6.14.2 01/12/2014 CML
requirement that all insurance risks are included
6.14.3 01/12/2014 CML
notification of non-renewal/cancellation for buildings insurance policy
6.14.4 01/12/2014 CML
sending a copy of the buildings insurance policy and last premium
10.7 24/09/2014 CML
Mortgage Advance and Certificate of Title
In the event of a delayed completion, when and how is advance to be returned to The Royal Bank of Scotland plc Natwest One Account by the approved lawyer?

Last update 26/05/2019

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

I would like to know the reason why all UK lawyers aren't included on the Royal Bank of Scotland -Natwest One Solicitor panel?
Royal Bank of Scotland -Natwest One and other banks normally imposes restrictions either the type or the number of conveyancing firms on their panel. A common example of such restriction(s) being that a firm must have two or more partners. In addition to restricting the type of firm, some have decided to limit the number of firms they use to represent them. You should note that Royal Bank of Scotland -Natwest One have no responsibility for the quality of advice provided by any member of Royal Bank of Scotland -Natwest One Conveyancer Panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels a few years ago and whilst there are differing views about the extent of solicitor involvement in some of that fraud. Statistics from the Land Registry reveal that thousands of law firms only carry out one or two conveyances a year. Those supporting conveyancing panel cuts ask why law firms should have the right to be on a Lender panel when clearly, Conveyancing is not their speciality? To put it another way; would you want a conveyancing solicitor to represent you if you were charged with a crime; probably not.
My solicitor has discovered a difference when comparing the assumptions in Royal Bank of Scotland -Natwest One’s valuation report and what is in the legal papers for the property. My lawyer says that as he is on the Royal Bank of Scotland -Natwest One conveyancing panel he is obliged to check that the lender is with this discrepancy and is content go ahead. Is my conveyancer’s course or action legitimate?
A precondition to being on the Royal Bank of Scotland -Natwest One approved panel is to comply with the CML Handbook requirements (last updated for this lender on Royal Bank of Scotland -Natwest One) which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
I am planning to acquire a house and require a conveyancing solicitor in Birmingham who is on the Royal Bank of Scotland -Natwest One conveyancing. Can you recommend a local conveyancing firm?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Royal Bank of Scotland -Natwest One . We don’t recommend any particular firm.
I am buying a right to buy flat and getting a mortgage with Royal Bank of Scotland -Natwest One. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the Royal Bank of Scotland -Natwest One conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to made in you doing to conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on the Royal Bank of Scotland -Natwest One conveyancing panel in your location.
How can we tell if a solicitor on the Royal Bank of Scotland -Natwest One panel is any good?
seeking recommendations is a sensible start. Before you go ahead check if they offer a no sale no fee offer. Also you often get what you pay for - a firm which quotes more will often provide a better service than one which is cheap as chips. We would always advocate that you speak with the solicitor conducting your conveyancing
I currently have a mortgage with with Royal Bank of Scotland -Natwest One. Conveyancing was finalised months ago. In the event that I decide to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Royal Bank of Scotland -Natwest One?
Your original mortgage agreement with Royal Bank of Scotland -Natwest One will provide that you need their approval in advance of renting your property as this is likely to be a breach of Royal Bank of Scotland -Natwest One’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Royal Bank of Scotland -Natwest One directly. It should not be necessary to do this via a Royal Bank of Scotland -Natwest One conveyancing panel lawyer.
My brother and I are purchasing a 1st floor apartment in Hendon. Conveyancing solicitors in Hendon need to begiven the go-ahead. My agentrecommended that we check that the conveyancer in Hendon is on the Royal Bank of Scotland -Natwest One list of approved conveyancing firms. Is this really necessary?
A limited percentage of Hendon conveyancing practices are on the Royal Bank of Scotland -Natwest One conveyancing panel. Click here to search for a Hendon conveyancing lawyer on the on the Royal Bank of Scotland -Natwest One panel.