Royal Bank of Scotland Conveyancing Panel Information

UK Finance Designator: The Royal Bank of Scotland plc
Jurisdiction: England and Wales

The information on this page is designed to keep solicitors and licensed conveyancers abreast of latest requirements changes by Royal Bank of Scotland and to assist in remaining on the Royal Bank of Scotland Conveyancing Panel.

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Royal Bank of Scotland Conveyancing Panel: Recently Asked Questions

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my firm is on the Royal Bank of Scotland conveyancing panel. Can I get an archived copy of a Royal Bank of Scotland Part 2 from the CML?
The CML do not hold duplicates of the Part 2's pre-December 2010. The CML recommend you make a request of Royal Bank of Scotland directly.
Can you give me an example of some of the reports available via COMPLETIONmonitor to support my application to be on the Royal Bank of Scotland conveyancing panel ?
There are many reports available, five of which are as follows:
  • Average time frame to register charges at the Land Registry
  • Analysis as to the nature of clients (e.g.existing/new/seen in person)
  • Average time frame to send deeds to the lender (calculated from completion date or title registration)
  • Buy to Let transactions
  • Current and historic missed priority dates
What type of firms do building societies accept on their Conveyancing Panels?
In the same way that there is a unique Royal Bank of Scotland conveyancing panel most building societies, operate a conveyancing panel for solicitors and other conveyancers that the lender will instruct. Terms and Conditions and criteria for inclusion on a building society conveyancing panel vary from lender-to-lender. Having CQS accreditation may be a requirement. Institutional lenders, such as a building society, is a client and is entitled to instruct the solicitor or conveyancer of its choosing (who, in turn, is free to accept or refuse instructions). Therefore, if lender and borrower cannot agree which solicitor or conveyancer should represent them jointly, they would usually proceed on a separate representation basis. The BSA have not published the equivalent of the UK Finance Lenders’ Handbook Part 3s.
My firm is representing a seller of a property and we have just received an email from the buyers solicitors who are not on the Royal Bank of Scotland conveyancing panel requesting that we undertake to send certain post-completion documents to a law firm on the approved solicitor list for Royal Bank of Scotland. We have not come accross this before. Do we give the undertaking?
You will be aware of the trend in recent years for lenders such as Royal Bank of Scotland to take a much more pro-active approach in relation to the management and make up of their conveyancer panels. The knock on effect of this is that it is more likely that there will be a higher number of cases where a conveyancer is not on the Royal Bank of Scotland panel. The situation that you find yourself in is where your client’s purchaser has his/her own lawyer and Royal Bank of Scotland have appointed a separate lawyer to act on their behalf where the new CML Part 3 requirements apply. Section 11.1 of the UK Finance Lenders’ Handbook Part 3 requires Royal Bank of Scotland’s panel solicitor to ‘ ...transfer the mortgage advance directly to the Seller’s conveyancer. The Seller’s conveyancer must be required to hold the mortgage advance on the terms of the required undertaking. The example borrower’s conveyancer’s undertaking letter includes a specific example of the seller’s undertaking’. You should expect to be advised to received the mortgage advance directly from the conveyancing solicitors for Royal Bank of Scotland. You will no doubt be required to undertake directly to Royal Bank of Scotland’s solicitors to discharge any charges secured on the property and to send directly to them the executed transfer and any other documents required to enable us to effect registration. Please remember to carefully consider undertakings in accordance with your firm’s protocol and record them in your undertakings logg. Please remember that as well as this breach of this undertaking having regulatory and compliance implications it’s breach could also result in your firm being removed off the Royal Bank of Scotland conveyancing panel.
Does CQS acceptance guarantee my firm’s acceptance on to lenders conveyancing panels?
The Law Society’s CQS accreditation is no guarantee to lender panel acceptance. Nevertheless the CML have indicated that it is likely to become a prerequisite for firms wishing to join their approved list of conveyancing solicitors. A number of Lenders now use CQS as the starting point for Panel membership as is the case with Santander.
Our practice is on the Royal Bank of Scotland conveyancing panel and due to complete a remortgage shortly. My file does not contain a Mortgage Deed for the client to sign. Who do I contact at Royal Bank of Scotland to obtain duplicate documents?
You should contact Royal Bank of Scotland to obtain standard documents. The CML Handbook contains an explicit inquiry for lenders to establish who to contact to obtain standard documents. You will need to disclose your Royal Bank of Scotland conveyancing panel number.
Average number of days to register title including a charge in favour of Royal Bank of Scotland
This information relates to purchase only and not remortgages.
2013 22.9
2012 26.3
* Data aggregated from sources including COMPLETIONmonitor

Recent Changes Include

# Date Assoc. Changes Related To
10.7 15/11/2018 CML
1.11a 15/11/2018 CML
16.5.3b 15/11/2018 CML
16.5.3d 15/11/2018 CML
17.2.1a 15/11/2018 CML
14.2.2 28/03/2018 CML
14.1.5 21/03/2018 CML
14.2.1 02/03/2018 CML
14.2.2 02/03/2018 CML
5.17.5a 02/03/2018 CML

Last update 20/02/2020

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