Removal from the RBS - Virgin One and other lender panels: Why they do it and how to get reinstated

  • Persistent non-compliance with post completion requirements on behalf of RBS - Virgin One
  • Breaches of RBS - Virgin One conveyancing panel requirements
  • Missing deadline to reapply to remain on the RBS - Virgin One convincing panel
  • RBS - Virgin One may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
  • Your practice fails to meet the criteria to remain on the RBS - Virgin One conveyancing panel

Frequently asked questions concerning RBS - Virgin One panel reinstatement

  • Is there a limit to the amount of times my law firm can submit applications to get back on the RBS - Virgin One conveyancing panel?
  • How do I discover why my firm’s application for reinstatement was rejected?
  • What will happen if our RBS - Virgin One panel reinstatement application is turned down and the client of the firm has a mortgage offer with the RBS - Virgin One?
  • What times frames are involved when applying to be reinstated onto the RBS - Virgin One conveyancing panel?
  • What is the application procedures to revert back onto the RBS - Virgin One conveyancing panel?

Top Tip: The best way to avoid the hassle of seeking RBS - Virgin One panel reinstatement is to ensure that your firm is not removed off of the RBS - Virgin One 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 - Virgin One conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to RBS - Virgin One 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 - Virgin One conveyancing panel.

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