Is your firm looking to be reinstated onto the RBS - Virgin One panel?

Removal from the RBS - Virgin One and other lender panels: The causes of expulsion and how you get reinstated

  1. Failure to reapply to remain on the RBS - Virgin One convincing panel
  2. Persistent non-compliance with post completion requirements on behalf of RBS - Virgin One
  3. Breaches of RBS - Virgin One conveyancing panel requirements
  4. Your law firm fails to meet the criteria to remain on the RBS - Virgin One conveyancing panel
  5. RBS - Virgin One may terminate membership of its conveyancing panel where a firm provides false answers in its application form or in relation to any future requests for information.

Answers to Frequently asked questions concerning RBS - Virgin One panel reinstatement

  1. Does my practice need to apply annually to be reinstated on the RBS - Virgin One conveyancing panel?
  2. What times frames are involved when applying to be reinstated onto the RBS - Virgin One conveyancing panel?
  3. Can this firm act for RBS - Virgin One while the application for reinstatement on the RBS - Virgin One panel is being progressed? How do I find out if our reinstatement application to the RBS - Virgin One panel is accepted?
  4. What are the next steps open to me if our RBS - Virgin One panel reinstatement application is refused and the client of the firm has a mortgage offer with the RBS - Virgin One?
  5. Who should sign the reinstatement application to the RBS - Virgin One 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.