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

  • Your law firm no longer meets the criteria to remain on the RBS - Virgin One conveyancing panel
  • Significant delays in registering security on behalf of RBS - Virgin One Delays or failure to register the RBS - Virgin One charge may result in referral to external lawyers of RBS - Virgin One to complete outstanding requirements.
  • Failure to act in accordance with the RBS - Virgin One panel requirements, the written instructions that RBS - Virgin One give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which RBS - Virgin One may subsequently subscribe.
  • Failure 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.

How can we assist? RBS - Virgin One panel reinstatement questions

  • Is there a fee to be reinstated onto the RBS - Virgin One conveyancing panel?
  • How often will this firm be required to re-apply to remain on the RBS - Virgin One conveyancing panel?
  • To what extent is my firm permanently excluded if my firm’s reinstatement panel application with RBS - Virgin One is declined?
  • How long does the application process take when applying to be reinstated onto the RBS - Virgin One conveyancing panel?
  • Can we act for RBS - Virgin One while the appeal for reinstatement on the RBS - Virgin One panel is being progressed? How do I find out if our reinstatement appeal to the RBS - Virgin One panel is approved?

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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