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

  • Recurring 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.
  • Missing deadline to reapply to be on the RBS - Virgin One convincing panel
  • Significant delays in post completion requirements on behalf of RBS - Virgin One
  • Breaches of RBS - Virgin One conveyancing panel Terms and Conditions
  • Your practice no longer meets the criteria to remain on the RBS - Virgin One conveyancing panel

RBS - Virgin One panel reinstatement: Five Common Questions

  • Can we appeal if my firm’s application for reinstatement was refused?
  • How often will this firm be required to re-apply to remain on the RBS - Virgin One conveyancing panel?
  • What times frames are involved when applying to be reinstated onto the RBS - Virgin One conveyancing panel?
  • Can this firm act for RBS - Virgin One while the appeal for reinstatement on the RBS - Virgin One panel is being reviewed? How do I know if our reinstatement application to the RBS - Virgin One panel is approved?
  • To what extent is my firm permanently excluded if our reinstatement panel submission with RBS - Virgin One is refused?

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 appointed 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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