Removal from the RBS - Virgin One and other lender panels: Why they do it and how to get reinstated
- Recurring delays in registering a charge 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 remain on the RBS - Virgin One convincing panel
- Significant non-compliance with post completion requirements set by RBS - Virgin One
- Breaches of RBS - Virgin One conveyancing panel requirements
- Non-compliance 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.
Common queries about RBS - Virgin One conveyancing panel reinstatement
- Do any avenues remain open if our reinstatement panel application with RBS - Virgin One is turned down?
- What happens if our RBS - Virgin One panel reinstatement application is refused and the client of the firm has a mortgage application with the RBS - Virgin One?
- How long does the application process take when applying to revert back onto the RBS - Virgin One conveyancing panel?
- Is there a cost to be reinstated onto the RBS - Virgin One conveyancing panel?
- How do I discover why my firm’s application for reinstatement was declined?
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.