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.
- 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.
- Recurring delays in post completion requirements on behalf of RBS - Virgin One
- Breaches of RBS - Virgin One conveyancing panel requirements
- Your firm fails to meet the criteria to remain on the RBS - Virgin One conveyancing panel
RBS - Virgin One panel reinstatement : You have questions, we have answers
- Am I restricted as to the amount of times my practice can submit applications to get back on the RBS - Virgin One conveyancing panel?
- Is there a cost to be reinstated onto the RBS - Virgin One conveyancing panel?
- Who should complete the reinstatement application to the RBS - Virgin One panel ?
- What happens if our RBS - Virgin One panel reinstatement application is declined and the client of the firm has a mortgage application with the RBS - Virgin One?
- Are you able to explain why this practice’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.