Q and A’s regarding the RBS - Virgin One Conveyancing Panel
from members of the public
My mortgage broker has says he needs my lawyer’ panel member for the RBS - Virgin One conveyancing panel. How do I obtain this. I have contacted my local RBS - Virgin One office but they don't know it.
Have you tried speaking to your lawyer about this?. A law firm is likely to keep a file or database of lender panel information which would include, if applicable their conveyancing panel details for RBS - Virgin One.
We are due to exchange on the purchase a house but as a result of damage from the recent storms I have agreed compensation from the seller of £3k approx by way of a reduction in the price. This was going to be dealt with as part of the conveyancing process but my mortgage company RBS - Virgin One will not agree to this. Why was RBS - Virgin One even consulted?
Your lawyer being on the RBS - Virgin One conveyancing panel is duty bound to inform RBS - Virgin One of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to RBS - Virgin One then they would have to discontinue acting for you and RBS - Virgin One.
I have checked your search tool I can't find the lawyer I was hoping to instruct as being on the RBS - Virgin One conveyancing panel. My lawyer has said that they are on the RBS - Virgin One approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the RBS - Virgin One conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the RBS - Virgin One solicitor panel.
My lawyers in Leeds have advised me that no longer have my conveyancing file. To assist with my purchase I took out a mortgage with RBS - Virgin One. Is it case that being on the RBS - Virgin One conveyancing panel they need to have retained the file for a number of years?
Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the RBS - Virgin One Conveyancing Panel Terms. It might be worth you contacting RBS - Virgin One directly.
Is the case that all CQS (Conveyancing Quality Scheme) solicitors on the RBS - Virgin One conveyancing panel?
Some major banks and building societies now use CQS as the starting point for Panel membership such as HSBC and Santander. CQS accreditation however gives no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for firms wishing to join their approved list of firms.
I am selling my flat. I had a double glazing fitted in month 2010 but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, RBS - Virgin One are being problematic. The solicitor who is on the RBS - Virgin One conveyancing panel is recommending indemnity insurance as a solution but RBS - Virgin One are requiring a building regulation certificate. Why do RBS - Virgin One have a conveyancing panel of they don’t accept advice from them?
It is probably the case that RBS - Virgin One have referred the matter to their valuer. The reason why RBS - Virgin One may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing correctly and safely installed. It merely protects against enforcement action which is very unlikely anyway.
My brother and I are taking a long lease of a garden flat in Hendon. Conveyancing solicitors in Hendon are preferred to beappointed. My friendadvised that we double-check that the solicitor in Hendon is on the RBS - Virgin One panel. Surely I don't need to do this, do I?
It is not that case that all Hendon conveyancing practices are on the RBS - Virgin One conveyancing panel. 7 people a month use our search tool to locate a Hendon conveyancing lawyer
on the on the RBS - Virgin One list of approved conveyancing firms.