Removal from the Coutts & Co and other lender panels: Why they do it and how to get reinstated
- Your firm no longer meets the criteria to remain on the Coutts & Co conveyancing panel
- Non-compliance with the Coutts & Co panel requirements, the written instructions that Coutts & Co give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Coutts & Co may subsequently adopt.
- Recurring delays in registering a charge on behalf of Coutts & Co Delays or failure to register the Coutts & Co charge may result in referral to external lawyers of Coutts & Co to complete outstanding requirements.
- Coutts & Co 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.
- Persistent delays in post completion requirements set by Coutts & Co
Coutts & Co panel reinstatement: Five Common Questions
- Does my practice need to apply annually to remain on the Coutts & Co conveyancing panel?
- Is there a charge to be reinstated onto the Coutts & Co conveyancing panel?
- What are our options if my firm’s reinstatement panel application with Coutts & Co is refused?
- Who should sign the reinstatement application to the Coutts & Co panel ?
- Are you able to explain why this practice’s application for reinstatement is rejected?
Top Tip: The best way to avoid the hassle of seeking Coutts & Co panel reinstatement is to ensure that your firm is not removed off of the Coutts & Co 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 Coutts & Co conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Coutts & Co 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 Coutts & Co conveyancing panel.