Removal from the Coutts & Co and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to be on the Coutts & Co convincing panel
- Breaches of Coutts & Co conveyancing panel requirements
- Persistent delays in registering security 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.
- Non-compliance with the Coutts & Co panel terms, the written instructions that Coutts & Co provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Coutts & Co may subsequently adopt.
- Coutts & Co may terminate membership of its conveyancing panel where a firm provides false answers in its application form or in relation to any future requests for information.
Coutts & Co Conveyancing Panel Reinstatement: Common Questions
- Am I restricted as to the number of times my practice can apply to get back on the Coutts & Co conveyancing panel?
- What are our options if my firm’s reinstatement panel application with Coutts & Co is rejected?
- How long does the application process take when applying to be reinstated onto the Coutts & Co conveyancing panel?
- Is it the practice manager who is required to sign the reinstatement application to the Coutts & Co panel ?
- Can you outline the application process to be reinstated onto the Coutts & Co conveyancing panel?
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 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 Coutts & Co conveyancing panel.