Removal from the Coutts & Co and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to remain on the Coutts & Co convincing panel
- Recurring 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.
- Your firm fails to meet the criteria to remain on the Coutts & Co conveyancing panel
- Breaches of Coutts & Co conveyancing panel requirements
- Persistent non-compliance with post completion requirements on behalf of Coutts & Co
Questions Coutts & Co panel reinstatement firms ask us
- Does my practice need to apply annually to remain on the Coutts & Co conveyancing panel?
- Am I restricted as to the number of times my law firm can submit applications to be reinstated on the Coutts & Co conveyancing panel?
- Does the COLP in my firm need to sign the reinstatement application to the Coutts & Co panel ?
- Is the door firmly shut if our reinstatement panel submission with Coutts & Co is turned down?
- Is there a fee to revert back 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 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.