Removal from the Coutts & Co and other lender panels: Why they do it and how to get reinstated
- 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.
- Failure to reapply to remain on the Coutts & Co convincing panel
- Recurring delays in post completion requirements on behalf of Coutts & Co
- Non-compliance with the Coutts & Co panel terms, 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 subscribe.
- Breaches of Coutts & Co conveyancing panel Terms and Conditions
Coutts & Co panel reinstatement: Five Common Questions
- Does my practice need to apply annually to be reinstated on the Coutts & Co conveyancing panel?
- Is there a cost to revert back onto the Coutts & Co conveyancing panel?
- Can this firm act for Coutts & Co while the application for reinstatement on the Coutts & Co panel is being progressed? How do I find out if our reinstatement application to the Coutts & Co panel is accepted?
- How long does the application process take when applying to be reinstated onto the Coutts & Co conveyancing panel?
- What are our options if our reinstatement panel submission with Coutts & Co is refused?
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.