Removal from the Coutts & Co and other lender panels: Why they do it and how to get reinstated
- Persistent non-compliance with post completion requirements set by Coutts & Co
- 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.
- Breaches of Coutts & Co conveyancing panel requirements
- Missing deadline to reapply to remain on the Coutts & Co convincing panel
- Your practice fails to meet the criteria to remain on the Coutts & Co conveyancing panel
Coutts & Co panel reinstatement : questions that we get asked
- Is there a limit to the number of times my practice can submit applications to get back on the Coutts & Co conveyancing panel?
- Who should complete the reinstatement application to the Coutts & Co panel ?
- What happens if our Coutts & Co panel reinstatement application is rejected and our client has a mortgage application with the Coutts & Co?
- Can this firm act for Coutts & Co while the application for reinstatement on the Coutts & Co panel is being progressed? How do I discover if our reinstatement application to the Coutts & Co panel is approved?
- How do I discover why my firm’s application for reinstatement was 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.