Removal from the Coutts & Co and other lender panels: Why they do it and how to get reinstated
- Significant 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.
- Failure to reapply to remain on the Coutts & Co convincing panel
- Failure to act in accordance 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
- Your law firm no longer meets the criteria to remain on the Coutts & Co conveyancing panel
How can we assist? Coutts & Co panel reinstatement questions
- Can we appeal if my firm’s application for reinstatement was rejected?
- What happens if our Coutts & Co panel reinstatement application is declined and the client of the firm has a mortgage offer with the Coutts & Co?
- How often will this firm be required to re-apply to remain on the Coutts & Co conveyancing panel?
- Can this firm act for Coutts & Co while the application for reinstatement on the Coutts & Co panel is being assessed? How do I discover if our reinstatement appeal to the Coutts & Co panel is approved?
- Is there a limit to the number of occasions my firm can submit applications to be reinstated on 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.