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 fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
- Breaches of Coutts & Co conveyancing panel Terms and Conditions
- 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.
- Missing deadline to reapply to be on the Coutts & Co convincing panel
- Your practice fails to meet the criteria to remain on the Coutts & Co conveyancing panel
Top questions concerning Coutts & Co panel reinstatement
- Does my practice need to apply annually to remain on the Coutts & Co conveyancing panel?
- How long does the application process take when applying to be reinstated onto the Coutts & Co conveyancing panel?
- Can you outline the application process to revert back onto the Coutts & Co conveyancing panel?
- What will happen if our Coutts & Co panel reinstatement application is refused and our client has a mortgage application with the Coutts & Co?
- Is there a limit to the amount of times my practice 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 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.