Removal from the Coutts & Co and other lender panels: Why they do it and how to get reinstated
- Breaches of Coutts & Co conveyancing panel requirements
- Missing deadline to reapply to remain on the Coutts & Co convincing panel
- 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.
- Your firm fails to meet the criteria to remain on the Coutts & Co conveyancing panel
- Failure to act in accordance with the Coutts & Co panel terms, the written instructions that Coutts & Co provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Coutts & Co may subsequently adopt.
Common queries about Coutts & Co conveyancing panel reinstatement
- Does the COLP in my firm need to complete the reinstatement application to the Coutts & Co panel ?
- Can you outline the application protocol to be reinstated onto the Coutts & Co conveyancing panel?
- What are our options if my firm’s reinstatement panel application with Coutts & Co is turned down?
- What times frames are involved when applying to be reinstated onto the Coutts & Co conveyancing panel?
- How often will this firm be required to re-apply 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.