Removal from the Coutts Finance and other lender panels: Why they do it and how to get reinstated
- Non-compliance with the Coutts Finance panel requirements, the written instructions that Coutts Finance provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Coutts Finance may subsequently subscribe.
- Persistent delays in post completion requirements set by Coutts Finance
- Your firm no longer meets the criteria to remain on the Coutts Finance conveyancing panel
- Failure to reapply to be on the Coutts Finance convincing panel
- Breaches of Coutts Finance conveyancing panel requirements
Questions Coutts Finance panel reinstatement firms ask us
- Does my practice need to apply annually to remain on the Coutts Finance conveyancing panel?
- Can this firm act for Coutts Finance while the appeal for reinstatement on the Coutts Finance panel is being processed? How do I know if our reinstatement appeal to the Coutts Finance panel is accepted?
- Do any avenues remain open if our reinstatement panel submission with Coutts Finance is rejected?
- Is there a fee to be reinstated onto the Coutts Finance conveyancing panel?
- Does the COLP in my firm need to sign the reinstatement application to the Coutts Finance panel ?
Top Tip: The best way to avoid the hassle of seeking Coutts Finance panel reinstatement is to ensure that your firm is not removed off of the Coutts Finance 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 Finance conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Coutts Finance 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 Finance conveyancing panel.