Removal from the Coutts Finance and other lender panels: Why they do it and how to get reinstated
- Persistent delays in registering a charge on behalf of Coutts Finance Delays or failure to register the Coutts Finance charge may result in referral to external lawyers of Coutts Finance to complete outstanding requirements.
- Missing deadline to reapply to be on the Coutts Finance convincing panel
- Recurring delays in post completion requirements set by Coutts Finance
- Non-compliance with the Coutts Finance panel terms, the written instructions that Coutts Finance give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Coutts Finance may subsequently adopt.
- Coutts Finance 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.
FAQs : Coutts Finance Conveyancing panel reinstatement
- What times frames are involved when applying to revert back onto the Coutts Finance conveyancing panel?
- How often will this firm be required to re-apply to be reinstated on the Coutts Finance conveyancing panel?
- What is the application protocol to be reinstated onto the Coutts Finance conveyancing panel?
- What are the consequences if our Coutts Finance panel reinstatement application is declined and our client has a mortgage application with the Coutts Finance?
- Is there a limit to the number of times my practice can apply to be reinstated on the Coutts Finance conveyancing 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 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 Finance conveyancing panel.