Removal from the Coutts Finance and other lender panels: Why they do it and how to get reinstated
- Breaches of Coutts Finance conveyancing panel Terms and Conditions
- Your law firm no longer meets the criteria to remain on the Coutts Finance conveyancing panel
- Recurring 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.
- Failure to reapply to be on the Coutts Finance convincing panel
- Non-compliance with the Coutts Finance panel requirements, 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 subscribe.
Top questions concerning Coutts Finance panel reinstatement
- What are our options if my firm’s reinstatement panel application with Coutts Finance is declined?
- How long does the application process take when applying to be reinstated onto the Coutts Finance conveyancing panel?
- Is there a fee to revert back onto the Coutts Finance conveyancing panel?
- Can we act for Coutts Finance while the application for reinstatement on the Coutts Finance panel is being progressed? How do I know if our reinstatement appeal to the Coutts Finance panel is approved?
- Is there a limit to the number of occasions my law firm 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.