Removal from the Coutts Finance and other lender panels: Why they do it and how to get reinstated
- Persistent non-compliance with post completion requirements on behalf of Coutts Finance
- Missing deadline to reapply to be on the Coutts Finance convincing panel
- Breaches of Coutts Finance conveyancing panel Terms and Conditions
- Persistent delays in registering security 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.
- 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 subscribe.
Coutts Finance panel reinstatement: Five Common Questions
- Is there a fee to revert back onto the Coutts Finance conveyancing panel?
- Am I restricted as to the amount of occasions my practice can submit applications to get back on the Coutts Finance conveyancing panel?
- What happens if our Coutts Finance panel reinstatement application is refused and the client of the firm has a mortgage application with the Coutts Finance?
- How long does the application process take when applying to be reinstated onto the Coutts Finance conveyancing panel?
- How do I discover why our application for reinstatement was refused?
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.