Removal from the Coutts Finance and other lender panels: Why they do it and how to get reinstated
- Recurring delays in post completion requirements on behalf of Coutts Finance
- Your law firm no longer meets the criteria to remain on the Coutts Finance conveyancing panel
- Missing deadline to reapply to remain on the Coutts Finance convincing panel
- Failure to act in accordance 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 adopt.
- 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.
Coutts Finance Conveyancing Panel Reinstatement: Common Questions
- What times frames are involved when applying to be reinstated onto the Coutts Finance conveyancing panel?
- How do I discover why my firm’s application for reinstatement is declined?
- What happens if our Coutts Finance panel reinstatement application is rejected and the client of the firm has a mortgage application with the Coutts Finance?
- Can we act for Coutts Finance while the appeal for reinstatement on the Coutts Finance panel is being reviewed? How do I find out if our reinstatement application to the Coutts Finance panel is approved?
- Is it the practice manager who is required to complete 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.