Removal from the Coutts Finance and other lender panels: Why they do it and how to get reinstated
- 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 provide 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 provides false answers in its application form or in relation to any future requests for information.
- Your practice fails to meet the criteria to remain on the Coutts Finance conveyancing panel
- Breaches of Coutts Finance conveyancing panel requirements
Coutts Finance Conveyancing Panel Reinstatement: Common Questions
- How long does the application process take when applying to revert back onto the Coutts Finance conveyancing panel?
- Are you able to explain why our application for reinstatement was refused?
- What happens if our Coutts Finance panel reinstatement application is turned down and the client of the firm has a mortgage offer with the Coutts Finance?
- Can this firm act for Coutts Finance while the application for reinstatement on the Coutts Finance panel is being assessed? How do I know if our reinstatement application to the Coutts Finance panel is approved?
- Is there a charge to be reinstated onto 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.