Removal from the Coutts Finance and other lender panels: Why they do it and how to get reinstated
- 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.
- Breaches of Coutts Finance conveyancing panel requirements
- Failure to act in accordance with the Coutts Finance panel terms, 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.
- Your practice no longer meets the criteria to remain on the Coutts Finance conveyancing panel
- Missing deadline to reapply to be on the Coutts Finance convincing panel
Common questions about Coutts Finance conveyancing panel reinstatement
- What is the application procedures to revert back onto 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 often will this firm be required to re-apply to be reinstated on the Coutts Finance conveyancing panel?
- What times frames are involved when applying to revert back onto the Coutts Finance conveyancing panel?
- Can we appeal if this practice’s application for reinstatement is 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 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.