Removal from the Coutts Finance and other lender panels: Why they do it and how to get reinstated
- 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 subscribe.
- Persistent 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.
- Breaches of Coutts Finance conveyancing panel requirements
- 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.
- Missing deadline to reapply to be on the Coutts Finance convincing panel
Coutts Finance panel reinstatement : You have questions, we have answers
- Is it possible to find out our application for reinstatement was refused?
- How often will this firm be required to re-apply to be reinstated on the Coutts Finance conveyancing panel?
- Can this firm act for Coutts Finance while the application for reinstatement on the Coutts Finance panel is being processed? How do I discover if our reinstatement appeal to the Coutts Finance panel is accepted?
- What is the application process to revert back onto the Coutts Finance conveyancing panel?
- What happens if our Coutts Finance panel reinstatement application is rejected and our client has a mortgage offer with the Coutts Finance?
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.