Removal from the Coutts Finance and other lender panels: Why they do it and how to get reinstated
- Your firm fails to meet the criteria to remain on the Coutts Finance conveyancing panel
- Breaches of Coutts Finance conveyancing panel requirements
- Failure to act in accordance 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.
- Persistent delays in post completion requirements set by Coutts Finance
- Recurring 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 panel reinstatement : You have questions, we have answers
- Is there a fee to be reinstated onto the Coutts Finance conveyancing panel?
- What are the consequences if our Coutts Finance panel reinstatement application is refused and our client has a mortgage offer with the Coutts Finance?
- Can we act for Coutts Finance while the application for reinstatement on the Coutts Finance panel is being assessed? How do I find out if our reinstatement appeal to the Coutts Finance panel is approved?
- Can you outline the application protocol to revert back onto the Coutts Finance conveyancing panel?
- Who should 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.