Removal from the Coutts Finance and other lender panels: Why they do it and how to get reinstated
- Your practice fails to meet the criteria to remain on the Coutts Finance conveyancing panel
- Breaches of Coutts Finance conveyancing panel requirements
- 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.
- Recurring non-compliance with post completion requirements set by Coutts Finance
- Failure to reapply to remain on the Coutts Finance convincing panel
Coutts Finance panel reinstatement: Five Common Questions
- Does my practice need to apply annually to remain on the Coutts Finance conveyancing panel?
- Who should sign the reinstatement application to the Coutts Finance panel ?
- How long does the application process take when applying to be reinstated onto the Coutts Finance conveyancing panel?
- Am I restricted as to the number of times my practice can submit applications to get back 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 progressed? How do I discover if our reinstatement application to the Coutts Finance panel is accepted?
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.