Removal from the Coutts Finance and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to be on the Coutts Finance convincing panel
- 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.
- 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
- Persistent non-compliance with post completion requirements set by Coutts Finance
How can we assist? Coutts Finance panel reinstatement questions
- Are you able to explain why our application for reinstatement was turned down?
- Is there a limit to the amount of times my practice can submit applications to be reinstated on the Coutts Finance conveyancing panel?
- What are the consequences if our Coutts Finance panel reinstatement application is declined and our client has a mortgage application with the Coutts Finance?
- Can you outline the application process to be reinstated onto the Coutts Finance conveyancing panel?
- How long does the application process take when applying 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 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.