Removal from the Coutts Finance and other lender panels: Why they do it and how to get reinstated
- Significant 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.
- Persistent non-compliance with post completion requirements set by Coutts Finance
- Failure to reapply to remain on the Coutts Finance convincing panel
- Your law firm fails to meet the criteria to remain on the Coutts Finance conveyancing panel
- Non-compliance with the Coutts Finance panel requirements, the written instructions that Coutts Finance give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Coutts Finance may subsequently adopt.
Coutts Finance Conveyancing Panel Reinstatement: Common Questions
- How long does the application process take when applying to be reinstated onto the Coutts Finance conveyancing panel?
- Is there a charge to be reinstated onto the Coutts Finance conveyancing panel?
- Are you able to explain why this practice’s application for reinstatement was refused?
- Can this firm act for Coutts Finance while the appeal for reinstatement on the Coutts Finance panel is being reviewed? How do I discover if our reinstatement appeal to the Coutts Finance panel is accepted?
- Who should sign 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 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.