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 adopt.
- Persistent non-compliance with post completion requirements set by Coutts Finance
- Missing deadline to reapply to be on the Coutts Finance convincing panel
- 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.
- Breaches of Coutts Finance conveyancing panel Terms and Conditions
Coutts Finance panel reinstatement: Five Common Questions
- Does my practice need to apply annually to remain on the Coutts Finance conveyancing panel?
- How do I discover why our application for reinstatement was rejected?
- Can we act for Coutts Finance while the appeal for reinstatement on the Coutts Finance panel is being processed? How do I find out if our reinstatement application to the Coutts Finance panel is accepted?
- What will happen if our Coutts Finance panel reinstatement application is turned down and the client of the firm has a mortgage application with the Coutts Finance?
- Is there a charge 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.