Removal from the Coutts Finance and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to remain 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
- 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.
- 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.
How can we assist? Coutts Finance panel reinstatement questions
- Who should complete the reinstatement application to the Coutts Finance panel ?
- To what extent is my firm permanently excluded if our reinstatement panel application with Coutts Finance is refused?
- How often will this firm be required to re-apply to remain on the Coutts Finance conveyancing panel?
- Can you outline the application procedures to be reinstated onto the Coutts Finance conveyancing panel?
- Can we appeal if our application for reinstatement is declined?
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.