Coutts Finance Conveyancing Panel Information

The Council of Mortgage Lenders do not hold duplicates of the Part 2's pre-December 2010. The CML recommend you make a request of Coutts Finance directly.

The Council of Mortgage Lenders is an association rather than a regulator and therefore will not investigate grievances against lenders. You can of course contact Lexsure to see if we can help.

Section 16.2.1 of the UK Finance Lenders’ Handbook applicable to a solicitor on the Coutts Finance conveyancing panel reads ‘Our mortgage secures further advances. Consequently, when a further advance is required for alterations or improvements to the property we will not normally instruct a member of our conveyancing panel but if you are instructed the appropriate provisions of this Handbook will apply’.

We only know of a couple of lenders that operate a separate conveyancing panel where the mortgage advance is over a certain level. You should nevertheless check directly with Coutts Finance. At one stage HSBC would only allow Sole practitioners to act for them where the mortgage was below £150,000. We are not sure if HSBC still operate such a condition. In your case it is best to check with Coutts Finance

Your insurance brokers are your best port of call to address this question. The chances are that on the basis that you have not been removed for fraud or negligence reasons that there will be little or no impact. The main reason why a firm would be removed off of a lender panel is due to low volume of conveyancing cases although there may be a number of criteria for Coutts Finance solicitor panel membership. Please remember that it is always important that you complete your insurance forms accurately.

You need to communicate with Coutts Finance to obtain standard documents. The The Council of Mortgage Lenders Handbook has a specific inquiry for lenders to enumerate who to contact to obtain standard documents. Coutts Finance in their Part 2’s state: Don’t forget to disclose your Coutts Finance conveyancing panel number.