Removal from the Paragon Mortgages Ltd and other lender panels: Why they do it and how to get reinstated

  • Breaches of Paragon Mortgages Ltd conveyancing panel Terms and Conditions
  • Paragon Mortgages Ltd 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.
  • Your law firm no longer meets the criteria to remain on the Paragon Mortgages Ltd conveyancing panel
  • Persistent delays in registering a charge on behalf of Paragon Mortgages Ltd Delays or failure to register the Paragon Mortgages Ltd charge may result in referral to external lawyers of Paragon Mortgages Ltd to complete outstanding requirements.
  • Non-compliance with the Paragon Mortgages Ltd panel requirements, the written instructions that Paragon Mortgages Ltd give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Paragon Mortgages Ltd may subsequently subscribe.

FAQs : Paragon Mortgages Ltd Conveyancing panel reinstatement

  • What are the consequences if our Paragon Mortgages Ltd panel reinstatement application is turned down and the client of the firm has a mortgage offer with the Paragon Mortgages Ltd?
  • Is it the practice manager who is required to sign the reinstatement application to the Paragon Mortgages Ltd panel ?
  • Is there a fee to be reinstated onto the Paragon Mortgages Ltd conveyancing panel?
  • Does my practice need to apply annually to remain on the Paragon Mortgages Ltd conveyancing panel?
  • To what extent is my firm permanently excluded if our reinstatement panel submission with Paragon Mortgages Ltd is refused?

Top Tip: The best way to avoid the hassle of seeking Paragon Mortgages Ltd panel reinstatement is to ensure that your firm is not removed off of the Paragon Mortgages Ltd 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 Paragon Mortgages Ltd conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Paragon Mortgages Ltd 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 Paragon Mortgages Ltd conveyancing panel.

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