Removal from the Paragon Mortgages Ltd and other lender panels: Why they do it and how to get reinstated
- Failure to reapply to remain on the Paragon Mortgages Ltd convincing panel
- 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.
- Failure to act in accordance 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.
- 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.
- Recurring delays in post completion requirements set by Paragon Mortgages Ltd
Top questions concerning Paragon Mortgages Ltd panel reinstatement
- Is there a limit to the number of times my practice can submit applications to be reinstated on the Paragon Mortgages Ltd conveyancing panel?
- Can this firm act for Paragon Mortgages Ltd while the application for reinstatement on the Paragon Mortgages Ltd panel is being assessed? How do I find out if our reinstatement appeal to the Paragon Mortgages Ltd panel is approved?
- How long does the application process take when applying to revert back onto the Paragon Mortgages Ltd conveyancing panel?
- Can you outline the application procedures 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?
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 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 Paragon Mortgages Ltd conveyancing panel.