Removal from the Paragon Mortgages Ltd and other lender panels: Why they do it and how to get reinstated
- 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.
- Breaches of Paragon Mortgages Ltd conveyancing panel Terms and Conditions
- Your firm no longer meets the criteria to remain on the Paragon Mortgages Ltd conveyancing panel
- Missing deadline to reapply to remain on the Paragon Mortgages Ltd convincing panel
- Persistent non-compliance with post completion requirements set by Paragon Mortgages Ltd
Paragon Mortgages Ltd panel reinstatement : You have questions, we have answers
- Does the COLP in my firm need to sign the reinstatement application to the Paragon Mortgages Ltd panel ?
- Is it possible to find out our application for reinstatement is refused?
- What are the consequences if our Paragon Mortgages Ltd panel reinstatement application is declined and the client of the firm has a mortgage offer with the Paragon Mortgages Ltd?
- How long does the application process take when applying to revert back onto the Paragon Mortgages Ltd conveyancing panel?
- Is the door firmly shut if my firm’s reinstatement panel submission with Paragon Mortgages Ltd is declined?
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.