Removal from the Paragon Mortgages Ltd and other lender panels: Why they do it and how to get reinstated
- Your practice fails to meet the criteria to remain on the Paragon Mortgages Ltd conveyancing panel
- Paragon Mortgages Ltd 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 Paragon Mortgages Ltd conveyancing panel Terms and Conditions
- Recurring delays in registering security 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.
- Failure to reapply to be on the Paragon Mortgages Ltd convincing panel
Common queries about Paragon Mortgages Ltd conveyancing panel reinstatement
- Is there a fee to revert back onto the Paragon Mortgages Ltd conveyancing panel?
- Am I restricted as to the number of times my law firm can apply to be reinstated on the Paragon Mortgages Ltd conveyancing panel?
- How often will this firm be required to re-apply to remain on the Paragon Mortgages Ltd conveyancing panel?
- What are the next steps open to me if our Paragon Mortgages Ltd panel reinstatement application is declined and our client has a mortgage offer with the Paragon Mortgages Ltd?
- To what extent is my firm permanently excluded if my firm’s reinstatement panel submission with Paragon Mortgages Ltd is rejected?
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.