Removal from the Paragon Mortgages Ltd and other lender panels: Why they do it and how to get reinstated
- Your law firm 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 fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
- Missing deadline to reapply to be on the Paragon Mortgages Ltd convincing panel
- Significant 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.
- Recurring delays in post completion requirements on behalf of Paragon Mortgages Ltd
Answers to Frequently asked questions concerning Paragon Mortgages Ltd panel reinstatement
- How often will this firm be required to re-apply to remain 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 accepted?
- Is there a limit to the amount of occasions my law firm can apply to be reinstated on the Paragon Mortgages Ltd conveyancing panel?
- Is there a charge to be reinstated onto the Paragon Mortgages Ltd conveyancing panel?
- How long does the application process take when applying to be reinstated onto 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.