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 provides false answers in its application form or in relation to any future requests for information.
  • Persistent delays in post completion requirements on behalf of Paragon Mortgages Ltd
  • Non-compliance with the Paragon Mortgages Ltd panel terms, 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.
  • Breaches of Paragon Mortgages Ltd conveyancing panel requirements
  • Missing deadline to reapply to remain on the Paragon Mortgages Ltd convincing panel

Questions Paragon Mortgages Ltd panel reinstatement firms ask us

  • To what extent is my firm permanently excluded if my firm’s reinstatement panel application with Paragon Mortgages Ltd is rejected?
  • Is there a limit to the number of times my law firm can apply to be reinstated on the Paragon Mortgages Ltd conveyancing panel?
  • Is it possible to find out this practice’s application for reinstatement was turned down?
  • What are the next steps open to me if our Paragon Mortgages Ltd panel reinstatement application is refused and the client of the firm has a mortgage offer with the Paragon Mortgages Ltd?
  • What times frames are involved 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.

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