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.
- Your practice no longer meets the criteria to remain on the Paragon Mortgages Ltd conveyancing panel
- Persistent delays in post completion requirements on behalf of Paragon Mortgages Ltd
- Missing deadline to reapply to remain on the Paragon Mortgages Ltd convincing panel
- Failure to act in accordance with the Paragon Mortgages Ltd panel requirements, the written instructions that Paragon Mortgages Ltd provide and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Paragon Mortgages Ltd may subsequently adopt.
Top questions concerning Paragon Mortgages Ltd panel reinstatement
- Who should complete the reinstatement application to the Paragon Mortgages Ltd panel ?
- Please can you set out the application process to be reinstated onto the Paragon Mortgages Ltd conveyancing panel?
- Is the door firmly shut if my firm’s reinstatement panel application with Paragon Mortgages Ltd is rejected?
- How do I discover why our application for reinstatement was rejected?
- What times frames are involved when applying to revert back 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.