Removal from the Paragon Mortgages Ltd and other lender panels: Why they do it and how to get reinstated

  • Breaches of Paragon Mortgages Ltd conveyancing panel requirements
  • Missing deadline to reapply to remain on the Paragon Mortgages Ltd convincing panel
  • Non-compliance 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 subscribe.
  • Your law firm fails to meet the criteria to remain on the Paragon Mortgages Ltd conveyancing panel
  • Persistent delays in post completion requirements on behalf of Paragon Mortgages Ltd

Paragon Mortgages Ltd panel reinstatement : questions that we get asked

  • Is there a limit to the amount of times my practice can submit applications to be reinstated on the Paragon Mortgages Ltd conveyancing panel?
  • What are the consequences if our Paragon Mortgages Ltd panel reinstatement application is turned down and the client of the firm has a mortgage application with the Paragon Mortgages Ltd?
  • Who should sign the reinstatement application to the Paragon Mortgages Ltd panel ?
  • Is there a fee to revert back onto the Paragon Mortgages Ltd conveyancing panel?
  • Can this firm act for Paragon Mortgages Ltd while the appeal for reinstatement on the Paragon Mortgages Ltd panel is being progressed? How do I discover if our reinstatement appeal to the Paragon Mortgages Ltd panel is approved?

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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