Removal from the Paragon Residential and other lender panels: Why they do it and how to get reinstated
- Persistent delays in registering security on behalf of Paragon Residential Delays or failure to register the Paragon Residential charge may result in referral to external lawyers of Paragon Residential to complete outstanding requirements.
- Your practice fails to meet the criteria to remain on the Paragon Residential conveyancing panel
- Failure to reapply to remain on the Paragon Residential convincing panel
- Breaches of Paragon Residential conveyancing panel Terms and Conditions
- Recurring delays in post completion requirements on behalf of Paragon Residential
Answers to Frequently asked questions concerning Paragon Residential panel reinstatement
- What are our options if our reinstatement panel submission with Paragon Residential is refused?
- Is there a limit to the amount of occasions my practice can apply to get back on the Paragon Residential conveyancing panel?
- Is there a cost to be reinstated onto the Paragon Residential conveyancing panel?
- What will happen if our Paragon Residential panel reinstatement application is refused and our client has a mortgage offer with the Paragon Residential?
- Can we act for Paragon Residential while the application for reinstatement on the Paragon Residential panel is being progressed? How do I discover if our reinstatement appeal to the Paragon Residential panel is approved?
Top Tip: The best way to avoid the hassle of seeking Paragon Residential panel reinstatement is to ensure that your firm is not removed off of the Paragon Residential 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 Residential conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Paragon Residential directly or via their preferred 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 Residential conveyancing panel.