Removal from the Paratus and other lender panels: Why they do it and how to get reinstated
- Missing deadline to reapply to be on the Paratus convincing panel
- Persistent delays in registering a charge on behalf of Paratus Delays or failure to register the Paratus charge may result in referral to external lawyers of Paratus to complete outstanding requirements.
- Breaches of Paratus conveyancing panel requirements
- Your firm no longer meets the criteria to remain on the Paratus conveyancing panel
- Significant delays in post completion requirements on behalf of Paratus
Paratus panel reinstatement: Five Common Questions
- Can we act for Paratus while the application for reinstatement on the Paratus panel is being progressed? How do I find out if our reinstatement appeal to the Paratus panel is accepted?
- How do I discover why my firm’s application for reinstatement was declined?
- Who should sign the reinstatement application to the Paratus panel ?
- How long does the application process take when applying to be reinstated onto the Paratus conveyancing panel?
- How often will this firm be required to re-apply to be reinstated on the Paratus conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking Paratus panel reinstatement is to ensure that your firm is not removed off of the Paratus 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 Paratus conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Paratus 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 Paratus conveyancing panel.