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
  • Paratus may terminate membership of its conveyancing panel where a firm fails to provide any relevant information or provide incorrect information in its application form or in relation to any future requests for information.
  • Persistent delays in post completion requirements on behalf of Paratus
  • Recurring 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

Paratus Conveyancing Panel Reinstatement: Common Questions

  • How often will this firm be required to re-apply to remain on the Paratus conveyancing panel?
  • How long does the application process take when applying to be reinstated onto the Paratus conveyancing panel?
  • Is there a limit to the number of occasions my firm can submit applications to get back on the Paratus conveyancing panel?
  • What happens if our Paratus panel reinstatement application is turned down and our client has a mortgage application with the Paratus?
  • Can we act for Paratus while the appeal for reinstatement on the Paratus panel is being processed? How do I discover if our reinstatement appeal to the Paratus panel is approved?

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 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 Paratus conveyancing panel.

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