Removal from the Paratus and other lender panels: Why they do it and how to get reinstated
- Your practice no longer meets the criteria to remain on the Paratus conveyancing panel
- Paratus 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.
- Breaches of Paratus conveyancing panel Terms and Conditions
- Recurring non-compliance with post completion requirements set by Paratus
- Missing deadline to reapply to remain on the Paratus convincing panel
Questions Paratus panel reinstatement firms ask us
- What times frames are involved when applying to be reinstated onto the Paratus conveyancing panel?
- Who should complete the reinstatement application to the Paratus panel ?
- Can this firm act for Paratus while the application for reinstatement on the Paratus panel is being reviewed? How do I know if our reinstatement appeal to the Paratus panel is approved?
- How often will this firm be required to re-apply to be reinstated on the Paratus conveyancing panel?
- Can you outline the application process to revert back onto 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.