Paragon Mortgages Ltd Conveyancing Panel Information

The information on this page is designed to keep solicitors and licensed conveyancers abreast of latest requirements changes by Paragon Mortgages Ltd and to assist in remaining on the Paragon Mortgages Ltd Conveyancing Panel.

Paragon Mortgages Ltd Solicitor Panel: Recently Asked Questions

Read More

Do the Council of Mortgage Lenders intend to launch a searchable register search tool with a view to to identify firms on the Paragon Mortgages Ltd conveyancing panel?
We are not aware of any intention on the part of the CML to develop such a tool.
Will the fact that my firm receives LENDERmonitor Alerts assist in my application to join the Paragon Mortgages Ltd solicitor panel?
The requirements to join the Paragon Mortgages Ltd conveyancing panel is likely to be fairly detailed and is unlikely to include signing up to LENDERmonitor alerts.
What is the CLC doing to protect licensed conveyancers from being removed from lender panels?
As is the case with the Law Society the CLC has entered discussions with lenders and their representative bodies to see whether and how the risks that lenders wish to mitigate could be addressed through the regulatory framework rather than via ad hoc arrangements that can differ from lender to lender. We expect that that the CLC have been in touch with lenders such as Paragon Mortgages Ltd as well as the CML.
I have read a number of legal articles recently about firms being sued for non-compliance with Part 2 requirements . I am on the Paragon Mortgages Ltd conveyancing panel can you tell me how Part 2 changes took place by Paragon Mortgages Ltd during 2013?
During 2013, 69 sections of the UK Finance Lenders’ Handbook P2 were changed by Paragon Mortgages Ltd. Some changes are more important than others but as a firm on the Paragon Mortgages Ltd conveyancing panel you are of course obliged to comply with individual lender requirements, as set out in Part II of the UK Finance Lenders’ Handbook. Locktons have recently pointed out in an article that non-compliance with Part 2 requirements account for a number of high value claims, and it is therefore important to be aware of any particularly onerous terms that an individual lender may impose.

Remember: CML requirements are not guidelines; they are the lender client’s instructions.

Our membership of the Paragon Mortgages Ltd conveyancing panel was suspended but was reinstated on appeal, do I need to disclose these details on my application for CQS accreditation?
We would recommend that you provide details of the date of removal, information on the reason for removal, date of appeal and any reason given for reinstatement. This should not adversely impact your application but gives the CQS team a complete picture of what has happened.
Our practice is on the Paragon Mortgages Ltd conveyancing panel and scheduled to complete a purchase shortly. My file does not contain a Legal Charge for the client to sign. Who do I contact at Paragon Mortgages Ltd to obtain duplicate documents?
You should get in touch with Paragon Mortgages Ltd to obtain standard documents. The The Council of Mortgage Lenders Handbook incorporates an explicit question for lenders to cite who to contact to obtain standard documents. Paragon Mortgages Ltd in their Part 2’s state:
It helps to disclose the firm’s Paragon Mortgages Ltd solicitors panel number.

Find a Lawyer on the Paragon Mortgages Ltd Conveyancing Panel

powered by LenderPanel

Average number of days to register title including a charge in favour of Paragon Mortgages Ltd
This information relates to purchase only and not remortgages.
YearDays*
2025 [no data]
2024 [no data]
2023 41.8
2022 [no data]
2021 [no data]
2020 [no data]
* Data aggregated from sources including COMPLETIONmonitor