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approved by Paragon

Ready to buy a new home? Failing to check that a lawyer is on the Paragon list of approved solicitors can put your transaction at risk of delay or failure.

Find an Approved Solicitor on the Paragon Mortgages Ltd Conveyancing Panel

Examples of recent questions relating to the Paragon Mortgages Solicitor Panel

I was advised recently by my financial adviser that my the law firm I have appointed is not on the Paragon Mortgages Solicitor panel. What can I do to be sure that this is correct?
You need to contact your lawyer directly. It is reasonable to expect your lawyer to advise you of the situation. If they are not on the panel they may recommend you to a firm that is on the the approved Paragon Mortgages solicitor panel.
We are only a couple days away from an exchange and my mum and dad having transferred the 10% deposit to my lawyer. I am now advised that as the deposit has not come from me my lawyer needs to make a notification to my lender Paragon Mortgages. Apparently, being on the Paragon Mortgages conveyancing panel and acting on their behalf he must inform Paragon Mortgages if the balance of the mortgage advance is not just from me. I disclosed to the bank about my parent’s contribution when I applied for the mortgage so is it really necessary for him to raise this?
Your lawyer is obliged to check with Paragon Mortgages to make sure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only report this to Paragon Mortgages if you agree, failing which, your lawyer must cease to continue acting.
I have been searching for competitive conveyancing fees. Can I be assured that all the law firms that are listed on your directory are on the Paragon Mortgages conveyancing panel?
The law firms listed on our site have advised us that they are on the Paragon Mortgages panel and agreed to advise us to take down their listing in the event of removal off of the Paragon Mortgages panel. To date we have not been informed by either a mortgage company or a member of the public that the data about a specific firm being on the Paragon Mortgages conveyancing panel is incorrect.
My house is up for sale and I have a buyer. Does my solicitor have to be on the Paragon Mortgages conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Paragon Mortgages conveyancing panel they can still act for you on your sale. it might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently at the moment.
When it comes to lenders such as Paragon Mortgages do lawyers have to be pay a fee to be on the list of approved solicitors?
We are not aware of any lender fees to be on their panel although some do charge an administration charge to deal with the processing of the conveyancing panel application.
Are all conveyancing solicitors on the Paragon Mortgages conveyancing panel overseen by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Paragon Mortgages conveyancing panel they would need to be regulated by the Solicitors Regulatory Authority. Many lenders do allow licenced conveyancers on their panel in which case such firms would be regulated by the Council of Licensed Conveyancers (CLC).
My ex -wife’s name is on the Paragon Mortgages mortgage of my property but not on the land registry. The apartment was transferred to me on our divorce many years ago by way of a sealed court order. Does my ex still have a say on the sale even though the land registry showing the property in my name alone? Will I be required to take her name of the Paragon Mortgages mortgage in order to sell?
As regards the Paragon Mortgages mortgage, it is unusual that your ex-wife’s name remains on the mortgage but not on the title. It is conceivable that this is an oversight on the part of your conveyancers to ensure that her name was removed or even an administrative error on the part of Paragon Mortgages in failing to update their data. In any event, it should cause difficulty providing her name no longer appears on the Land Registry title and you have a court order ordering that the property is transferred to you.