Find a Law Firm
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.
Looking for information about your firm's panel status?
How does my firm apply to be on the Paragon Mortgages Ltd Conveyancing Panel? How can my firm be reinstated onto the Paragon Mortgages Ltd Conveyancing Panel?Find an Approved Solicitor on the Paragon Mortgages Ltd Conveyancing Panel
Common questions asked concerning the Paragon Mortgages Conveyancing Panel
I am expecting a offer of a mortgage from Paragon Mortgages. I hope to retain the legal services of a Licensed Conveyancer. Does the Paragon Mortgages Solicitor panel exclude Licensed Conveyancers
Paragon Mortgages’s conveyancing panel is, like many other lenders represented by the CML or BSA, open to Licensed Conveyancers regulated by the CLC.
I am purchasing a newly constructed flat and my solicitor is telling me that she has to reveal incentives from the developer as her practice is on the Paragon Mortgages conveyancing panel. The Estate Agents are hassling me to exchange contracts and I dont want to delay deal. is my lawyer taking the correct approach?
You should not exchange unless you have advised to do so by your lawyer. A precondition to being on the Paragon Mortgages approved panel is to comply with the CML Handbook requirements (last updated for this lender on Paragon Mortgages). The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
I need to find a Paragon Mortgages panel solicitor in Inverness. Can you assist?
It is not clear why you need a Paragon Mortgages panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to Paragon Mortgages to find out which solicitors in Paragon Mortgages are on their panel. If you do find such a firm not listed please direct them to our site to list. At a fee of one pound per month it is not expensive to register on the site
We're in London, First timers purchasing with a mortgage (lender is Paragon Mortgages , but our solicitor is on the Paragon Mortgages conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Paragon Mortgages conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a time-frame for your conveyancing due to third parties outside of our control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain
Is there a list of Paragon Mortgages panel conveyancers on the CML Handbook Website?
No. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. Very few lenders make their panel listings available online.
I am buying a property where the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Paragon Mortgages be concerned
As you are obtaining a mortgage with Paragon Mortgages your lawyer must to check the Paragon Mortgages conveyancing instructions contained in the Part of CML Handbook for Paragon Mortgages . The CML Handbook contains minimum requirements for solar panel roof-space leases, and solicitors are required to report to Paragon Mortgages where a lease does not meet these requirements. The requirements relate to the installation of panels on properties in England and Wales. The CML are developing guidance for Northern Ireland and Scotland.
I can not work out if my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date . I have telephoned Paragon Mortgages on numerous occasions and told it wasn't a problem and they would lend. My solicitor - who is on the Paragon Mortgages conveyancing panel- telephoned and was told not they would not lend in accordance with their CML Handbook minimum lease term requirements. Who do I believe?
As long as the conveyancer is on the Paragon Mortgages panel she or he must comply with the CML Handbook requirements for Paragon Mortgages. Unless your lawyer obtains specific confirmation in writing that Paragon Mortgages will go ahead your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask Paragon Mortgages to contact your lawyer in writing confirming that they will accept the remaining number of years left on the lease.
Other Topics
Transfer of Equity for Paragon MortgagesPlease note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors