Paragon Mortgages Ltd Conveyancing Lender Panel Compliance Tool

Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. Supported by the Council of Mortgage Lenders and PI insurers. It is a unique risk management tool.

This software assists the way you can prove to lender panels that you are, and can stay fully compliant with their requirements, with alerts on Paragon Mortgages Ltd’s changes. Notwithstanding that using COMPLETIONmonitor is not a prerequisite for Paragon Mortgages Ltd , demonstrating you can remain up to date with Paragon Mortgages Ltd’s Handbook requirements is a helpful support to your application to their lender panel and, just as importantly, protect your firm’s panel status.

The system creates real-time alerts, automatically produces compliance and CQS reports, and will improve your firm's efficiency. It is also simply to use, cost-effective and, for many firms, leads to reduced PII premiums.

Find a Law Firm approved by Paragon Mortgages Ltd

Banks and building societies often vary their requirements. The UK Finance Lenders’ Handbook requirements from Paragon Mortgages Ltd are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently:

A Timeline of Policy Changes


Since 2008, Paragon Mortgages Ltd has made 164 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 16.6 days. In total, 45% of the sections of P2 of the UK Finance Lenders’ Handbook for Paragon Mortgages Ltd have been changed since 15/12/2008.

To find out more about lender panel compliance,

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Q and A’s regarding the Paragon Mortgages Conveyancing Panel from members of the public

I have been advised by my broker that I have to pay Paragon Mortgages fees should I instruct my family lawyer. How good are the Paragon Mortgages conveyancing panel solicitors? I dont care which law firm I use as long as they're good and not exorbitantly priced. Are there any Paragon Mortgages conveyancers you'd recommend?
Paragon Mortgages’s conveyancing panel is substantial so it would be advisable to check with the firms you are getting quotes from that they are on the panel. You can search by postcode on the search tool on this site to find solicitors that Paragon Mortgages will allow to act for them.
Our conveyancing solicitor has requested from me proof of ID documents asserting that this is part of his legal duty as a solicitor on the Paragon Mortgages Solicitor panel. Can this be correct?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing business. The Client Care letter that you need to sign will no doubt confirm this. Your lawyer is right that Paragon Mortgages also require certain documents to be viewed. If a you refuse to provide ID verification documents, your conveyancer would not be able to accept instructions from you. Your lawyer also has obligations to obtain certain documents in accordance with Paragon Mortgages CML Handbook requirements last updated on Paragon Mortgages
How do I search for a local solicitor on the Paragon Mortgages conveyancing panel? I have a car and am prepared to travel up to 20 miles to meet the conveyancer.
You can use the find a conveyancing panel search on this website. Please choose the lender and your location and you will see a number of lawyer located nearest you. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the Paragon Mortgages solicitor panel.
I was supposed to move into my flat yesterday. My solicitor is on the Paragon Mortgages conveyancing panel but has changed address 8 weeks ago and had not advised Paragon Mortgages of their new address. Paragon Mortgages has locked down the release of mortgage funds as the information from the solicitors isn't correct.
This is as unusual as it is unlucky. Most lender Terms of Conveyancing Panel Appointment specifically oblige the solicitor to inform the lender of an address change. Your solicitor needs to treat this with the utmost urgency. Do speak with or register your concern with the senior partner (assuming he or she is not your direct lawyer). Most lenders would be reasonable in this situation and expedite the resolution of this issue. It may be prudent to enlist the help of your local Paragon Mortgages branch or your mortgage broker to see if they can assist.
Are all Conveyancing Quality Solicitors on the Paragon Mortgages conveyancing panel?
Some major banks and building societies now use CQS as the starting point for Panel membership such as HSBC and Santander. The Law Society’s CQS accreditation however gives no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to join their approved list of firms.
Hi, thinking about buying a house off my mate. Assuming we can agree a figure, what’s the best way to proceed? I hope to get a mortgage with Paragon Mortgages. Is it possible to avoid using solicitors to save on the costs? My father said that years ago it was possible to take the documents into the local Land Registry office and they did the rest
If you are getting a mortgage with Paragon Mortgages involved you will need to appoint a solicitor on the Paragon Mortgages conveyancing panel. We would not encourage you to both use the same solicitors' firm. There are clear conflict of interest issues and it's not going to make a huge difference to the speed of the overall process. So as not to hold things us you should pass on your solicitors details to Paragon Mortgages. Feel free to use our search tool to look for a licensed conveyancer or solicitor on the Paragon Mortgages conveyancing panel.
My husband and I are buying a 1st floor apartment in Hendon. Conveyancing solicitors in Hendon will soon begiven the go-ahead. My brother-in-lawrecommended that we enquire that the solicitor in Hendon is on the Paragon Mortgages approved list of lawyers. Is this really necessary?
Far from all Hendon conveyancing solicitors are on the Paragon Mortgages conveyancing panel. Click here to search for a Hendon conveyancing firm on the on the Paragon Mortgages solicitors pane.