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Paratus Conveyancing Lender Panel Compliance Tool

Looking for information about your firm's panel status?

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How can my firm apply to be on the Paratus Conveyancing Panel?
Check your firm’s panel Status
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How can my firm be reinstated onto the Paratus Conveyancing Panel?
Check your firm’s panel Status

Lexsure’s COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. It is supported by PI insurers. COMPLETIONmonitor is a unique risk mitigation tool.

This software assists the way you can prove to lender panels that you are, and can stay fully compliant with their instructions, with automatic updates on Paratus’s changes. While using COMPLETIONmonitor is not a condition for being on the Paratus panel, demonstrating you can remain up to date with Paratus’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 software creates real-time alerts, automatically produces compliance and CQS reports, and will increase your firm's efficiency. In addition it is user friendly, cost-effective and, for some firms, leads to a PII saving.

Find a Law Firm approved by Paratus

Lenders frequently vary their requirements. The UK Finance Lenders’ Handbook requirements from Paratus 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, Paratus has made 314 revisions or additions to sections of their version of the UK Finance Handbook.
That equates to a section change every 8.7 days. In total, 60% of the sections of P2 of the UK Finance Lenders’ Handbook for Paratus have been changed since 15/12/2008.

To find out more about lender panel compliance,
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FAQs for the Paratus AMC Conveyancing Panel from members of the public

I am in the process of selling my flat and the EA has just texted me to advise that the buyers are changing their property lawyer. The excuse is that Paratus AMC will only deal with solicitors on their conveyancing panel. On what basis would a major mortgage company only deal with specific solicitors?
Mortgage companies have always had panels of law firms they are willing to work with, but in the past few years big names such as Nationwide , have reviewed and reduced their conveyancing panel– in some cases removing conveyancing firms who have worked with them for more than 25 years.

Banks blame a rise in fraud as the reason for the cull – criteria have been tightened and a smaller panel should be easier to keep an eye on. No lender will say how many solicitors have been dropped, claiming the information is commercially sensitive, but the Law Society says it is hearing daily from firms that have been removed from panels, or have other concerns about them. Some do not even realise they have been dropped until contacted by a borrower who has instructed them as might be the situation in your buyer’s case. Your purchasers are unlikely to have any sway in the decision.

Our lawyer has identified a defect with the lease for the flat we are purchasing. The other side have put forward title insurance as a workaround. We are content with insurance and will cover the costs. Our solicitor says that as he is on the Paratus AMC conveyancing panel he must ensure that the lender is happy with this solution. Are we the client or is Paratus AMC?
Just because you have a mortgage offer from Paratus AMC does not mean to say that the property will be meet their requirements for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the CML Handbook Requirements. You and Paratus AMC are the client. The appropriate lender requirements have to be complied with by the Paratus AMC conveyancing panel who has to balance acting for you and Paratus AMC
I need to find a Paratus AMC panel solicitor in Belfast. Can you assist?
Unfortunately it’s not apparent why you need a Paratus AMC panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to Paratus AMC to find out which solicitors in Paratus AMC 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
The lawyers that just started acting on my house acquisition in Manchester has suddenly closed. I only went with them because I needed a firm on the Paratus AMC conveyancing panel and my preferred lawyer was not. I paid them £200 on account. What do I do now?
If you have an estate agent involved then let them know immediately so that they can let the sellers know that there may be a slight delay due to reasons beyond your control. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Paratus AMC conveyancing panel and notify the lender. If you have paid over any money it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers may be able to help
What are the common reasons for a lender such as Paratus AMC to withdraw a mortgage offer?
Lenders such as Paratus AMC can revoke their mortgage offer although this is unusual. If Paratus AMC withdraw their offer they may or may not inform you or the lawyer as to their reasoning. There are various possible reasons but here are a few examples:
  • If the borrower informs Paratus AMC of a change in the loan amount agreed
  • A cashback to the buyer, or | part of the price includes a non-cash incentive to the buyer (eg paid stamp duty land tax),or | any indirect incentive (cash or non cash) or rental guarantee, of which the lender was previously unaware
  • Where to proceed with the Mortgage offer would be unlawful
  • If the lender reasonably suspects that the applicant, borrower, mortgagor or guarantor is involved in any criminal or fraudulent activity, including trading in illegal drugs or other substances, theft, robbery, deception or other serious offences, or if the applicant borrower, mortgagor or guarantor has a conviction for any serious criminal offence, including theft, deception, fraud, robbery or trade in illegal drugs or other substances;
  • If the solicitor on the Paratus AMC conveyancing panel acting for the applicant, borrower, mortgagor or guarantor cannot comply with Paratus AMC ‘s instructions
We expect to receive a DIP from Paratus AMC this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc).Do the Paratus AMC recommend a solicitor on the Paratus AMC conveyancing panel, or is it better to find our own lawyer
You will need to appoint solicitors independently although you'll need to choose one on the Paratus AMC conveyancing panel. The solicitor represents both you and the Paratus AMC through the process.
Next month my fiance and I are buying a house in Hendon. Conveyancing solicitors in Hendon need to beinstructed. My agentrecommended that we double-check that the solicitor in Hendon is on the Paratus AMC approved list of lawyers. Is this really necessary?
Far from all Hendon conveyancing practices are on the Paratus AMC conveyancing panel. Use the above search tool to search for a Hendon conveyancing lawyer on the on the Paratus AMC panel.