Paragon Mortgages Ltd is amongst other lenders, one of the firm’s most valued clients for conveyancing work.
Can you be sure that you are complying with the requirements as a practice on the Paragon Mortgages Ltd conveyancing panel?
As far as we are aware Lexsure is uniquely positioned to conduct a comprehensive lender panel compliance audit for your conveyancing files where Paragon Mortgages Ltd are the the mortgagor.
Our comprehensive bank of Paragon Mortgages Ltd Handbook instructions gives us the ability to review a law firms’ conveyancing files whilst on the Paragon Mortgages Ltd conveyancing panel retrospectively and in much the same way as Paragon Mortgages Ltd would.
Lexsure’s panel of expert auditors impartially review making use of propriety templates and Lender P2 archives whether each conveyancing matter breached the requirements at the time the CoT was rendered.
For conveyancing firms where their search provider is not offering the service, our fee for a Paragon Mortgages Ltd compliance panel audit is £1,975+VAT. Our team tend to audit 6 case files involving Paragon Mortgages Ltd, which we can stratify by tenure (e.g. leasehold) date or a multitude characteristics.
Once the audit is completed, we will prepare a full written findings for your cases with Paragon Mortgages Ltd and a baseline risk score. We can also follow-up with you to explain our auditor’s findings and recommendations in a formal interview. Audit follow-up will occur. Our office will contact the managing partner to request the status of actions taken. A maximum of one lender conveyancing panel audits may be requested by a firm per annum.
Lexsure’s Conveyancing Audit Scheduling System (LCASS) enables you to select the date, time and location of a Paragon Mortgages Ltd conveyancing panel compliance audit. The system is available 24/7, which eliminates most instances where you have to wait for business hours to contact Lexsure to schedule or rearrange a Paragon Mortgages Ltd panel compliance audit. Please note that before accepting a Paragon Mortgages Ltd conveyancing panel compliance review we have to conduct a conflict check. It is sometimes not possible for Lexsure to carry out a Paragon Mortgages Ltd panel Handbook risk audit