Nice! Tricky, but that's what we come here for.
This one took me quite a while to make work; I suspect it's been done before in some form, but I'm still pleased I found some version that hung together.
1. A Time Lord, a fool? He chooses.
2. Earn ill an elvish title, but outside the youngest asks: he fairy enough?
3. Engulf a dubious panda for one who's missing one.
4. In the south, the pages could say what Tolkien got.
5. Haughty? Not entirely: say rather he knows where he's going.
6. Not one of the six (or seven?), but of their kind: forget his name and say what he is.
7. Born green and grey: one to his name, but whence the other? Not just his father's son.
8. Son of the last to rule; by title he could sail inland from the Havens, but find only one.
hS