Looking for information about your firm's panel status?
NRAM Ltd Conveyancing Panel: Recently Asked Questions
Are NRAM Ltd Conveyancing panel solicitors obliged to disclose incentives?
NRAM Ltd’s answer to this question can be found at section 6.4.4 of their CML Part 2 requirements
What can you suggest we do if we wish to appeal being removed from the
NRAM Ltd conveyancing panel?
If you are removed from the
NRAM Ltd conveyancing panel and you are unaware of or disagree with the reasons for your removal you should: (a) Contact
NRAM Ltd directly. (b) If there is an appeals process detailed on your letter you should follow the process.
In appealing a decision by NRAM Ltd, it may be useful to provide the following information:
- Comprehensive account of your conveyancing history
- Your COMPLETIONmonitor reports, assuming you use the Lexsure software
- Your recent claims history
- Full details of all staff in your firm and their role.
- Note down if a solicitor has been admitted to the role on completion of the Qualified Lawyers Transfer Test.
- Forward copy practising certificates, the firm's current professional indemnity policy and the firm’s accountant's certificate, summarising what % of the firm's gross fee income is resulting from residential conveyancing
On appeal some solicitors have been able to regain membership to panels notwithstanding the policy by the respective lenders to refuse panel membership to firms with certain profiles or characteristics. The success is primarily due to the firms’ ability to persuade the lender to make an exception if there is sufficient evidence to reassure them that the firm is a ‘low risk’.
Do you have any idea what Lenders such as
NRAM Ltd are asking for when it comes to applying to be on their approved solicitor list?
Each lender has different criteria.
We do not hold specific requirements relating to the questions raised as part of the application to be on the
NRAM Ltd conveyancing panel. Typically lenders need to have full knowledge of a firm including (but not limited to):
List of all those who fund the firm, including non-lawyers if applicable
Whether the firm has ever knowingly accepted instructions on transactions involving Sale and Rent Back, Back to Back, Exchange and Delayed Completion and Lease Option, Below Market Value.
Number of lender conveyancing panels the firm is currently on
Full complaints history for each conveyancing solicitor
House price discrepancies (declared to lender vs. registered at Land Registry)
Full disciplinary history for each conveyancing solicitor
Solicitor
PII Cover details, including, if relevant, whether the firm is or has been in the assigned risks pool and structure of cover – basic
Details of any accreditation e.g. Lexcel or
List of all those who can sign off the Certificate Of Title
Are the Council of Licensed Conveyancers taking any action to ensure that licensed conveyancers remain on lender conveyancing panels?
The CLC has begun discussions with banks and their representative bodies to see whether and how the risks that lenders wish to mitigate could be addressed through the regulatory framework rather than via ad hoc arrangements that can differ from lender to lender. We expect that that the CLC have been in touch with lenders such as
NRAM Ltd since 2008 which is when lenders started being more restrictive.
Will CQS membership guarantee my firm’s acceptance on to lenders conveyancing panels?
CQS accreditation is no guarantee to lender panel acceptance. Nevertheless the CML have indicated that it is likely to become a prerequisite for firms wishing to join their approved list of firms. Some mortgage companies now use the Conveyancing Quality Scheme accreditation as the starting point for Panel acceptance as is the case with HSBC.
Our practice is on the
NRAM Ltd
conveyancing panel and all set to complete a remortgage within the next week. I can not locate a Legal Charge for the client to sign.
Who do I contact at NRAM Ltd to get a duplicate Deed?
You need to get in touch with NRAM Ltd
to obtain standard documents. The CML Handbook includes an express inquiry for banks to enumerate who to contact to obtain standard documents.
NRAM Ltd in their Part 2’s state:
Don’t forget to quote the firm’s NRAM Ltd conveyancing panel number.
Find a Lawyer on the NRAM Ltd Conveyancing Panel
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Average number of days to register title including a charge in favour of NRAM Ltd
This information relates to purchase only and not remortgages.
| Year | Days* |
|---|---|
| 2026 | [no data] |
| 2025 | [no data] |
| 2024 | [no data] |
| 2023 | [no data] |
| 2022 | [no data] |
| 2021 | [no data] |
* Data aggregated from sources including COMPLETIONmonitor
Other related topics:
- CQS policy templates and procedures for accredited NRAM Ltd Firms
- Draft Report on Title precedent for NRAM Ltd borrowers
- Draft Anti Money Laundering PolicyTemplate for NRAM Ltd panel firms to consider
- Dealing with Lender Policy Template panel for CQS accredited firms on the NRAM Ltd lender panel
- Buy-to-Let help for NRAM Ltd
- Consent-to-Let help for NRAM Ltd
- Contractor Mortgages with NRAM Ltd
