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Ready to buy a new home? Failing to check that a lawyer is on the NRAM list of approved solicitors can put your transaction at risk of delay or failure.

Find an Approved Solicitor on the NRAM Ltd Conveyancing Panel

NRAM Ltd Conveyancing Panel : Questions and Answers

I am getting a mortgage offer from NRAM Ltd. my intention is to use a Licensed Conveyancer. Does the NRAM Ltd Conveyancing panel allow for conveyancers regulated by the CLC
NRAM Ltd’s approved solicitor list is, like many other lenders represented by the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
My lawyer has informed me that he requires personal identification documents saying that this is part of his retainer as a conveyancer on the NRAM Ltd Solicitor panel. Can you confirm whether this is the case?
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 Terms and Conditions that you need to sign will no doubt confirm this. Your lawyer is right that NRAM Ltd 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 NRAM Ltd CML Handbook requirements last updated on NRAM Ltd
Do all the licensed conveyancers and solicitor practices listed on your search have online case tracking as I understood that this was a condition of being on the NRAM Ltd conveyancing panel?
No. There is no CML Part 2 or Building Society Association requirement relating to online case tracking. Some law firms operate such technology and some don't.
The solicitors that just started acting on my house acquisition in London has without warning closed. They were on acting for me because I needed a firm on the NRAM Ltd conveyancing panel and my previous lawyer was not. I paid them £200 on account. What are my options?
Assuming that you have an Estate Agent in the equation then let them know straight away so that they can let the sellers know that there may be a slight delay due to the problems encountered. Most sellers would 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 NRAM Ltd 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 solicitors should be in a position to help
Can you point me to a directory of NRAM Ltd panel conveyancers on the Council of Mortgage Lender’s Website?
No. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. Very few lenders make their panel listings available online.
My wife and I have arranged a further advance on our mortgage from NRAM Ltd as we wish to carry out alterations or improvements our home. Do we need to appoint a solicitor on the NRAM Ltd conveyancing panel to deal with the paperwork?
NRAM Ltd would not normally appoint a member of their approved list of lawyers to deal with such a matter. If they did require any legal work then you would need to ensure that such a lawyer was on the NRAM Ltd panel
I am due to exchange contracts on my house. I had a double glazing fitted in month 2010 but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, NRAM Ltd are being pedantic. The solicitor who is on the NRAM Ltd conveyancing panel is happy to accept ‘lack of building regulation’ insurance but NRAM Ltd are requiring a building regulation certificate. Why do NRAM Ltd have a conveyancing panel of they don’t accept advice from them?
It is probably the case that NRAM Ltd have referred the matter to their valuer. The reason why NRAM Ltd may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing correctly and safely installed. It merely protects against enforcement action which is very unlikely anyway.