Removal from the NRAM Ltd and other lender panels: Why they do it and how to get reinstated
- Significant delays in registering a charge on behalf of NRAM Ltd Delays or failure to register the NRAM Ltd charge may result in referral to external lawyers of NRAM Ltd to complete outstanding requirements.
- Breaches of NRAM Ltd conveyancing panel requirements
- Persistent non-compliance with post completion requirements on behalf of NRAM Ltd
- Failure to reapply to remain on the NRAM Ltd convincing panel
- Failure to act in accordance with the NRAM Ltd panel requirements, the written instructions that NRAM Ltd give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which NRAM Ltd may subsequently subscribe.
NRAM Ltd panel reinstatement : questions that we get asked
- Is there a limit to the number of occasions my law firm can submit applications to get back on the NRAM Ltd conveyancing panel?
- How long does the application process take when applying to be reinstated onto the NRAM Ltd conveyancing panel?
- Can we act for NRAM Ltd while the appeal for reinstatement on the NRAM Ltd panel is being reviewed? How do I know if our reinstatement application to the NRAM Ltd panel is accepted?
- Is there a fee to be reinstated onto the NRAM Ltd conveyancing panel?
- Can you outline the application protocol to be reinstated onto the NRAM Ltd conveyancing panel?
Top Tip: The best way to avoid the hassle of seeking NRAM Ltd panel reinstatement is to ensure that your firm is not removed off of the NRAM Ltd conveyancing panel in the first place.
Note: Subject to certain conditions Lexsure’s experts or consultants can assist in providing you with guidance for reinstatement onto the NRAM Ltd conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to NRAM Ltd directly or via their preferred panel manager. Any reinstatement application will have to be made by your firm. For the avoidance of doubt, Lexsure (or the Conveycentric Team) are in no way involved in managing the NRAM Ltd conveyancing panel.