Nedbank Conveyancing Panel Information

The information on this page is designed to keep solicitors and licensed conveyancers abreast of latest requirements changes by Nedbank and to assist in remaining on the Nedbank Conveyancing Panel.

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Nedbank Conveyancing Panel: Recently Asked Questions

What obligations do I have, being on the Nedbank conveyancing panel, to carry out a flood search?

Nedbank make no specific obligation to carry out any of the searches listed. The UK Finance Lenders’ Handbook simply states that ‘you must ensure that any other searches which may be appropriate to the particular property, taking into account its locality and other features are carried out’.

Please note that most ‘less usual searches’ (as described in the Law Society’s Conveyancing Handbook) are not optional as far as Nedbank are concerned if they are ‘appropriate’. Most lenders will not require environmental searches (you should Check Part 2 of UK Finance Lenders’ Handbook to be sure), but you are obliged to explain risks and availability to the borrower.

Ground stability, Plansearch,flood searches as well as the searches listed in the question are optional – but only to the extent that you have allowed the borrower client to make an informed choice. Regardless of whether there is a mortgage, If you have not advised the client that these (and other) searches are available and what risks they cover, then you will be liable if the client suffers loss through not conducting one. Is this covered within your Terms of Engagement or Report on Title?

A leading search provider lists over 65 property searches – do you know what all of them are and when they may be relevant? If you are unsure as to which searches are appropriate based on location contact your search provider or call one of the leading search companies such as Searches UK.

Are the Council of Licensed Conveyancers taking any action to ensure that licensed conveyancers remain on lender conveyancing panels?

As is the case with the Law Society the Council of Licensed Conveyancers has entered discussions with lenders 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 Nedbank as well as the CML.

Do I risk of removal off the Nedbank conveyancing panel if I have not sent the deeds on a purchase within a certain time frame from draw-down of funds?

One might ordinarily expect Nedbank via their Part 2 requirements to address this but the Handbook makes no mention on time frames. You need to look at the Terms of Nedbank’s Conveyancing Panel Appointment that you previously signed. For many lender's these Terms have a clause such as: ‘To keep us informed of the reasons for any delay in your being able to send the title deeds and documents we require to us within 3 months of completion or evidence of proof of registration within that period. (We will send reminders if the deeds have not been received but will not acknowledge receipt of deeds’ It is important to keep Nedbank updated. Law firms can often compound their problems by not communicating with the lender when there is a delay or problem.

As the nominated Compliance Officer for Legal Practice what do I need to consider in terms of disclosures to the SRA if my firm is withdrawn off the Nedbank conveyancing panel?

The answer to this question really depends on the reason that your firm has been removed off the Nedbank conveyancing panel. The top 3 reasons are as follows:

lack of transactions
the lawyer is a sole practitioner
as part of the HSBC panel reduction.

In these three circumstances it is unlikely that you would expected to take any action. Disclosure and other compliance considerations are more likely to be relevant if the reason for removal is due to breaches of lender requirements or allegations of fraud or negligence. Whether the reasoning should trigger a disclosable 'material' breach will depend on the firm and the circumstances around possible failures to comply with the SRA Authorisation Rules, and the SRA will judge each case on its own merits. Factors such as the detriment or risk of detriment to clients, the scale of the issue and overall impact on the firm will need to be considered in deciding whether a failure is 'material'. As the COLP you will need systems to identify patterns of breaches. Even if you don't consider there to be regulatory implications the firms COFA should give some thought to whether she/he needs to take any action as result of being removed from the Nedbank conveyancing panel.

My firm is not on the Nedbank conveyancing panel as well other banks. My clients, who have applied for a mortgage with Nedbank still want me to act for them even though I am not on the Nedbank panel. Is it fine for me to use a firm down the road to act for Nedbank on mortgage aspect of the conveyancing?

You need to be careful here as what you are intending may not be acceptable to the lender. It is possible that you (as a non-panel firm) or the mortgage applicant are not at liberty instruct a panel firm of your choice. Lenders such as Nationwide BS make it clear to their panel firms that where a non-panel member firm is instructed by one of their mortgage applicants, the lender must appoint a panel firm to carry out its instructions and to liaise with the borrower's conveyancing firm. You also need to make the costs implications and potential for delay very clear to your client.

We had our Nedbank panel membership revoked but we have not yet been given a reason as to why. I am completing a CQS renewal form what details do I need to report?

In this situation please clarify on the form what action you have taken to discover the reasons behind cancellation of your Nedbank panel membership. In particular please provide details if you have received communications from the lender. E.G. before revocation of your panel membership did you receive any letters or calls from the lender putting you on notice?

My firm is listed on the Nedbank conveyancing panel and all set to complete a purchase shortly. I dont have a Legal Charge for the client to sign. Who do I contact at Nedbank to get a duplicate Deed?

You would be advised to contact Nedbank to obtain standard documents. The CML Handbook incorporates an express section for lenders to reveal who to contact to obtain standard documents. Nedbank in their Part 2’s state:

Don’t forget to disclose your Nedbank conveyancing panel number.

Find a Lawyer on the Nedbank Conveyancing Panel

Average number of days to register title including a charge in favour of Nedbank

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

Find solicitors on the Nedbank panel near you:

Please note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors