Nedbank Conveyancing Lender Panel Compliance Tool

COMPLETIONmonitor is web-based pre- and post-completion checklist for residential conveyancing lawyers. Supported by the CML and PI insurers such as AmTrust. It is a unique risk management tool.

This software is the only way you can demonstrate to lender panels that you are, and can stay fully compliant with their instructions, with automatic updates on Nedbank’s changes. Even though utilising COMPLETIONmonitor is not a prerequisite for Nedbank , demonstrating you can remain up to date with Nedbank’s Handbook requirements is an excellent support to your panel application and, just as importantly, protect your panel status.

COMPLETIONmonitor creates real-time alerts, automatically produces COLP and CQS reports, and will enhance your firm's efficiency. In addition it is simply to use, cost-effective and, for many firms, leads to a PII saving.

Find a Law Firm approved by Nedbank

Banks and building societies often change their requirements. The UK Finance Lenders’ Handbook requirements from Nedbank are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, over time:

A Timeline of Policy Changes


Since 2008, Nedbank has made 132 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 20.7 days. In total, 60% of the sections of P2 of the UK Finance Lenders’ Handbook for Nedbank have been changed since 15/12/2008.

To find out more about lender panel compliance,

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FAQs : The Nedbank Conveyancing Panel from members of the public

It has come to my attention via my estate agent that my the law firm I have appointed is not on the Nedbank Conveyancing panel. What can I do to be certain that this is indeed the case?
The best course of action for you to take is to contact your conveyancer. You lawyer should advise you of the situation. If they are not on the panel they could put your in touch with solicitors on the the approved Nedbank solicitor panel.
We are due to exchange on the purchase a house but as a result of damage from the recent storms I have agreed compensation from the seller of £3k approx by way of a reduction in the price. This was going to be dealt with as part of the conveyancing process but my mortgage company Nedbank will not agree to this. Why was Nedbank even consulted?
Your lawyer being on the Nedbank conveyancing panel is duty bound to inform Nedbank of any changes to the purchase price. If you were to refuse your lawyers to disclose the reduction to Nedbank then they would have to discontinue acting for you and Nedbank.
I note that you have a search directory identifying solicitors on the Nedbank conveyancing panel. Do firms pay you a referral fee if I appoint them for my own conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the Nedbank conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint.
I was scheduled to complete on my first house yesterday. My lawyer’s firm is on the Nedbank conveyancing panel but has changed address in the past couple of months and had not advised Nedbank of their new address. Nedbank has locked down the release of mortgage funds as the information from the solicitors isn't correct.
This is as unusual as it is unlucky. The majority of lender Terms of Conveyancing Panel Appointment specifically oblige the solicitor to inform the lender of an address change. Your solicitor needs to treat this with the utmost urgency. Do speak with or register your concern with the senior partner (assuming he or she is not your direct lawyer). Most lenders would be reasonable in this situation and expedite the resolution of this issue. It may be prudent to enlist the help of your local Nedbank branch or your mortgage broker to see if they can assist.
Are all solicitor firms on the Nedbank conveyancing panel regulated by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Nedbank conveyancing panel they would need to be regulated by the SRA. Many lenders do allow licenced conveyancers on their panel in which case such firms would be regulated by the Council of Licensed Conveyancers (CLC).
My ex -wife’s name is on the Nedbank mortgage of my property but not on the land registry. The apartment was transferred to me on our divorce many years ago by way of a sealed court order. Does my ex still have a say on the sale even though the land registry showing the property in my name alone? Will I be required to take her name of the Nedbank mortgage in order to sell?
As regards the Nedbank mortgage, it is unusual that your ex-wife’s name remains on the mortgage but not on the title. It is conceivable that this is an oversight on the part of your conveyancers to ensure that her name was removed or even an administrative error on the part of Nedbank in failing to update their data. In any event, it should cause difficulty providing her name no longer appears on the Land Registry title and you have a court order ordering that the property is transferred to you.
Me and my partner are taking a long lease of a flat in Hendon. Conveyancing solicitors in Hendon will soon beretained. My brokersuggested that we enquire that the conveyancing practitioner in Hendon is on the Nedbank approved list of lawyers. Is this really necessary?
Far from all Hendon conveyancing practices are on the Nedbank conveyancing panel. 5 people a month use our search tool to find a Hendon conveyancing lawyer on the on the Nedbank list of approved conveyancing firms.