Adam & Company International Conveyancing Lender Panel Compliance Tool

Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for residential conveyancing lawyers. Supported by the CML and professional indemnity insures. It is a unique risk management tool.

This software assists the way you can prove to lender panels that you are, and can stay fully compliant with their requirements, with alerts on Adam & Company International’s changes. Notwithstanding that utilising COMPLETIONmonitor is not a condition for being on the Adam & Company International panel, demonstrating you can remain up to date with Adam & Company International’s Handbook requirements is a helpful support to your application to their lender panel and, just as importantly, safeguard your panel status.

The software generates real-time alerts, automatically produces COLP and CQS reports, and will increase your firm's efficiency. It is also user friendly, cost-effective and, for some firms, results in reduced PII premiums.

Book a Adam & Company International Panel Compliance Demo

Mortgage companies often vary their requirements. The UK Finance Lenders’ Handbook requirements from Adam & Company International are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently:

A Timeline of Policy Changes

Since 2008, Adam & Company International has made 216 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 12.6 days. In total, 61% of the sections of P2 of the UK Finance Lenders’ Handbook for Adam & Company International have been changed since 15/12/2008.

To find out more about lender panel compliance,

Book a Personalised Demo

Recent Changes Include

# Date Assoc. Changes Related To
6.14.3 01/12/2014 CML
10.11 24/01/2011 CML
14.1.5 24/01/2011 CML
16.4.1 24/01/2011 CML
5.14.10 24/01/2011 CML
5.14.9 24/01/2011 CML
5.15.2b 24/01/2011 CML
5.15.2c 24/01/2011 CML
5.5.3c 24/01/2011 CML
5.7.1b 24/01/2011 CML Flying Freehold Indemnity Insurance

Last update 17/11/2018

FAQs : The Adam & Company International Solicitor Panel from members of the public

Much to my surprise I have been told by my mortgage adviser that my lawyer is not on the Adam & Company International Conveyancing panel. What can I do to be sure that this is correct?
You need to contact your lawyer directly. It is reasonable to expect your lawyer to advise you of the situation. If they are not on the panel they may recommend you to a firm that is on the conveyancing panel for Adam & Company International.
My partner and I intend to remortgage our flat with Adam & Company International. We have a son 19 who lives with us. The solicitor on the Adam & Company International conveyancing panel requested us to identify anyone over the age of 17 other than ourselves who lives in the flat. The solicitor has now sent a form for our son to sign, giving up any rights in the event that the apartment is forfeited by the lender. I have a couple of questions (1) Is this document specific to the Adam & Company International conveyancing panel as he did not need to sign this form when we remortgaged 4 years ago (2) Does our son by signing this giving up his rights to inherit the property?
On the face of it your lawyer has done nothing wrong as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Adam & Company International .This is solely used to protect the Adam & Company International if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave.

It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Adam & Company International had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.

I have been Googling for competitive conveyancing fees. Can I be confident that all the law firms that are listed on your website are on the Adam & Company International conveyancing panel?
The solicitor and licensed conveyancing practices listed on our site have assured us via an online form that they are on the Adam & Company International panel and agreed to advise us to take down their listing in the event of removal off of the Adam & Company International panel. To date we have not been informed by either a mortgage company or a member of the public that the data about a specific firm being on the Adam & Company International conveyancing panel is incorrect.
I am buying a terraced house and getting a mortgage with Adam & Company International. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the Adam & Company International conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to made in you doing to conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on the Adam & Company International conveyancing panel in your location.
I previously instructed online conveyancers located in Manchester who are on the Adam & Company International solicitor panel. They are now charging me a separate fee of £195 for dealing with the Adam & Company International mortgage. Is this a supplemental conveyancing fee specified by Adam & Company International?
Unfortunately, as long as it is in their Terms and Conditions or Quote then yes your solicitors can charge a fee for this. This fee is not set by Adam & Company International but by your lawyers. Some firms on the Adam & Company International will charge an ‘acting for lender’ fee and others do not.
We expect to receive a DIP from Adam & Company International this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc).Do the Adam & Company International recommend a solicitor on the Adam & Company International conveyancing panel, or is it better to go independently
You will need to appoint solicitors independently although you'll need to choose one on the Adam & Company International conveyancing panel. The solicitor represents both you and the Adam & Company International through the process.
My husband and I are in the throws of viewing apartments and now considering a potential offer. Is it best to have a conveyancer on ‘stand by’? I intend to finance via a mortgage with Adam & Company International
It would be sensible to have your start your search soon rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on the the EA. As you are getting a mortgage with Adam & Company International , ask your prospective lawyers check they are on the Adam & Company International conveyancing panel otherwise they can't do the mortgage legal work.