Frequently asked questions relating to the Adam & Company International Conveyancing Panel from members of the public
I was advised recently by my estate agent that my solicitor is not on the Adam & Company International Solicitor panel. What can I do to be sure that this is correct?
You need to contact your lawyer directly. You lawyer should 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 wife and I changing mortgage lender for our maisonette with Adam & Company International. We have a son 19 who lives with us. The solicitor on the Adam & Company International conveyancing panel has asked us to disclose anyone over the age of 17 other than ourselves who reside at the property. Our lawyer has now e-mailed a document for our son to sign, waiving any legal rights in the event that the flat is forfeited by the lender. I have a couple of questions (1) Is this form unique to the Adam & Company International conveyancing panel as he did not need to sign this form when we remortgaged 5 years ago (2) In signing this form is our son in any way compromising his right 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 need to find a Adam & Company International panel solicitor in Belfast. Can you assist?
It is not clear why you need a Adam & Company International panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to Adam & Company International to find out which solicitors in Adam & Company International are on their panel. If you do find such a firm not listed please direct them to our site to list. After all the cost is only one £1 a month
My grandmother passed away last year and as sole heir and executor was left the house. The house had a small mortgage remaining of approximately £5k. I want to have the title changed into my name whilst I re-mortgage to Adam & Company International , pay off the mortgage etc. Is this allowed?
If you intend to re-mortgage then Adam & Company International will insist on your using a conveyancer on the Adam & Company International conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Adam & Company International conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Adam & Company International mortgage is registered as a charge at the Land Registry.
Hi, thinking about buying a house off my mate. Once we agree a price, what’s the best way to move forward? I plan to obtain a mortgage with Adam & Company International. Is it possible to avoid using solicitors to save us both money? My father said that years ago it was possible to take the documents into the local Land Registry office and they did the rest
If you are getting a mortgage with Adam & Company International involved you will need to appoint a solicitor on the Adam & Company International conveyancing panel. We would not encourage you to both use the same solicitors' firm. There are clear conflict of interest issues and it's not going to make a huge difference to the speed of the overall process. So as not to hold things us you should pass on your solicitors details to Adam & Company International. Feel free to use our search tool to look for a licensed conveyancer or solicitor on the Adam & Company International conveyancing panel.
The mortgage over my property is with Adam & Company International. Conveyancing was finalised a year ago. Should I wish to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Adam & Company International?
You must advise Adam & Company International prior to letting out your property as this is likely to be a breach of Adam & Company International’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Adam & Company International directly. It should not be necessary to do this via a Adam & Company International conveyancing panel firm.
My husband and I are acquiring a house in Hendon. Conveyancing solicitors in Hendon are about to beappointed. My brother-in-lawsuggested that we check that the property lawyer in Hendon is on the Adam & Company International list of approved conveyancing firms. Is this really necessary?
Far from all Hendon conveyancing practices are on the Adam & Company International conveyancing panel. 7 people a month use our search tool to search for a Hendon conveyancing firm on the on the Adam & Company International list of approved conveyancing firms.