Adam & Company International Conveyancing Panel : Questions and Answers
from members of the public
I have been advised by my broker that I have to pay Adam & Company International fees if I use my own solicitor. How good are the Adam & Company International conveyancing panel solicitors? I'm happy to use any solicitor in the country TBH as long as they're good and not exorbitantly priced. Are there any Adam & Company International conveyancers you'd recommend?
Adam & Company International’s conveyancing panel is pretty large so it would be advisable to check with the firms you are getting quotes from that they are on the panel. You can search by postcode on the search tool on this site to find solicitors that Adam & Company International will allow to act for them.
Our conveyancing solicitor has requested from me proof of ID documents stating that this forms part of his requirements as a conveyancer on the Adam & Company International Conveyancing panel. Can this be correct?
Anti-terror and anti-money-laundering rules require solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing business. The Client Care letter that you need to sign will no doubt confirm this. Your lawyer is right that Adam & Company International also require certain documents to be viewed. If a you refuse to provide ID verification documents, your conveyancer would not be able to accept instructions from you. Your lawyer also has obligations to obtain certain documents in accordance with Adam & Company International CML Handbook requirements last updated on Adam & Company International
I require the services of 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. At a fee of one pound per month it is not expensive to register on the site
The lawyers that just started acting on my purchase in Hendon has suddenly closed. I chose them because I had to have a lawyer on the Adam & Company International conveyancing panel and my preferred lawyer was not. I paid them £200 on account. What do I do now?
Assuming that you have an Estate Agent in the equation then inform them straight away so that they can let the sellers know that there may be a slight delay due to reasons beyond your control. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Adam & Company International conveyancing panel and notify the lender. If you have paid over any money it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors should be in a position to assist
Is there a list of Adam & Company International panel conveyancers on the CML Handbook Website?
No. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. Very few lenders make their panel listings available online.
Can I be sure that the solicitor on the Adam & Company International panel is any good?
seeking recommendations is a good starting point. Before you go ahead check if they offer a no sale no fee offer. Also you often get what you pay for - a firm which quotes more will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the lawyer handling your transaction
After shopping around on the internet I have found a solicitor having made sure that they are on the Adam & Company International conveyancing panel. Does my lawyer arrange the survey of the property?
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Having read lots of house buying,I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my solicitor - who is on the Adam & Company International conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
Adam & Company International will need an independent valuation of the property. Your lawyer will not arrange this. Usually Adam & Company International will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey.
You may wish to consider appointing your own surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
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Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by postcode. As you are getting a mortgage with Adam & Company International you could contact your them to see if they have a list of approved surveyors.