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 Council of Mortgage Lenders and PI insurers such as AmTrust. COMPLETIONmonitor is a unique risk mitigation tool.

This system optimises the way you can prove to lender panels that you are, and can remain fully compliant with their requirements, with automatic updates on Adam & Company International’s changes. Notwithstanding that using COMPLETIONmonitor is not a condition for acceptance 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 panel application and, more importantly, safeguard your panel standing.

The software creates real-time alerts, automatically produces COLP and CQS reports, and will enhance your firm's efficiency. It is also simply to use, cost-effective and, for some firms, leads to a PII saving.

Find a Law Firm approved by Adam & Company International

Lenders often change 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,

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Recent Changes Include

# Date Assoc. Changes Related To
3.1.3 01/12/2014 CML
10.2b 24/01/2011 CML
10.9 24/01/2011 CML
12.3.1 24/01/2011 CML
16.5.3a 24/01/2011 CML
3.2.3 24/01/2011 CML
5.14.15a 24/01/2011 CML Absentee Landlord Indemnity Insurance
5.14.15b 24/01/2011 CML Absentee Landlord Indemnity Insurance
6.10.2 24/01/2011 CML
6.14.1a 24/01/2011 CML

Last update 15/07/2019

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

My fiance and I are buying a 1 bedroom apartment in London with a mortgage from Adam & Company International. We would like to retain our solicitor but Adam & Company International says he's not on their "panel". It seems we have little choice but to instruct one of the Adam & Company International panel solicitors or keep our solicitor and pay for one of their panel ones to represent them. This seems very unfair; is there anything we can do?
No, not really. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the Adam & Company International conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your lawyer to apply to be on the conveyancing panel for Adam & Company International
Our conveyancing solicitor has informed me that he requires ID documents asserting that this is part of his requirements as a conveyancer on the Adam & Company International Solicitor panel. This is news to me - can I refuse?
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
Do all the firms listed on your directory have online case tracking as I was under the impression that this was a precondition of being on the Adam & Company International conveyancing panel?
No. There is no CML Part 2 or Building Society Association requirement relating to online case tracking. Some law firms operate such technology and some don't.
I am buying a new build flat 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.
Last month we had a mortgage agreed in principle with Adam & Company International. Solicitors have been chosen? What is the average time that one could expect to receive a mortgage offer from Adam & Company International?
Some lenders take longer than others. Have Adam & Company International done the survey? Have you advised Adam & Company International as your lawyers details and checked that your lawyer is on the Adam & Company International conveyancing panel? sometimes it can take as long as six weeks for a mortgage offer to be issued
I have today made my last payment due on mortgage with Adam & Company International. I assume I don't need a solicitor on the Adam & Company International panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Adam & Company International mortgage they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Adam & Company International mortgage from the register. Adam & Company International,and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage: but are not moving to another property where the Adam & Company International has sent the Land Registry the discharge electronically, and the Adam & Company International has instructed the Land Registry to do so The Land Registry will send you a letter confirming that your Adam & Company International mortgage has been paid off.
We are are remortgaging a 1st floor apartment in Hendon. Conveyancing solicitors in Hendon will soon beappointed. My motheradvised that we enquire that the property lawyer in Hendon is on the Adam & Company International panel. Is this right?
Far from all Hendon conveyancing firms are on the Adam & Company International conveyancing panel. Use the above search tool to locate a Hendon conveyancing solicitor on the on the Adam & Company International list of approved conveyancing firms.