Adam & Company Solicitor Panel Sample Enquires to our Call Center from members of the public
My property lawyer has never been on on the Adam & Company Conveyancing Panel. Can I still use my family solicitor notwithstanding that they are excluded from the Adam & Company panel of approved conveyancing solicitors?
You will need to have a conveyancer complete the legal work required when you take out a Adam & Company mortgage to buy your property. They’ll carry out all the necessary legal checks on the property, make sure that you’re properly registered as the owner and ensure that all the necessary mortgage documentation is in place. You can instruct a conveyancing firm of your choice. However, if the firm selected is not a member of the Adam & Company conveyancing panel additional costs will be incurred as separate legal representation will be required by Adam & Company. Conveyancing panel applications can be submitted, so if your conveyancer has not previously applied for membership they can do so.
Can you help?. For no fault of my lawyer but, the conveyancing for my house purchase has been going on for months. The Local Authority Search from Adam & Company was dated random date and we have agreed a date for me to move into the property on Tues etc. My lawyer says that as she is on the Adam & Company conveyancing panel she needs to reorder the searches as they are now out of date.
One of the many conditions to being on the Adam & Company approved panel is to comply with the CML Handbook Part 2 obligations (last updated for this lender on Adam & Company)which specifies that a local authority search be not more than half a year old. You should nevertheless ask your lawyer to check whether something called ‘search validation’ indemnity insurance is acceptable to Adam & Company.
Is it necessary during the course of the conveyancing process to visit the offices of the Adam & Company conveyancing panel solicitor to execute the mortgage deed? If so, I will instruct a firm who offer conveyancing in Bristol
so that I can pop in to their offices if necessary.
As opposed to ten years ago, most lenders no longer require their conveyancing panel solicitor to witness the borrowers signature. You will still be obliged to provide ID Documents and there are still distinct advantages to using a local solicitor, in your case a conveyancing solicitor in Bristol
.
I am attempting to get my ex-husband taken off the mortgage deeds. Can Adam & Company really insist on which solicitor I can or can not use?
You can use any solicitor you like but Adam & Company then has the right to appoint a different solicitor to act for them at your expense. It might be more cost effective and quicker to instruct a lawyer who is on the Adam & Company solicitors panel
Hi, thinking about buying a house off my mate. Assuming we can agree a figure, what’s the best way to move forward? I hope to get a mortgage with Adam & Company. Is there anyway to cut out the solicitors to save on the costs? 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 involved you will need to appoint a solicitor on the Adam & Company 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. Feel free to use our search tool to look for a licensed conveyancer or solicitor on the Adam & Company conveyancing panel.
After much negotiation I have agreed a price on an apartment. My financial adviser recommended their conveyancers I paid an upfront payment of 225. Soon after the conveyancers contacted me to say that they were not on the Adam & Company conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Adam & Company panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Adam & Company have agreed my mortgage in principle, my offer on house has been accepted, now what?
The estate agent will want to know who your solicitors are (make sure these solicitors are on the lenders panel). Call up Adam & Company or your broker and complete any relevant paperwork. Adam & Company will tell you what documents they want. Adam & Company will instruct a valuer. The valuer will get in touch with the estate agent or seller to book an appointment. Once conducted (assuming no problems) it takes about week to get a mortgage offer. Adam & Company will issue the offer to you and your lawyer. The transaction will then take it’s course according the nature and complexity of the conveyancing.