Adam & Company Conveyancing Lender Panel Compliance Tool

COMPLETIONmonitor is web-based pre- and post-completion checklist for property lawyers. Supported by the CML and PI insurers such as AmTrust. It is a unique risk mitigation tool.

This software is the only way you can prove to lender panels that you are, and can remain fully compliant with their requirements, with notifications given on Adam & Company’s changes. Notwithstanding that utilising this technology is not a condition for being on the Adam & Company panel, demonstrating you can stay up to date with Adam & Company’s Handbook requirements is an excellent support to your application to their lender panel and, just as importantly, protect your panel standing.

The system creates real-time alerts, automatically produces compliance and CQS reports, and will increase your firm's efficiency. In addition it is user friendly, cost-effective and, for many firms, leads to a PII saving.

Find a Law Firm approved by Adam & Company

Mortgage companies often vary their requirements. The UK Finance Lenders’ Handbook requirements from Adam & Company 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 has made 219 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 12.5 days. In total, 61% of the sections of P2 of the UK Finance Lenders’ Handbook for Adam & Company 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
6.7.1 12/06/2017 CML
6.14.3 01/12/2014 CML
10.3 14/01/2011 CML
10.9 14/01/2011 CML
14.1.5 14/01/2011 CML
14.2.1 14/01/2011 CML
16.3.7a 14/01/2011 CML
16.5.2 14/01/2011 CML
4.5b 14/01/2011 CML
5.5.1b 14/01/2011 CML

Last update 12/09/2019

Adam & Company Solicitor Panel Sample Enquires to our Call Center from members of the public

My financial adviser has informed me that I have to pay Adam & Company fees if I use my own solicitor. How good are the Adam & Company conveyancing panel solicitors? I'm happy to use any solicitor in the country TBH as long as they're good and reasonably priced. Are there any Adam & Company conveyancers you'd recommend?
Adam & Company’s conveyancing panel is substantial 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 will allow to act for them.
Expecting to complete my purchase next Thursday. I have now been asked to send a copy of my building insurance schedule by my solicitor as he says that he has to check this in has capacity as lawyer for Adam & Company. What does the insurance need to cover?
Any lawyer on the Adam & Company conveyancing panel would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in Adam & Company’s Part 2 requirements of the CML Handbook (last updated on Adam & Company). Being on the Adam & Company conveyancing panel your lawyer is expect to follow these requirements.
I am purchasing a property and need a conveyancing solicitor in London who is on the Adam & Company conveyancing. Can you recommend a local solicitor?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for Adam & Company . We don’t recommend any particular firm.
I am buying a garden flat and getting a mortgage with Adam & Company. 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 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 conveyancing panel in your location.
My brother and I have had an offer accepted on a apartment I spoke to a solicitor previously used by my mum and he recommended retaining a law firm approved by Adam & Company. The estate agent recommended two local firms so I asked Adam & Company if the 2 suggested solicitors are approved, which they are not. Adam & Company suggested that either firm can fill out the appropriate forms to become approved. Do I (1) save myself the aggravation and use one of Adam & Company 's conveyancing panel solicitors (2) Use the local solicitor and accept there may be delays etc as they go through the approval process.
Enquire of Adam & Company for conveyancing panel firms in your area. Lenders have them all over the country. You can also use our search tool at the top of this page to search for a lawyer on the Adam & Company conveyancing panel based on location. If you particularly like the sound of one of the local lawyers that you have spoken to ask them if they would go onto Adam & Company conveyancing panel as it may only take about 2-3 weeks. As long as they meet Adam & Company’s requirements it can be a very simple job for the solicitor. Other stuff will be going on in parallel (as you are at an early stage) so it may not delay matters.
The mortgage over my property is with Adam & Company. Conveyancing has been completed months 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 buy-to-let mortgage or inform Adam & Company?
Your original mortgage agreement with Adam & Company will provide that you need their approval prior to letting out your property as this is likely to be a breach of Adam & Company’s mortgage conditions. It may be that Adam & Company 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 directly. You need not do this via a Adam & Company conveyancing panel lawyer.
Me and my partner are purchasing a 1st floor apartment in Hendon. Conveyancing solicitors in Hendon need to beappointed. My friendadvised that we make sure that the solicitor in Hendon is on the Adam & Company solicitors panel. Surely I don't need to do this, do I?
Not all Hendon conveyancing solicitors are on the Adam & Company conveyancing panel. 7 people a month use our search tool to locate a Hendon conveyancing firm on the on the Adam & Company solicitors pane.