FAQs : The Adam & Company Conveyancing Panel from members of the public
I have been advised by my broker that I have to pay Adam & Company fees should I instruct my family lawyer. How efficient are the Adam & Company conveyancing panel solicitors? I'm happy to use any solicitor in the country TBH provided that they are good and reasonably priced. Are there any Adam & Company conveyancers you'd recommend?
Adam & Company’s conveyancing panel is substantial so your best bet is just 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.
I am buying a newly built duplex and my lawyer is informing me that she has to disclose incentives from the builder as her firm is on the Adam & Company conveyancing panel. I am on a tight deadline to exchange contracts and I dont want to prolong matters. Is my lawyer right?
You should not exchange unless you have advised to do so by your lawyer. A precondition to being on the Adam & Company approved panel is to comply with the CML Handbook requirements (last updated for this lender on Adam & Company). The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Do all the licensed conveyancers and solicitor practices listed on your directory have online case tracking as I understood that this was a condition of being on the Adam & Company 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.
We're in Birmingham, First timers buying with a mortgage (lender is Adam & Company , but our solicitor is on the Adam & Company conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Adam & Company conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a time-frame for your conveyancing due to third parties outside of our control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain
When it comes to mortgage companies such as Adam & Company do lawyers have to be pay a fee to be on the list of approved solicitors?
We are not aware of any lender fees to be on their panel although some do charge an administration charge to deal with the processing of the conveyancing panel application.
At last I have had an offer on an apartment accepted, the seller does however have a dependent purchase. The vendors have offered on somewhere, but not been accepted yet, and have viewings of other properties booked. My conveyancing solicitor has been instructed. What do I do now? At what point should I appy for the mortgage with Adam & Company?
It is usual to have concerns where there is a chain as you are unlikely to want to be too out of pocket too early (mortgage application is approx £1k, then survey/valuation, conveyancing search costs, etc). First you should check that your solicitor is on the Adam & Company conveyancing panel. As to the next stages this very much depends on the circumstances of your case, desire for this property and on the state of the market. In a hot mortgage some buyers would pally for the mortgage with Adam & Company and pay for the valuation and only if it comes back ok would they pay their solicitor to press on with searches.
My husband and I are taking a long lease of a terraced house in Hendon. Conveyancing solicitors in Hendon are preferred to beinstructed. My agentadvised that we make sure that the conveyancing practitioner in Hendon is on the Adam & Company list of approved conveyancing firms. Aren't all lawyers on the Adam & Company panel?
Not all Hendon conveyancing practices 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 list of approved conveyancing firms.