Find an Approved Solicitor on the Adam & Company
FAQs for the Adam & Company Solicitor Panel
My partner and I are FTBs. Within the 48 hours our lawyer has forwarded the sale agreement to sign with a detailed report with the expectation that exchange is imminent. Adam & Company have this afternoon contacted us to inform me that they have now hit a problem as our conveyancer is not on their conveyancing panel. What do we do from here?
If you are buying a property with the assistance of a mortgage it is usual for the purchaser's solicitors to also act for the purchaser's lender.
In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Quality Scheme.
Your property lawyers should contact Adam & Company and see if they can apply for membership of the Adam & Company conveyancing panel, but if that is not viable Adam & Company will instruct their own lawyers to represent them. You don't have to instruct a firm on the Adam & Company conveyancing panel and you may continue to use your own solicitors, in which case it will likely add costs, and it may delay matters as you are adding another lawyer into the mix.
Our solicitor is asking me for identification documents asserting that this forms part of his obligations as a conveyancer on the Adam & Company Solicitor panel. Am I being spun a yarn?
Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offense if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage with Adam & Company your lawyer also has to check ID documents to satisfy Adam & Company
Your search tool is useful but there are many lawyers listed near Manchester on the Adam & Company conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the Adam & Company approved panel?
We are not in the business of recommending one firm above another as the right firm for you depends on where your priorities lie. For example you may require a local firm with local knowledge or you might be looking for the low cost conveyancing. Before you appoint your lawyer we advise you to speak to two or three of the firms listed to gain comfort as to which one is right for you..
I am trying to get my ex-wife removed the mortgage deeds. Can Adam & Company really tell me which solicitor I can or can not retain?
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
When it comes to lenders 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.
I have paid off my mortgage with Adam & Company. I assume I don't need a solicitor on the Adam & Company panel to remove the mortgage at the Land Registry. Please confirm
If you have finished paying off your Adam & Company 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 mortgage from the register. Adam & Company,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 has sent the Land Registry the discharge electronically, and
the Adam & Company has instructed the Land Registry to do so
The Land Registry will send you a letter confirming that your Adam & Company mortgage has been paid off.
Planning on purchasing a house with a mortgage with Adam & Company. I have received an online quote from a licensed conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Adam & Company conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that they are on the Adam & Company conveyancing panel