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approved by Adam & Co
Ready to buy a new home? Failing to check that a lawyer is on the Adam & Co list of approved solicitors can put your transaction at risk of delay or failure.
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How does my firm apply to be on the Adam & Company Conveyancing Panel? How can my firm be reinstated onto the Adam & Company Conveyancing Panel?Find an Approved Solicitor on the Adam & Company Conveyancing Panel
Examples of recent questions relating to the Adam & Company Solicitor Panel
I appointed a law firm to conveyancing on my purchase three weeks ago having applied for a mortgage with Adam & Company. The solicitors reassured me that they are on Adam & Company conveyancing panel and gave me their panel reference. Adam & Company then called me to say that their panel number was dormant and would need to be reactivated. What do I do from here? Should I appoint a new solicitor currently on the approved panel for Adam & Company?
The answer depends on whether you still have confidence in the said solicitors and how long it will take for the firm to be reinstated on the Adam & Company conveyancing panel You may wish to enlist the help of your broker to check with the Adam & Company as to the time frame to get your lawyer reinstated on the panel once again.
We are approaching an exchange and my mum and dad having sent the 10% deposit to my lawyer. I am now advised that as the deposit has not come from me my lawyer needs to make a notification to my lender Adam & Company. I am advised that, being on the Adam & Company conveyancing panel and acting on their behalf he must inform Adam & Company if the balance of the mortgage advance is coming from anyone other than me. I advised the bank about my parent’s contribution when I applied for the home loan so is it really necessary for him to raise this?
Your lawyer is obliged to check with Adam & Company to make sure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only report this to Adam & Company if you agree, failing which, your lawyer must cease to continue acting.
I see that you have a search directory identifying solicitors on the Adam & Company conveyancing panel. Do firms pay you a commission if I retain them for my own house purchase?
We are a listing service only for law firms wishing to communicate if they are on the Adam & Company conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint.
My house is up for sale and I have a buyer. Does my solicitor have to be on the Adam & Company conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Adam & Company conveyancing panel they can still act for you on your sale. it might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently at the moment.
I have had an offer accepted on a flat I spoke to a solicitor previously used by my mum and he recommended using 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 practice 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.
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.
My offer on house has been accepted, but there is a chain. The vendors have offered on somewhere, but not been accepted yet, and have viewings of other properties in the pipeline. My conveyancing solicitor has been instructed. What do I do now? When should I get the mortgage app going 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.
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