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Adam & Company International Conveyancing Panel: Recently Asked Questions
Is it possible that
Adam & Company International
will appoint another solicitor on the
Adam & Company International
conveyancing panel for a further advance during the lifetime of a mortgage?
Paragraph 16.2.1 of the UK Finance Lenders’ Handbook relevant to a solicitor on the
Adam & Company International
conveyancing panel reads ‘Our mortgage secures further advances. Consequently, when a further advance is required for alterations or improvements to the property we will not normally instruct a member of our conveyancing panel but if you are instructed the appropriate provisions of this Handbook will apply’.
Will the fact that my firm receives LENDERmonitor Alerts assist in my application to join the Adam & Company International conveyancing panel?
The requirements to join the Adam & Company International conveyancing panel is likely to be fairly detailed and is unlikely to include signing up to LENDERmonitor alerts.
What can you suggest we do if we wish to lodge an appeal being removed from the
Adam & Company International conveyancing panel?
Should you firm be removed from the
Adam & Company International conveyancing panel and you are unaware of or disagree with the reasons for your removal you should: (a) Contact
Adam & Company International directly. (b) If there is an appeals process detailed on your letter you should follow the process.
In appealing a decision by Adam & Company International, it may be useful to provide the following information:
- Comprehensive account of your firm’s transaction history
- Your COMPLETIONmonitor reports, assuming you use the Lexsure software
- Your recent claims history
- Full details of all employees in your practice and their role.
- Note down if a solicitor has been admitted to the role on completion of the Qualified Lawyers Transfer Test.
- Provide duplicate practising certificates, the firm's current professional indemnity policy and the firm’s accountant's certificate, confirming what % of the firm's gross fee income is generated from residential conveyancing transactions
On appeal some conveyancing firms have been able to regain membership to panels notwithstanding the policy by the respective lenders to refuse panel membership to firms with certain profiles or characteristics. The success is primarily due to the firms’ ability to persuade the lender to make an exception if there is sufficient evidence to reassure them that the firm is a ‘low risk’.
An established client of mine is looking to purchase a property for £700,000 in Leeds with a mortgage over GBP 410k.
I am on the
Adam & Company International conveyancing panel but do Adam & Company International have a separate approved panel when a mortgage is above 400,000?
We only know of a couple of lenders that operate a separate conveyancing panel where the mortgage advance is over a certain level.
You should nevertheless check directly with
Adam & Company International. At one stage HSBC would only allow Sole
practitioners to act for them where the mortgage was below
£150,000. We are not sure if HSBC still operate such a condition. In
your case it is best to check with Adam & Company International
Who do building societies accept on their Conveyancing Panels?
In the same way that there is a unique Adam & Company International
conveyancing panel most building societies, operate a conveyancing
panel for solicitors and other conveyancers that the lender will
instruct. Terms and Conditions and criteria for inclusion on a
building society conveyancing panel vary from lender-to-lender. Having
CQS accreditation may be a requirement. Institutional lenders, such
as a building society, is a client and is entitled to instruct the
solicitor or conveyancer of its choosing (who, in turn, is free to
accept or refuse instructions). Therefore, if lender and borrower
cannot agree which solicitor or conveyancer should represent them
jointly, they would usually proceed on a separate representation
basis. The BSA have not published the equivalent of the UK Finance Lenders’ Handbook
Part 3s.
Our membership of the
Adam & Company International conveyancing panel was suspended but was reinstated on appeal, do I need to disclose these details on my application for CQS accreditation?
You should provide details of the date of removal, information on the reason for
removal, date of appeal and any reason given for reinstatement. This
should not adversely impact your firm’s application but gives the CQS team viability as to what has gone on.
I am on the
Adam & Company International
conveyancing panel and due to complete a remortgage within the next week. My papers do not include a Legal Charge for the client to execute.
Who do I contact at Adam & Company International to obtain duplicate documents?
You should communicate with Adam & Company International
to obtain standard documents. The CML Handbook incorporates a specific inquiry for lenders to establish who to contact to obtain standard documents.
Adam & Company International in their Part 2’s state:
Always remember to quote your Adam & Company International conveyancing panel reference.
Find a Lawyer on the Adam & Company International Conveyancing Panel
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Average number of days to register title including a charge in favour of Adam & Company International
This information relates to purchase only and not remortgages.
| Year | Days* |
|---|---|
| 2025 | [no data] |
| 2024 | [no data] |
| 2023 | [no data] |
| 2022 | [no data] |
| 2021 | [no data] |
| 2020 | [no data] |
* Data aggregated from sources including COMPLETIONmonitor
Other related topics:
- CQS policy templates and procedures for accredited Adam & Company International Firms
- Draft Report on Title precedent for Adam & Company International borrowers
- Draft Anti Money Laundering PolicyTemplate for Adam & Company International panel firms to consider
- Dealing with Lender Policy Template panel for CQS accredited firms on the Adam & Company International lender panel
- Buy-to-Let help for Adam & Company International
- Consent-to-Let help for Adam & Company International
- Contractor Mortgages with Adam & Company International
