Buy to Let - Adam & Company Conveyancing Requirements for Properties Let at Completion

Adam & Company conveyancing instructions are expressed in Part 1 of the Lenders Handbook which provides that unless it is clear from the mortgage offer that the property is tenanted or is to be let at completion then you must check with Adam & Company as to whether Adam & Company lend on "buy-to-let" properties and that the loan is for that purpose.

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Previously updated on 17/02/2020 Part 2 of the UK Finance Lenders’ Handbook for Adam & Company deals with who you need to contact If different from section 1.11, i.e the contact point if property is let or to be let. It also deals with whether Adam & Company lend on buy-to-let

See 1.11. See also our 'Separate Instructions'

If the premises, or part of it, is already let, or is to be let at completion, then the letting must comply with the details set out in the Adam & Company mortgage offer or any consent to let Adam & Company issue. If the letting fails to comply, or no such details are mentioned, you are obliged notify the position to Adam & Company

Part 2 of the UK Finance Lenders’ Handbook for Adam & Company outlines who you must contact If different from 1.11, i.e the contact point when you do not have details of current letting or letting to take place at completion:

See 1.11

Firms authorised on the Adam & Company solicitor panel,when it comes to buy to let properties need to check Part 2 of the UK Finance Lenders’ Handbook as to whether counterparts or certified copies of all tenancy agreements and leases in respect of existing tenancies must be sent to Adam & Company after completion

In addressing the question whether the lender requires a certified copy letting contract to be sent Adam & Company specifically states:

Yes, a certified copy of the counterpart after completion.

The information contained within this webpage is for general information purposes only for lawyers in England and Wales, it does not constitute advice and you should always check the UK Finance Lenders’ Handbook for Adam & Company Buy to Let requirements as well as the mortgage offer. Whilst we endeavour to keep the information up to date and correct but does not make any representation or warranties of any kind about its completeness, accuracy, reliability or suitability. Any reliance you place on the information is strictly at your own risk. Lexsure will not be liable for any direct or indirect loss or damage arising out of or in connection with the use of this information. The same caveat applies to members of the public looking at this page. If you wish to find a buy to let conveyancing specialist on the Adam & Company panel or a buy to let mortgage broker click here.