A substantial number of changes to the Council of Mortgage Lenders (CML) Handbook come into force on 1 December 2014, representing the biggest revision of the Handbook since the second edition was published in 2002. Conveyancers should now provide certificates of title based on these revisions.

The changes relate, among other things, to revised insurance provisions, safeguards, valuation of property, and planning and building regulations. They aim to bring clarity to the timing of the termination of the conveyancer’s retainer and reduce the requirement for indemnity insurance policies.

The changes also address practical matters such as needing to rely on copy, rather than original, leases and what to do if there are difficulties in obtaining evidence from landlords in relation to ground rent and service of notice.