The Law Society is seeking views on proposed revisions made to the Conveyancing Protocol. The suggested amendments include matters that have changed or assumed a greater significance. For example:
- increased concern about the status of those purporting to buy and sell, and fraud generally
- the development of an increasingly complex SDLT framework
- increased emphasis on the nature of leasehold transactions
- the high volume of lenders making changes to their instructions, particularly in relation to their leasehold requirements
- government focus on the number of failed transactions and the amount that this costs consumers
- the need for consumers to be given help to understand the buying and selling process generally.
If you use the protocol, or have an interest in its use, we welcome your thoughts and suggestions.
The primary consultees are members of the Conveyancing Quality Scheme (CQS), who agree to use the Protocol as a term of membership.
The consultation closes at 23:45 on 14 May 2018.