We have published the 2019 edition of our Conveyancing Protocol, which will take effect from 19 August
The Law Society’s Conveyancing Protocol is a set of steps to follow when acting in the sale and/or purchase of a home for an owner-occupier.
You can use the protocol in residential transactions of freehold and leasehold property. The protocol is not designed to be used in the purchase of new build homes.
Using the protocol helps to:
- standardise the residential conveyancing process
- make conveyancing more transparent and efficient
- improve the experience for solicitors, lenders and clients.
The new protocol aims to take account of the ever-increasing complexity of stamp duty land tax and the work of HM Land Registry to reduce requisition rates. It includes reminders to address issues early in the process which might otherwise create delays, such as restrictions in leases, and also contains new provisions in relation to lease terms.
The 2019 edition will take effect from 19 August.