Updates – Page 3
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NewsUK Finance to move the Mortgage Lenders' Handbook to a new webpage
UK Finance will be moving the Mortgage Lenders’ Handbook to a new webpage on 29 July 2020.
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Temporary SDLT holiday for residential buyers until March 2021
On 8 July 2020, the Chancellor of the Exchequer announced temporary increases to the stamp duty land tax nil rate bands for residential property.
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Cybersecurity advice from Law Society partners
Some of our partners have produced advice on reducing the risk of cyberattacks for firms working from home, or starting to return to the office.
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Government publishes new voluntary Code of Practice for the commercial property sector
The code, published on 19 June 2020, is intended to reinforce and promote good practice in relationships between landlords and tenants as they deal with the income shocks caused by the COVID-19 pandemic
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We're taking our Excellence Awards 2020 online
This year’s Law Society Excellence Awards will be going ahead as a series of online events
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Our library staff are still here to help
Library staff are working from home to provide a limited enquiry and document delivery service from Monday to Friday, between 10am to 4pm.
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Industry guidance on re-opening the home-moving market safely
The Law Society has endorsed pan-industry guidance for conveyancers advising clients on house moves during coronavirus (COVID-19) measures.
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Land Registry changes to property transactions during coronavirus (COVID-19)
HM Land Registry has taken a temporary step towards accepting electronic signatures on deeds, and relaxed some identity verification rules.
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Coronavirus (COVID-19): Guidance for using the variation agreement
The Law Society has released advice on using the variation agreement during COVID-19 measures, including a draft specimen clause.
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HMRC announces changes to capital gains tax
From 6 April 2020, the deadlines for paying capital gains tax after selling a residential property in the UK are changing.
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Digital watch
Richard Oliphant looks at the emergence of cloud-based digital signatures. He argues that this development should help to allay concerns about the cross-border validity and enforcement of electronic signatures, and establish a new standard for executing client transactions
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Electronically signed deeds are legal, lord chancellor confirms
In a written statement on 3 March 2020, the lord chancellor confirmed that documents signed electronically have legal force in England and Wales.
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Reminder of Minimum Energy Efficiency Standard deadline – 1 April 2020
From 1 April 2020, the Minimum Energy Efficiency Standards will apply to all residential properties let on “relevant tenancies”
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Law Society Excellence Awards 2020
The Excellence Awards are still open for entries and showcase excellence across the legal profession.
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Law Society updates TA6 form
The Law Society has published an updated Property Information Form (TA6) and explanatory notes, with changes to four areas, including Japanese knotweed and flood risk
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Law Commission publishes options for reforming valuation in leasehold enfranchisement
On 9 January, the Law Commission published a report setting out options to reduce leasehold enfranchisment costs
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Changing times
Property Section committee member Clare Harman-Clark rounds up the sessions at the National Property Law Conference, held at the Law Society on 10 October
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The Friday blues
Sarah Dwight looks at the phenomenon of Friday afternoon fraud and what you can do to help reduce the risk of your firm or your client becoming a victim
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Accessing your benefits as a Section member
As a Section member, you can access premium online content and come to inclusive events and webinars.
