Updates – Page 3
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NewsHow to prepare for the end of the Brexit transition period
The UK-EU transition period will end on 31 December 2020. Find out what you can do now to prepare.
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Government consults on data on land control
The Ministry of Housing, Communities and Local Government has published a call for evidence on its proposals to improve the transparency of contractual mechanisms, such as land options
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HMRC withdraws VAT concession for property searches by post
HM Revenue and Customs (HMRC) has announced that the VAT ‘postal concession’ will be formally withdrawn on 1 December 2020.
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Consultation on regulation of residential property agents
Between July and September 2020, RICS and the Property Ombudsman are consulting on a new Draft Code of Practice for Residential Property Agents.
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Law Commission reports on reforming leasehold
On 21 July, the Law Commission published three reports on reforming leasehold home ownership.
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Government responds to the public consultation on the European Electronic Communications Code
In 2019, the government consulted on its proposed approach to implementation of the European Electronic Communications Code Directive.The government has now published its reponse to the consultation
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UK 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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Give feedback on Land Registry’s e-signature draft guidance by 18 July
Documents signed electronically have legal force, the Law Commission has said in an attempt to clear up lingering doubts.
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Law Society publishes new practice notes for property
In July and June 2020, the Law Society published new practice notes on joint ownership, Land Registry early completion, fraud, and conveyancing regulations.
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Complaint factsheets for home builders
The Consumer Code for Home Builders has put together a series of factsheets for developers to help improve customer service and encourage best practice.
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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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Local lockdown regulations published for Leicester
On 3 July 2020, the government published its lockdown regulations for Leicester.
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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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Could logbooks speed up conveyancing?
Property logbooks could be introduced to the home buying and selling process to help speed up conveyancing.
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Construction VAT reverse charge delayed to March 2021
The introduction of the domestic reverse charge for construction services will be delayed from 1 October 2020 until 1 March 2021.
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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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Law Society releases sector-specific guidance for conveyancers
On 29 May 2020, the Law Society released guidance specifically for conveyancers, to accompany the pan-industry guidance: Re-opening the Home Moving Market Safely.
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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.
