Updates – Page 4
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NewsIndustry 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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Practice notes updated on virtual execution and e-signatures
We’ve updated two practice notes in response to HM Land Registry’s recent changes to property transactions during the coronavirus pandemic.
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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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Coronavirus (COVID-19): Guidance for conveyancers advising clients on house moves
The Law Society has released guidance which should be read with the government advice on home moving .
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Budget update – March 2020
We’ve summarised key developments in the Spring Budget impacting property practitioners.
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New RICS Code for leasing business premises
We’ve worked with RICS to develop its new Code for leasing business premises, which published in February 2020.
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Coronavirus (COVID-19) and residential conveyancing transactions
We’ve had many questions from our members about the possible impacts of COVID-19 on conveyancing transactions.
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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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Feature
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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Flood risk practice note updated
On 31 January 2020, the Law Society updated our flood risk practice note with the latest on the prevalence of flood risk, insurance for both residential and commercial properties, and related changes to the Conveyancing Protocol.
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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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Feature
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.
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Land Registry publishes updated guidance on digital mortgages
Land Registry has updated its guidance pages on digital mortgages. There are three guides - for homeowners, mortgage lenders and conveyancers
