Updates
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New conveyancing forms launched
In an effort to make more information available upfront, trade and representative bodies have updated some important conveyancing forms.
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Pulse survey for conveyancing firms
Over half (54%) of conveyancing firms reported an increase in the number of residential conveyancing matter starts during January to March 2021 compared to the previous quarter.
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TA6 Part 1: Law Society beta tests new up-front information for homebuyers
To help improve the home-buying experience for consumers and stakeholders, we’re beta testing a new transaction form, TA6 Part 1, to make more information available to buyers up front.
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Conveyancing solicitors under pressure as stamp duty holiday deadline looms
The Law Society has published new guidance for under-pressure conveyancing solicitors as the 30 June SDLT deadline approaches.
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Reminder: 2% surcharge on stamp duty for non-resident buyers
From 1 April 2021, a stamp duty land tax (SDLT) surcharge comes into force for non-UK resident buyers. Philip Askew, member of our Property Section committee, reminds solicitors to stay alert
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Stamp duty tax full holiday extended to June 2021
On 3 March 2021, the government announced plans to extend the stamp duty land tax (SDLT) holiday, originally due to end on 31 March.
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Join our campaign to extend the stamp duty holiday
The stamp duty land tax holiday is due to end on 31 March 2021. The Law Society is concerned that a cliff-edge end to the holiday could see thousands of transactions collapse at the last minute, leaving consumers stranded and out of pocket.
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Updated conveyancing guidance during coronavirus (January 2021)
The Law Society has updated our guidance as the pandemic and the ongoing restrictions continue to cause uncertainty, not only for buyers and sellers but also for conveyancers.
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Surcharge for non-UK residents buying homes
From 1 April 2021, non-UK residents buying residential property in England and Northern Ireland will need to pay a 2% surcharge.
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Government announces home-ownership reforms
On 7 January 2021, the Housing Secretary Robert Jenrick announced that millions of leaseholders will be given a new right to extend their lease by 990 years, as part of large-scale reforms to home ownership
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Consultation: Stamp Duty Land Tax Regulations 2021
HMRC is seeking comments on its draft legislation by 23 November 2020.
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Industry pledge to support home movers
The Law Society has worked with the property and conveyancing industry through the Home Buying and Selling Group (HBSG) to produce a pledge that can be provided to buyers and sellers in this unusual market.
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New model for shared ownership
In September 2020, the government proposed a new national model for shared ownership.
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Building Safety Bill – share your views
In July 2020, the government produced a draft Building Safety Bill, which also makes provision for the New Homes Ombudsman.
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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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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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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”