Land registration: Practice guides
Evidence of identity (PG67) Page summary: This guide explains when evidence of identity is required and how it should be given. It is aimed at conveyancers (practice guide 67). Change made: Section 6.3 has been amended to include reference to form ID3. Form ID3 must be uploaded where a non-conveyancer is verifying a person’s identity […]
Conveyancers role is not ‘to do nothing’ on climate change – reaction to Practice Note
Many thousands of hours have gone into the Law Society’s Climate Change Practice Note (PN) which has been ‘deeply considered’ and recognises the ‘limited’ role conveyancers have to play in climate change. The note itself highlights ‘solicitors are not qualified to advise on physical risks’ adding professional indemnity insurers may not cover such advice to […]
Conveyancers say they are increasingly confident in market stability
The anticipated slump in completions following the end of stamp duty incentives has not dampened confidence in the property market with three-quarters (72%) of conveyancers confident in the stability of the current market. The Council for Licensed Conveyancers’ (CLC) second Confidence Tracker shows a sizeable uplift in positivity when 55% of those surveyed in the […]
Formal recognition for paralegals under Royal Charter amendment
Paralegals will receive formal recognition under amendments to CILEX’s Royal Charter which bestows the title of CILEX Chartered Paralegal to professionals who can demonstrate they have worked in a legal role for over five years and show extensive legal knowledge and competence across key duties and behaviours. It provides career paralegals with a formal status […]
Office investment demand up 75%, while leasing interest returns to pre-pandemic levels
The demand for office investment is up by 75% since this time last year and now outstrips industrial property, according to Rightmove’s commercial insights property tracker. Figures from the commercial property website, measured by enquiries to commercial agents, show that demand to invest in commercial property of all types continues to grow ‘as the interest […]
Will leasehold reform scupper the growth agenda?
In March, the government published a Commonhold White Paper: the first stage in its fulfilment of a manifesto promise to abolish leasehold. The ministerial foreword to the white paper states that ‘The government is determined to ensure that commonhold becomes the default tenure… commonhold is not merely an alternative to leasehold ownership, but a radical […]