As of 19th August 2019, the updated 2019 Law Society Conveyancing Protocol took effect and replaced the 2011 edition. This is especially important as it covers a range of updates that reflect the ongoing changes within the ever-growing industry.
The updates are here to remind anyone involved within the conveyancing field, of their continuing obligations, to reduce the risk of fraud and to increase the efficiency of the conveyancing process altogether.
The updates were necessary and particularly in response to new Conveyancing Quality Scheme (CQS) Core Practice Management Standards, the Court of Appeal decision in Dreamvar  EQCA Civ 1082, the SRA Transparency Rules, the government’s consultations on the home buying and selling process and the leasehold system, and from the revised Code for Completion by Post. All of these play an important role in the new Protocol.
More specifically, the new 2019 Conveyancing Protocol reminds conveyancers to be aware of the risks of transaction fraud, phishing and email scams as well as explaining the steps we must take to protect our organisation and our clients.
Fortunately for us in the conveyancing department, the updated version has decreased in size from the 49 pages in the 2011 edition to 32 pages. Just some light bedtime reading!
The Conveyancing Protocol can be used by solicitors and those licensed by an appropriate professional body to undertake conveyancing. It is considered best practice to follow this as closely as possible, and we at Barrett & Co are proud to be members of CQS and to follow the protocol.
If you would like more information on the new edition or would like to peruse the document itself, click here for more information.
Get in Touch
If you are purchasing, selling, remortgaging or require a transfer of equity, please do call us on 0118 958 9711 or email [email protected] and we would be happy to provide a quote to you.