Law Society’s new Transaction Conveyancing Quality Scheme
The Law Society Property Section annual conference took place on Wednesday 20th October 2010 at the Hilton Hotel, London. The conference was attended by Osbornes’ conveyancing solicitors Justine Simms (firstname.lastname@example.org), Maria Elliot (email@example.com) and Emily Lund (firstname.lastname@example.org) http://www.osbornes.net/html/res_prop_res_con.html
The main focus of the conference was the launch of the Law Society’s new Transaction Conveyancing Quality Scheme, but a number of other issues were covered including a useful insight on how mortgage fraud happens and how to avoid it, advice for conveyancers on how to survive the introduction of Alternative Business Structures, the role of the new Legal Ombudsman and an update from the Land Registry on their operational procedures.
In addition, there were break off sessions on commercial property leases, current developments in Stamp Duty Land Tax, anti-money laundering and planning issues.
The Law Society’s Transaction Conveyancing Quality Scheme is a quality standard for residential conveyancing practices. The scheme hopes to enhance the reputation of conveyancing solicitors, provide reassurance about their integrity, introduce practice standards and to create a trusted conveyancing community that will deter fraud and provide a more effective service for clients.
Conveyancing solicitors will also be required to sign up to a new conveyancing protocol, although the existing protocol forms will remain in place.
The scheme is supported by the Council of Mortgage Lenders, the Building Societies Association and the Association of British Insurers.
The President of the Law Society, Linda Lee said: “I believe that the success of this scheme is vital to the future of the profession in the conveyancing market. It will ensure that firms of all sizes and types will be able to demonstrate the quality of the work they do to lenders, insurers and, most importantly, to the public.”
Osbornes fully supports the scheme and hopes that it will increase the consumer’s awareness of the importance of using a qualified conveyancer for property transactions and also help in the fight against fraud in the conveyancing sector.
Our conveyancers believe that achieving this conveyancing quality kitemark can only strengthen the existing repuation of Osbornes’ conveyancing department.
For more detail on conveyancing law visit: http://www.osbornes.net/html/res_prop_INTRO.html
- Contact Information
- Justine Simms
- Conveyancing Solicitor
- Osbornes Solicitors
- Contact via E-mail
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