About CQS Conveyancing

The Land Registry has announced that the changes to portal Business e-services which were scheduled for 6 September, have not been released. This has been due to an unexpected electricity failure. The much awaited changes will now be released on 13 September 2010. This includes the planned electronic delivery changes for portal Business e-conveyancing services transactions and application for Deputy Responsible Persons.

The CML Lenders’ Handbook for England and Wales has not been changed to take into account early completion at the Land Registry. Even though early completion may alter the order of events at the Land Registry the actual conveyancing process remains the same. The Land Registry change offers conveyancers some protection as far as subsequent registrations are concerned and the move has accordingly been welcomed by lenders and conveyancers alike. On the subject of the Lender's Handbook the Land Registry has stated that:- "Completing the applications to register the transfer and new charge subject to the existing charge would not appear to affect the obligations of any party in relation to that existing charge. Whilst early completion will not prevent the new charge taking effect as a first legal charge; it can never become a first charge until the existing charge is removed. This is so whether or not the new charge is entered in the register. The entry of the new charge under e...