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Legal risk and compliance experts Lexsure are giving conveyancers a sneak-preview of the most extensive set of CML Handbook changes in twelve years. The Council of Mortgage Lenders notified Lexsure last month that they intend to publish important amendments to the CML Lenders’ Handbook for England and Wales on 1 December. The changes represent the largest number of revisions made to Part 1 of the Handbook since the second edition of the Handbook was published in 2002. In all, 33 sections, more than 10 % of the Handbook will be amended. It is anticipated that almost all lenders will update their Part 2 requirements on the 1st December or shortly thereafter. Examples of some of the Handbook sections to be changed include : 4.1 Valuation of the Property 5.5.1 Planning and Building Regulations 5.6.1 Good and marketable title 5.14.13 Leasehold Property 11.2 Signing and witnessing of documents 3.1 and 3.2 Safeguards for solicitors/conveyancers Lexsure have compiled...

Legal risk experts Lexsure will be giving conveyancers with AmTrust PI insurance an exclusive sneak-preview of the most extensive set of Handbook changes in twelve years. The Council of Mortgage Lenders have notified Lexsure that they intend to publish important amendments to the CML Lenders’ Handbook for England and Wales on 1 December. The changes represent the largest number of amendments made to part 1 of the Handbook since its latest edition was published in 2002. In all, 33 sections, more than 10 % of the Handbook will be amended. Lexsure approached strategic partners AmTrust Europe Limited, an ‘A’ rated insurance company, to offer webinar sessions for firms with AmTrust professional indemnity insurance policies. AmTrust, together with its brokers Howden and JLT Specialty, reacted promptly, and a series of exclusive webinars will take place in late November for the insurer’s client law firms. The live 40 minute webinars, including Q&A, will be hosted by Lexsure chief e...