About CQS Conveyancing

Leasehold as a tenure received quite a lot of bad press in 2016 with the BBC and broadsheets such as the Telegraph  pointing to the risk of people buying homes with escalating ground rents. This culminated in the Government saying that it would reform leasehold property after a campaign by charities and MPs to challenge the arrangements. With a heightened sense of concern relating to ground rents lenders are now reacting via changes to their individual versions of their CML Handbook or BSA Mortgage Instructions. In the last few weeks I have seen a number of mainstream lenders amended their instructions to conveyancing lawyers specifically concerning ground rent. For some lenders such as Yorkshire Building Society a change was made to section 5.14.9. This lender now imposes the following requirements: With regard to ground rent, please note that we have the following additional requirements to those set out in Part 1 of Section 5.14.9 * the ground rent must not be ca...

Is there a more important and time-consuming document in the conveyancing process than the Report on Title? Yet most firms do not update this critical precedent more than once every couple of years.  Lexsure have arranged a 30 minute webinar by one of their conveyancing experts focusing on what a Report on Title should cover and what some of the more progressive firms are now including by way of advice and caveats in their Report on Titles.  The webinar, amongst other matters, will shed some light on:  -New areas of clarification for buyers and precedent wording  -Should you have one precedent or many? -How new technologies can recycle newly drafted sections  -Leasehold sections - a focus on unexpired lease terms. The webinar is scheduled for Midday 1st March  Solicitors interested in the webinar can register here