Following last week’s Budget announcements the temporary Stamp Duty waiver for properties will be extended to the End of June for properties in England/Wales and Northern Ireland. The existing waiver for Scotland will cease at the end of March. LBG still anticipate a large increase in queries and completion related activity for the March month end period, as a result the deadline date of 24th March for Certificate of title submission will still apply. To ensuring funds are available for completion firms in Scotland must ensure that they submit their CoT through Lender Exchange (for cases received via Lender Exchange). Using the online portal will also allow the firm to track progress of your CoT submission. In this way the firm will receive an update once the CoT has been accepted . The pre-populated PDF CoT in the offer pack will soon be removed entirely, and in order to ensure the process is smooth, it’s vital that all CoTs are submitted using the Lender Exchange Submit CoT butt...
This blog is for CQS accredited firms in England and Wales. Including topics like the Conveyancing process, Conveyancing Policy Templates and Conveyancing case law. As it contains everything about conveyancing and conveyancers it should be of particular interest to property lawyers and property solicitors, as well as COLP and Compliance Managers.