I have been asked on a few occasions recently 'What should be included in a CQS Purchase of a Leasehold Policy '. The leasehold landscape is rapidly changing, so your firm's policy should be frequently under review. During a recent CQS mock audit I noted a particularity thorough policy where the table of content included: Financial implications of leasehold Ground rents and onerous clauses Marketability and mortgageability of leasehold Implication of 35 year Mortgages on Leasehold Management information Referrals and conflicts of interest Building Safety Act 2022 - Purchase & Sale Cases Comprehensive reporting on leasehold
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.