Residential conveyancing – the Law Society’s Conveyancing Protocol- What is it?
What is the Conveyancing Quality Scheme (CQS)? CQS is a recognised quality standard for practices that undertake residential conveyancing work. As members of CQS, we are required to adopt and follow the Law Society’s Conveyancing Protocol.
The Law Society’s Conveyancing Protocol is the preferred practice for residential conveyancing transactions. The Protocol came into effect on 1st April 2011 and has bought structure and clarity in communication to the conveyancing transaction, essentially all firms who are CQS accredited are ‘singing from the same hymn sheet’.
The Protocol itself is split into six stages, obtaining instructions, pre-exchange, prior to exchange of contracts, exchange of contracts, completion and post-completion. Each stage provides guidance for solicitors in terms of procedure and helps organisation of work, with timeframes stipulated where appropriate.
The conveyancing transaction is ‘non contentious’, i.e. both parties want to achieve the same outcome whether it be buying or selling a property and the Protocol has helped to make the transaction a lot smoother, for both solicitors and clients.
Emery Johnson Astills are CQS accredited and have a specialist conveyancing team who will be there for you at every step of the way, at what can be a very stressful time. If you are buying and/or selling a house and need assistance, please contact the Conveyancing team for a no obligation quote on 0116 2554855.