Law Society to review Scottish residential conveyancing
The Law Society of Scotland is to set up a working group to look into Scotland's residential conveyancing practice and procedure with a view to enhancing and developing the process to meet the needs of home buyers in the 21st century.
Law Society Council members agreed on Friday, 31 May, that a working group should be created to carry out a full review of the sale and purchase of homes in Scotland and bring forward proposals for improvements appropriate for the property market today and for the future.
Ross MacKay, Convener of the Society's Property Law Committee, will also convene the new working party.
He said: "The background to this is the discussion on separate representation in conveyancing transactions as we believe the current situation needs to change. We felt that the current discussion on separate representation has created a prime opportunity to examine residential conveyancing as a whole and to consider how we can modernise and improve the processes involved, yet preserving the unique characteristics of Scots property law which benefit in my view the Scottish public.
"There have been a number of improvements in recent years such as introducing standard clauses across parts of the country and increased use of new IT and online technology, but we believe there is room for further change and innovation. The aim of establishing the working group is to bring together highly knowledgeable individuals with a deep understanding of current conveyancing practice, as practitioners or academics or with a consumer interest focus, to consider how we can update and improve what we currently do to benefit everyone involved in buying and selling a home."
Individuals will be invited to join the working group, with a six-month interim report and final report expected to be produced for consideration by the Society's Council.
Solicitors with enquiries can contact Kaira Massie, Secretary to the Law Society Property Law Committee, at email@example.com
05 June 2013