26 October 2010
Law Society launches new scheme to help residential property transactions
People looking into the possibility of buying a house in the near future may benefit from a new system being launched by the Law Society.
In a measure which is also designed to help those selling a house or their estate, the body - which was set up to represent the interests of solicitors in the UK - has introduced a conveyancing quality scheme (CQS), which is being backed by other organisations such as the Council of Mortgage Lenders and the Building Societies Association.
According to the Law Society, the CQS - to be implemented in January - represents "a quality standard which will be awarded to solicitors firms in recognition of their high standards and advice".
Linda Lee, president of the body, observed that this should make the process of either purchasing or selling a residential property easier and less stressful for consumers as it will give them a "kite mark" as to which organisations are best at handling such issues.
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Posted by Richard Saunders