Conveyancing Protocol Update
The Law Society’s Conveyancing Protocol (usually just referred to as the “protocol”) first came into effect on 1 April 2011. It was replaced on 19 August 2019 with an amended version.
The original protocol was created by the Law Society to improve how conveyancing transactions were dealt with. The protocol provided a framework for firms to follow and a detailed list of ‘dos and don’ts’. Although the protocol has been described by some as ‘conveyancing by numbers’ it has brought a uniform structure to conveyancing transactions. Essentially the protocol made most firms ‘sing from the same hymn sheet’. The procedures the protocol set out are intended to ensure that clients are treated fairly and are protected, and that the entire process is dealt with more efficiently.
The protocol splits transactions into six stages: