The Law Society of England and Wales has launched a consultation on a practice note on climate risk and conveyancing.
Following on from the Law Society’s landmark climate change guidance, the proposed new guidance would provide practical details for conveyancers on what to do around climate risk.
“Our members who work in conveyancing have been seeking greater clarity on how climate risk affects their conveyancing practice and practical guidance that can help them to best advise their clients,” said Law Society deputy vice president Mark Evans.
“The Law Society wants to support solicitors by providing guidance that helps them navigate this important and complex topic.
“We have been working with conveyancing and environmental groups to explore how a new climate risk and conveyancing practice note could support members with their professional duties and best practice.”
The proposed practice note would provide practical guidance on:
- How climate change and its associated risks are impacting the UK’s property stock.
- Understanding solicitor duties related to climate risk and liability.
- Communicating climate risks to clients, lenders, and other stakeholders.
- Navigating climate-related searches and advising clients on how to act on the results.
“The Law Society is keen to get input from as many members as possible to help ensure the proposed practice note reflects real-world issues, supports best practice and empowers members to better advise and protect their clients,” added Mark Evans.
“We want to hear from members about the challenges they face advising clients on climate risk and what further support they need to make sure the practice note will be relevant, balanced, and fits into their day-to-day conveyancing work.”
There will be a panel discussion about the proposed practice note at the Law Society’s Property Conference on 16 October.
The consultation will run for six weeks and close on 31 October.