The Law Society of England and Wales is keen to remind readers that it has agreed a joint initiative with Teal Legal to host an exclusive online seminar for estate agents, focusing on the latest developments in property transactions.
The Seminar, which was initially announced on 18 June, will be run by Sally Holdway, director at Teal Legal, who will be joined by two members of The Law Society’s conveyancing committee, Mark Sellers and Sarah Dwight. The course will provide an update on the material information requirements and how these present an opportunity for closer collaboration between estate agents and solicitors.
It will include a deeper dive into some of the more practical elements which are arising as the new requirements start to bed in. These will include:
+ The overlap between ‘Material Information’ and ‘Conveyancing Information’
+ How solicitors can support agents in obtaining and verifying material information
+ How the conveyancing TA forms can be used for material information purposes
+ Earlier instruction of solicitors and how this works in practice, and
+ Emerging legal pre-offer services solicitors can provide, such as title fix services.
Sally Holdway, CEO of Teal Legal, said: “We’re delighted to support The Law Society in developing this training for estate agents. The new Material Information requirements have prompted many practical questions on how to implement the changes smoothly and effectively and this seminar looks to bridge the gap between legal requirements and practical implementation.”
Registration: The session will take place on 31 July and estate agents interested in attending can register their interest here.
How underhanded and disingenuous of the Law Society when the TA6 is yet to go through a formal consultation process. Please could someone remind them that NTS continually fails to police and prosecute those estate agents well known for conditional selling and the rest of the agents will ignore this at their leisure because it’s “guidelines” not “actual rules” (or the Law!)
Title fixes also depend on the lender involved (e.g. can it be solved by insurance rather than going down the deed of variation route)
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A bit surprised to see that they want to charge for this “seminar” – and how much!
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An interesting one. Surely this is one where we should be training solicitors – and they are shooting themselves in the foot when they have said that the material info is unworkable and are entering into consultations on that basis – this presumes a foregone conclusion.
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“Online classroom”? £94.50 ex VAT?!
If TLS wants closer collaboration between agents and conveyancers perhaps they should be providing the above webinar for free. And isn’t this premature, considering a consultation is now underway regarding the new TA6 form that has been so strongly objected to, or is the consultation all for show? A special general meeting was initiated over the motion of no confidence in TLS’s leadership; they’re a farce. Good luck with the SGM.
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If I was still at the coal face of conveyancing, I would have been working with my estate agent contacts for some time now in order to find a way forward that is beneficial for them, me, and most importantly the home buying and selling public. And I would have been doing that sometime before the TA6 was altered.
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The conduct by both sides on this MI debate gets more and more unseemly. The Law Society seems to be bringing itself into disrepute trying to discredit and shut down PLAG. The whole lot of them need to disappear and let we conveyancing professionals clean their mess up.
Teal Legal appear to be a Compliance based company so I don’t know how much day to day conveyancing experience exists there. The two individuals are pretty much discredited as a result of the farago that is the new TA6. Likely that the courses are going to be based on what should happen rather than what does.
Oh, and Teal are into their Law tech as well, which probably says more about where the Law Society really wants conveyancing to go.
Another bad day for conveyancing.
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