Frenzied housing market pushed conveyancers to the limit

Conveyancing solicitors have been through the wars since the pandemic struck and feel they deserve a big pat on the back for their efforts. But more – if less dramatic – upheaval is to come. Almost 18 months on from the reopening of the residential property market, the stamp-duty-driven bubble has ended and ways of working are returning to a kind of normality. Yet practitioners will have to grapple with big legislative changes, from building safety, to leasehold and planning reforms, in the months and years to come. Meanwhile, the appointment of Michael Gove as housing and communities secretary is being interpreted as a recognition in government that the sector’s many challenges must be tackled with political skill.

John Stephenson, Partner in our residential property team, comments on the impact of the 15-month stamp duty relief for practitioners in an article for The Law Society Gazettte.

The full article is available, here.