The leading trade body for conveyancing industry, Conveyancing Association (CA), has launched together with HM Land Registry a new survey that aims to collect views on landlord/management company restrictions used to enforce covenants in leases. An example of such a restriction is the requirement of consent to assignment of the lease.
Most of these lease enforcement limitations are entered at the registrar’s discretion, who has to be satisfied that they are necessary or desirable. CA is therefore urging its member firms and all the other market stakeholders to give their views on this topic.
The survey covers questions such as whether or not the landlord/management company restrictions are necessary/desirable, what are the difficulties in receiving information, the issue of costs, and whether HM Land Registry should cancel all restrictions until required by Statute. It will also look into the advantages and disadvantages of such restrictions and what HM could change in terms of policy.
“The CA welcomes this opportunity for its members and other stakeholders to input into HM Land Registry’s consultation on restrictions. Being at the coal face conveyancers are ideally placed to provide the real life view on the impact of restrictions within the conveyancing process. We would urge our members and all conveyancers to respond to the survey and indeed to pass it on to their contacts and colleagues across the industry so that Land Registry has a clear picture,” commented Beth Rudolf, Director of Delivery at The Conveyancing Association.
The survey is open until the 6th of February at snapsurveys.com/wh/s.asp?k=151239681269 and all responses are anonymous unless members choose to identify themselves in their comments.
The Conveyancing Association is the voice of the specialist UK Conveyancer and the leading trade body for the conveyancing industry. It is a not-for-profit organisation and it works in collaboration with industry stakeholders to campaign, influence, and improve the conveyancing process.