Conveyancers tackle H2B and money laundering

The Conveyancing Association is meeting to discuss how the Help to Buy scheme and money laundering will affect the house-buying process in its Birmingham workshop today.

Following the launch of its consumer focused ‘pledges’ last year the workshops continue the CA’s drive to improve standards and reduce risks across the conveyancing industry.

Eddie Goldsmith, CA chairman, said: “Since our first workshop earlier this year there have been significant developments in the residential property industry.

"New government schemes and regulations have added further complexity to the house-buying process.

“The Conveyancing Association's workshops provide an opportunity for members to share knowledge and consult industry specialists on the latest developments.”

Each session will be chaired by an industry expert with Bill Jones, managing partner at JMW Solicitors LLP and managing director of ML Solutions 4U Ltd leading the money laundering session and Paul Butt, consultant solicitor, Rowlinsons Solicitors Ltd, chairing the session on the Help to Buy scheme.

Butt said: “The law and practice underpinning the sale and purchase of land is forever on the move.

"The Conveyancing Association's workshops show the commitment of member firms to being at the forefront of change in order to ensure that clients have the best possible advice and service."

Jones added: “The statutory and regulatory anti-money laundering obligations on conveyancers are both onerous and compulsory.

"Failure to comply is a serious matter. It is good to see that the Conveyancing Association is providing its members with regular anti-money laundering guidance and the opportunity to join open and constructive debates covering this very complex area.”