CML’s new Conveyancing rules will take effect in England and Wales from 2 July.

The Council of Mortgage Lenders has today (12 June) issued a new set of instructions for conveyancers acting for lenders under separate representation conveyancing transactions in England and Wales.
Following extensive consultation and development, the new instructions are designed to apply when a solicitor or licensed conveyancer is acting only for a lender, rather than for both lender and borrower, in house purchase transactions.
The new instructions will form a new part of the CML lenders’ handbook for conveyancers, and will take effect in England and Wales from 2 July.

Read More - http://www.ftadviser.com/2012/06/12/mortgages/mortgage-data/cml-issues-new-instructions-for-conveyancers-AGdZaS5aUJv1WJrzCBFfFM/article.html