Law Society publishes new practice note on climate risk and conveyancing
The Law Society has published a new practice note, providing practical guidance for solicitors and their teams on addressing climate-related risks in property transactions, including residential, commercial, and mixed-use properties. The note covers examples of climate risks, how to advise and represent clients in different transactions, and approaches to valuations and surveys. It is intended for firms of all sizes, regardless of their area of specialisation. It follows the Law Society’s consultation, conducted from 17 September to 31 October 2024, which involved engagement with 20 industry bodies.