The Law Society has put on hold the compulsory use of its revised TA6 property information form while it consults with conveyancing members.
In a statement today, the Society’s chief executive, Ian Jeffery, said: 'As a profession we must embrace change and a key role of the Society is to support our members through this evolution.
'In this vein, the recent updates made to our TA6 form were intended as a pragmatic response to the National Trading Standards Estate and Letting Agency Team (NTSELAT) guidance on material information. We know that many firms have been gearing up to go live with the new form, with thousands of copies having already been accessed.
'However, we have listened to recent feedback and recognise that we have not yet persuaded enough of our colleagues on those particular changes, so we need to do more to communicate with the profession about them. Having reflected on the strength of feeling expressed by members on this issue we have this week decided to postpone compulsory implementation of the TA6 Property Information Form (5th edition) (2024) for accredited conveyancing quality scheme members for six months while we consult members further.'
Until 15 January 2025 members will be compliant with the CQS if they use either TA6 (4th edition, second revision) (2020) or if they use the new TA6 Property Information Form (5th edition) (2024), Jeffery said.
'In the coming weeks we will consult members further about the content of the TA6 5th edition to ensure we understand the full range of member views.'
In a statement over the weekend, the Property Lawyers Action Group said angry members expect the TA6 form to be withdrawn, not postponed, and the group is carefully considering its next steps concerning the SGM.
