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Why COMMERCIALDW?
16th March 2017

CommercialDW Update – Conveyancers’ Briefing Note

From April 2017, all non-household customers in England will be able to choose their supplier of water and sewerage retail services. This is a result of a change in the law under the Water Act 2014, designed to introduce competition into the water industry. As a result, CommercialDW providers have had to make a small number of changes to the CommercialDW Enquiry.

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From April 2017, all non-household customers in England will be able to choose their supplier of water and sewerage retail services. This is a result of a change in the law under the Water Act 2014, designed to introduce competition into the water industry. As a result, CommercialDW providers have had to make a small number of changes to the CommercialDW Enquiry.

Whilst existing water companies will still own and maintain water and sewerage networks, services including billing, handling customer queries and complaints, and meter reading will be provided by a number of different companies (see www.open-water.org.uk/).

This change will have an impact on the Commercial Drainage and Water Enquiry (CommercialDW). This briefing note explains the changes and what commercial property conveyancers need to be aware of.

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4th July 2016

The Law Society publish revised CON29 and CON29O forms

The Law Society published the revised CON29 and CON29O forms on 4 July 2016

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The Law Society published the revised CON29 and CON29O forms on 4 July 2016

In support of the roll-out, the Law Society have provided guidance notes, developed in consultation with Land Data, the Local Land Charges Institute and the Local Government Association, to provide guidance to local authorities in replying to CON29 and CON29O enquiries of local authorities. Click here to view these guidance notes.

The Law Society has been working closely with DWSN providers to develop the updated CON29DW enquiry form for the 4th July 2016 deadline. The updated CON29DW reflects changes in legislation and so provides conveyancers with the most up-to-date information available when advising their clients on the impact of water and waste water networks in relation to property purchases.

A briefing note explaining the changes to the CON29DW enquiry can be found here.

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Why a CON29DW?
3rd June 2016

CON29DW Updates – Conveyancers’ Briefing Note

To support conveyancing professionals, DWSN have developed a briefing note explaining the reasons for the changes to the Law Society’s CON29DW

 

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To support conveyancing professionals, DWSN have developed a briefing note explaining the reasons for the changes to the Law Society’s CON29DW

 

Working in consultation with The Law Society, The Drainage and Water Searches Network(DWSN) agreed changes to the CON29DW to ensure that the Enquiry provides conveyancers with the most up-to-date information available when advising their clients on the impact of water and waste water networks in relation to property purchases.

In summary the key changes are:

• Inclusion of details on private pumping stations
• Impact of sustainable drainage systems (SUDs) on newly adopted sewerage networks
• Removal of water quality information as this is not property specific; however this information will still be available on individual water companies’ websites
• Provision of water hardness information.

The briefing note explains the changes and what conveyancers need to be aware of. A sample of the updated CON29DW is provided here for you.

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3rd May 2016

Updating the CON29DW

The content of the Law Society’s CON29DW is being updated to reflect changes to legislation impacting the water industry.

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The content of the Law Society’s CON29DW is being updated to reflect changes to legislation impacting the water industry.

Working in consultation with The Law Society, The Drainage and Water Searches Network(DWSN) have agreed changes to the CON29DW to ensure that the Enquiry provides conveyancers with the most up-to-date information available when advising their clients on the impact of water and waste water networks in relation to property purchases.

In summary the key changes are:

  • Inclusion of details on private pumping stations
  • Impact of sustainable drainage systems (SUDs) on newly adopted sewerage networks
  • Removal of water quality information as this is not property specific; however this information will still be available on individual water companies’ websites
  • Provision of water hardness information.

The updated CON29DW will be implemented by DWSN members over the coming months with a view to all members using the updated form by 4th July 2016 when the Law Society launch their revised CON29 and CON29O forms.

The following companies have launched the new version:

  • 9 May – Thames Water Property Searches
  • 16 May – Geodesys, SafeMove, Southern Water LandSearch, Source for Searches

The following companies will launch around the dates below:

  • 23 May – Northumbrian Water Property Solutions, United Utilities Property Searches
  • 27 June – Severn Trent Searches
  • 30 June – Wessex Searches
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29th April 2016

CML Annual Lunch 2016

DWSN were delighted to host a table at the recent Council of Mortgage Lenders (CML) Annual lunch on Friday, 22 April 2016. With over 620 attendees it was very well attended and the largest to date with plenty of opportunity for networking and lively debate!

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DWSN were delighted to host a table at the recent Council of Mortgage Lenders (CML) Annual lunch on Friday, 22 April 2016. With over 620 attendees it was very well attended and the largest to date with plenty of opportunity for networking and lively debate!

Peter Hill, CML Chair and Chief Executive, Leeds Building Society, highlighted that this might potentially be the last lunch of its kind with the move to the agreed merger with British Bankers Association (BBA),Payments UK, the UK Cards Association and the Asset Based Finance Association creating an industry “super-body”.

Hill highlighted that housing has finally been catapulted into being one of a small handful of policy issues right at the top of the political agenda. Bringing with it heightened interest beyond the normal regulators, but also now from the Treasury and the Bank of England Financial Policy Committee. All of which makes for a busy time – requiring mortgage lenders to assimilate housing, tax, social, and economic policy and notably this year, to align their businesses to the Bank of England’s latest set of levers, so-called macro prudential tools.

Whilst it may be tempting to be nostalgic over what may be the last year of the CML, Hill emphasised that he didn’t expect the trade body representation to be materially different in 2017. Looking ahead Hill highlighted that the CML would be expanding its research programme and as expected, ‘working closely with the FCA on the review of competition in the mortgage sector and post-MMR thematic reviews, and with the Bank of England on the long-term prudential framework for lending’. Hill also alluded to a key area of work ‘embracing the knotty policy challenge of developing a framework for lending to older borrowers in safe and effective ways’, highlighting that these are key areas of focus for CML members for the future.

 

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