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Samuel Phillips Law Blog
With the law underpinning the conveyancing process being governed by the country in which the property is located, the legal process surrounding buying and selling property will remain predominantly unchanged; irrespective of whether a ‘hard’ or ‘soft’ Brexit is achieved. Less resistant to the impacts of the upcoming changes, however, will be the property markets, mortgage lenders and, ultimately, the developers themselves.
On 31st December 2020, the UK’s transition period for leaving the EU will end ushering in significant changes to UK private and commercial law. But what exactly will those changes mean for UK property law – and what will buying and selling your home post-Brexit look like?
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