Estate agents ‘no longer biggest money laundering risks’, report suggests (EAT)
A survey undertaken by the respected Economist Intelligence Unit and a risk solutions company suggests that estate agency may be one of the least appealing sectors for money launderers to […]
Magic Circle Law Firm’s Email Domain Targeted Three Times In Four Months (TC)
Global law firm and magic circle firm, Linklaters, have been peppered by cyber criminals in 2019 and have fallen foul of scammers attempting to use their name in phishing fraud […]
Ombudsman wants to see evidence of costs estimates upfront (LSG)
The legal sector’s complaints handler says it expects solicitors to give a costs estimate up front before they take on a case.
Local Land Charges – collaborating to deliver a groundbreaking service
Buying a home is the biggest financial investment of people’s lives and can be a stressful and lengthy process.
Give clients a cost benefit analysis of their cases, LeO says (LF)
Lawyers must provide their clients with a cost benefit analysis so they can understand the choices available to them, the Legal Ombudsman has said.
RICS release consultation on proposed new mandatory Home Survey Standard
The Royal Institution of Chartered Surveyors has launched an industry and public consultation on the proposals of a new mandatory Home Survey Standard.
Conveyancing Association say progress is being made on key issues (TC)
A commitment to limit all new lease rent levels to a peppercorn amount. Leasehold houses (with a few exceptions) will be banned – the number of new-build registered leasehold homes […]
“You’re going to prison” agent told in £110,000 fraud case (EAT)
An estate agent in the north east of England has been told he will face prison after admitting two counts of fraud, involving sums reported to be almost £110,000.
COLP Role Widening Under New SRA Regulations (TC)
On November 25 any law firm registered with the Solicitors Regulation Authority (SRA) will need to ready themselves for significant regulatory changes.
Licensed conveyancers set for practising fees cut (LF)
The body that regulates licensed conveyancers is looking at steep reductions in the cost of practising, arguing that “good regulation does not have to come with an onerous price tag”.
Conveyancing disruptor paying upfront referral fees launches (EAT)
Conveyancing platform The Moving Hub has this week launched its proposition into the estate agency and mortgage intermediary sectors.
Anti-money laundering: Make our lives easier, agents tell industry bodies (PIE)
Estate agents have called on the trade and professional bodies to do more to help industry compliance with anti-money laundering rules.