The technologies shaking up the property sector (TC)
A Competition and Markets Authority study concluded that people need better information about legal services to help them shop around more effectively.
Uncertainty remains after Dreamvar and P&P rulings (LSG)
Landmark judgment leaves questions unanswered as solicitors voice renewed concerns over liability for property fraud.
Conveyancers enjoy strong start to the year (LSG)
The housing market shows no signs of crashing as conveyancers were kept surprisingly busy at the start of the year, according to an analysis of official figures published recently.
Buyer panned after publicising plans to pull out of house purchase or gazunder a week before exchange (PIE)
A woman who posted on Mumsnet that she was planning on either pulling out of a house purchase or gazundering with a week to go, has been slated by fellow […]
Red flag alerts – signs that the seller may be dodgy and NOT the owner (PIE)
Yesterday on Property Industry Eye, Rob Hailstone of Bold Legal Group posted that he had drawn up a list of ‘red flags’ for solicitors and agents to be aware of.
Honestly, why does conveyancing take SO long? (PIE)
Why does it take solicitors SO long to do what most people think should be a straightforward process.
Court of Appeal ruling: Solicitors for fraudulent sellers ordered to compensate duped property buyers (PIE)
Two cases where genuine purchasers bought properties through estate agents from fraudulent vendors have now had judgment handed down by the Court of Appeal.
Disagreement between Judges on Dreamvar –v- Mishcon de Reya and Others (TC)
There was disagreement amongst the judges on the conclusion of the Dreamvar appeal regarding the relief sought by MdR under s.61 of the Trustee Act 1925.
Dreamvar reaction: Conveyancers face insurance premium hikes (LF)
Conveyancers are facing higher professional indemnity insurance costs – and their clients higher fees as a result – due to yesterday’s Court of Appeal ruling in Dreamvar, experts have predicted.
Law firm finances creaking as falls in PI and conveyancing work take their toll (LF)
Small and mid-sized law firms need to accept that lower levels of profitability are becoming the “new normal”, it was claimed.
Appeal rules against seller’s solicitors in crucial Dreamvar liability dispute (LSG)
Solicitors representing fraudulent property vendors should share responsibility along with those representing the duped buyers for any resulting losses, the Court of Appeal has ruled in a widely awaited decision.
Dreamvar v Mishcon de Reya – Industry Predictions (TC)
The decision from the Court of Appeal on the Dreamvar (UK) Limited v Mishcon de Reya and P&P Property Limited v Owen White & Catlin LLP cases are expected to […]