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 […]
Business email conveyancing fraud attacks among top threats to UK businesses (TC)
Business email attacks to conduct conveyancing fraud are one of the top major fraud threats facing UK businesses.
Notaries lose confidence in regulator’s ability to oversee probate and conveyancing work (LF)
The Notaries Society is calling on the profession’s regulator, the Faculty Office of the Archbishop of Canterbury, to abandon its oversight of the “extremely high risk” activities of probate and […]
Sellers losing thousands because of fall-throughs says group (EAT)
One in five sellers suffer a fall-through costing them an average £2,700 – but many lose £5,000 or more.
Property fraud (Dreamvar) liability rulings this week (LSG)
The Court of Appeal is due to give judgment tomorrow in Dreamvar (UK) Limited v Mishcon de Reya and P&P Property Limited v Owen White & Catlin LLP.
American equity firm bid to buy Zoopla is announced (PIE)
A US-based private equity firm Silver Lake Management Company has agreed to buy ZPG for £2.2bn.
Merger deal between online agents Emoov and Tepilo ‘set to go ahead within days’ (PIE)
Sources say that on-off talks about merging online agents Emoov and Tepilo are likely to result in a deal very shortly.
New super £100m estate agency ‘to be formed’ out of independents seeking to amalgamate (PIE)
A new major listed estate agency worth at least £100m is planned to be built, created from individual agents put together to form a large single group. The plan is […]
Major estate agencies in secret project to try to end delays in chains (EAT)
Several major national agencies and some smaller operators are involved in a project to understand why transaction chains are generally getting slower and more complicated.
Law Society voices concerns over consumer protection (TC)
Law Society vice president Christina Blacklaws said: “Ad hoc regulation is no regulation at all.”
Government confirm their plan to improve the Home Buying Process post Cabinet changes (TC)
This was the message relayed by Matt Prior during Wednesday’s Bold Legal Group Modern Law Conveyancing Conference, discussing the Government response to the industry consultation.