The Leasehold system is alive, despite the Governments protestations (IC)
Analysis of the Land Registry’s data reveals that leaseholds accounted for 219,511 or 31.9% of all properties sold in England and Wales in 2017.
Solicitors losing work to specialist conveyancers – research (LSG)
Buyers and sellers are increasingly turning to specialist conveyancers rather than generalist solicitors, according to sector research that supports calls for firms to publish client reviews on their websites.
Irish firm promises to revolutionise property auctions with first UK online sale (PIE)
An Irish business promises to revolutionise property auctions when it launches its first UK online auction next month.
AI revolution will affect lawyers less than many other occupations, report predicts (LF)
Legal professionals will escape the artificial intelligence revolution relatively unscathed compared to other occupations, with high educational achievement being a key factor, according to a major report on the long-term […]
ABSs top the 1,000 mark as research highlights changing face of legal market (LF)
New competition since the introduction of alternative business structures, along with client demands is changing the face of the legal market, research has suggested, with the number of ABSs now […]
Buyers and conveyancers beware – Fire safety in flats (TC)
Two recent Tribunal cases should serve to remind conveyancers about the importance of finding out about fire safety when buying flats.
Solicitor “severely reprimanded” for misconduct while trying to correct property transfer error (LF)
A solicitor has been “severely reprimanded” by the Solicitors Regulation Authority after he compounded an error made by his firm 15 years previously when it failed to follow instructions over […]
Government launches surprise consultation on property redress (EAT)
The government has launched a surprise consultation on the creation of a new redress system for customers of agents and others in the property industry.
Taxman to update guidance on ‘confusing’ Stamp Duty surcharge (PIE)
HMRC is set to update its guidance on the higher rate of Stamp Duty, which has been branded so confusing that it has caught out solicitors and estate agents.
Agency Warns Of Fake Property Advert Scam (TC)
Online fraudsters are targeting prospective tenants by offering listed properties at a lower price.
SRA wants to become separate legal entity from Law Society (LF)
Legal regulators have urged the Legal Services Board to use its review of the internal governance rules to give them greater independence from their representative bodies.
Conveyancing work falls for the first time in six years (LSG)
Conveyancers have suffered a drop in their workload for the first time in six years, according to an end-of-year edition of a regular benchmarking survey.