Elderly woman charged agent’s commission after property failed to sell, allegation (PIE)
An elderly woman who sold her home to her own son after the property failed to sell through an agent was charged over £4,000 in commission.
CLC publishes Action Plan for better-informed consumers in response to CMA recommendations (IC)Council for Licensed Conveyancers to consult in autumn 2017 on detailed proposals for increasing transparency of price and service quality information for consumers
Council for Licensed Conveyancers to consult in autumn 2017 on detailed proposals for increasing transparency of price and service quality information for consumers.
Regulators to take price transparency rules slowly as SRA outlines limited pilot (LF)
Legal regulators have reacted cautiously to the Competition and Markets Authority’s recommendations on price transparency, pledging to pilot regulatory requirements and test their effects on the lawyers and firms they […]
SRA backs compulsory publication of conveyancing prices (LSG)
Conveyancing is expected to be one area designated for mandatory price information, but the details are likely to be subject to consultation and will be worked through along with other […]
The nine week wait: sales fall through because of slow searches (EAT)
Estate agents are angry over delays in processing land searches by a local authority in the south west.
Decision to strike-off conveyancing solicitor overturned (TC)
A decision to strike off a solicitor has been recently overturned by the High Court on the basis he had no chance to defend himself.
Anti-money laundering rules will slow buying process, lawyer warns (EAT)
The new anti-money laundering regulations introduced this week will delay the routine buying and selling of homes, a lawyer warns – and they may cause headaches for small estate agencies.
LMS has been selected by Tesco Bank to be their integrated conveyancing partner (TC)
Tesco Bank stated that LMS’s proven track record and ability to deliver for all key stakeholders meant the provider was a natural choice.
Accountants get green light for full legal services offering (LSG)
Accountancy firms’ expansion into the legal services sector took a significant step as regulators opened the way for them to provide more reserved activities.
SRA to canvass public over conveyancing experience (LSG)
The Solicitors Regulation Authority will ask 1,000 people about their conveyancing experiences to help improve the regulator’s understanding of the market.
New move-tracking service aims to cut transaction times to just two days (PIE)
A company launching a new service to track the progress of transactions has raised £850,000 to launch.
Leasehold homeowners urged to use Leasehold Reform Act (TC)
An industry figure has advised that leasehold homeowners with onerous contract terms should exercise their rights under the Leasehold Reform Act.