Regulator told PII reforms must not threaten trust in legal profession (LSG)
The Law Society and SRA were on opposing sides in 2014 when the SRA last tried to reduce minimum cover from £2m to £500,000. On that occasion, the plans were […]
Law Society attacks SRA’s “limited” indemnity insurance research, including failure to consider cybercrime (LF)
Research by the Solicitors Regulation Authority to support its plans to reform indemnity insurance has “clear limitations”, ignoring the recent increase in claims related to cybercrime among other failures, the […]
Report Brands New Homes in England as Unaffordable and of Poor Quality (IC)
The current system of house building in England is failing families by producing high priced and poor quality homes that eight in 10 families cannot afford, a new report claims.
Conveyancing Association Publish Consumer Guide to Lease Administration Fees (IC)
The Conveyancing Association, the leading trade body for the conveyancing industry, has today (6th March 2017) published its guide for consumers on leasehold property, specifically outlining the fees and charges […]
Stamp Duty: another leading agent wants it to be a seller’s tax (EAT)
Jeremy Leaf, the north London estate agent and former RICS residential chairman, is the latest industry figure to call for the government to consider levying stamp duty on sellers rather […]
Solicitors urged to alert SRA to criminal charges (TC)
The SRA have recently urged solicitors to adhere to Part 4 of the Practising Regulations, following increasing media reports of solicitors being charged or convicted of crimes.
Just 10% of people with legal problems turn to a solicitor, major research finds (LF)
Only 10% of people with legal problems use a solicitor, and often only after approaching other sources of advice first, major government research has revealed.
Fear that probate fees rise could be ‘a new inheritance tax’ (EAT)
Ministry of Justice probate fee changes coming into effect this spring will affect all individuals inheriting an estate worth more than £50,000 – and those inheriting estates worth over £2m […]
Lender calls for Stamp Duty to be reformed into a seller’s tax (PIE)
Yorkshire Building Society has reiterated its calls to make Stamp Duty a seller’s tax ahead of the Budget next week.
Solicitors urged to alert SRA to criminal charges (TC)
The SRA have recently urged solicitors to adhere to Part 4 of the Practising Regulations, following increasing media reports of solicitors being charged or convicted of crimes.
Consolidator Metamorph makes niche property firm its latest deal (LF)
Alternative business structure and consolidator Metamorph Law has completed its second deal by taking over niche practice SLC Solicitors.
Lenders ‘wrecking one in five transactions because of down-valuations’ after deals agreed (PIE)
Banks and building societies are refusing to lend on about one in five properties because of down-valuations by their surveyors.