SRA decision to hold board meetings in private “may breach Legal Services Act” (LF)
The decision by the Solicitors Regulation Authority to close its meetings to public and press scrutiny appears to be contrary to its obligations under the Legal Services Act 2007 (LSA), […]
51% of England’s new builds have ‘major faults’ (TC)
Recent research has revealed that over half of new home buyers have experienced problems with their properties. This follows Bovis Homes agreeing to pay compensation of £7m to customers who […]
SRA and transparency: ‘do as we say, not as we do’ (LSG)
The regulator is vulnerable to accusations of hypocrisy after shutting out the public and journalists.
Agents warned that new anti-money laundering requirements drawing nearer (PIE)
The 4th Money Laundering Directive is due to become law from June 26. Estate Agents are reminded that the clock is ticking towards a new anti-money laundering regime that will […]
SRA closes board meetings to public (LSG)
The Solicitors Regulation Authority has confirmed that it will no longer allow the public to attend board meetings.
Nearly 500 law firms targeted by fraudsters in new email scam (LSG)
Scammers have attempted to infiltrate the IT systems of hundreds of firms, the Solicitors Regulation Authority has reported.
Appeal court sends £4m solicitors’ negligence claim to trial (LF)
The Court of Appeal has overturned a ruling that gave a national law firm summary judgment in a case alleging that its negligence had caused a company to lose a […]
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 […]