Woman loses £129,000 after receiving bogus email claiming to be from conveyancers (TC)
A woman who bought a house before auction and transferred the majority of the £148,000 price to a fraudster says by the time she realised what had happened, her bank’s […]
A seven-page code and solicitors practising wherever they want (LF)
The Solicitors Regulation Authority unveiled a seven-page code of conduct for solicitors and six-page code for firms as part of a radical shake-up of the way it oversees the profession.
Things we learned from the SRA consultation on the new code of conduct (LF)
It’s shorter, six principles not ten and accounts will be simplified.
SRA plans to exclude fees from narrower definition of client money in accounts rules overhaul (LF)
The Solicitors Regulation Authority is planning a new definition of ‘client money’ which would exclude fees and disbursements.
Call for urgent judicial review into leasehold extensions after tribunal decision (PIE)
There should be an urgent judicial review into the costs of leasehold extensions – and how those costs are calculated.
Privatising the Land Registry is a national scandal
You might never have used the Land Registry, but if you have there’s a very good chance you were happy with the speed and quality of the service we provided.
Land Registry: sell-off could imperil property data, says Law Society (LSG)
The Law Society has added its voice to the chorus of disapproval over the government’s plans to transfer Land Registry’s operations to the private sector.
Mortgages: Homeowners could switch deals ‘in seven days’
Homeowners could be offered the option of switching their mortgage supplier within a week, under plans being considered by the government.
Is a seven-day deadline to switch mortgages really possible? (PIE)
The industry has begun weighing up government proposals to allow home owners to switch mortgage within seven days.
Land Registry: Why, Minister? (LSG)
Think the government is clueless about privatising Land Registry? A classic sitcom was there first.
CLC seeks approval for solicitor-style indemnity scheme (LF)
The Council of Licensed Conveyancers has announced its intention to apply to the Legal Services Board to approve the introduction of a solicitor-style open market indemnity scheme.
The Privatisation of the Land Registry
The Land Registry underpins property ownership of over £4 trillion across England and Wales, which includes £1 trillion of mortgages.