Carney says owners and buyers should budget for interest rate rises (EAT)
House owners and buyers with mortgages in today’s market should budget to ensure they can “have enough headroom” for a rise in interest rates of as much as three percentage […]
Legal comparison sites struggling to attract providers (LSG)
An aspiring legal comparison website says it is encouraged by the competition watchdog’s controversial report on the sector – despite the report outlining how difficult these sites may find it to […]
MPs call for reintroduction of HIPs for new build homes (TC)
The vast majority of home buyers want surveys on new properties according to a poll by YouGov.
Solicitor whose “dysfunctional firm” failed to pay stamp duty to HMRC is struck off (LF)
The “chaotic” situation at a solicitor’s firm was no excuse for her failure to pay stamp duty to the HMRC, the Solicitors Disciplinary Tribunal has ruled.
Making law firms publish average prices “is not perfect but it is needed” (LF)
The slow pace of change in the legal services market means “regulatory intervention” is needed to force firms to publish their average prices even though it is not a perfect […]
Handbook changes could lead to ‘two-tier profession’ – Society (LSG)
The Solicitors Regulation Authority’s plans to simplify its hefty handbook could result in a two-tier profession, the Law Society has warned.
Proposed Handbook changes will have major implications for the solicitor profession and its clients
The SRA proposals for changes to their Handbook for solicitor and firm regulation, if accepted, will leave clients with less protection and could result in a two-tier solicitor profession, the […]
CMA decision on market investigation welcomed by Law Society
An interim report into the legal services market was by the Competition and Markets Authority, prompting the Law Society of England and Wales to welcome the conclusion that no formal market […]
Government’s bid to boost first-time buyers (and Tory voters) ‘not working’ (PIE)
First-time buyers are 2.2m behind where they should be given demographic trends – despite significant government investment in home ownership.
Consumers “generally satisfied” with legal services providers, key survey finds (LF)
There are high levels of consumer satisfaction with legal services, according to a survey commissioned by the Competition and Markets Authority (CMA).
Consultation on further liberalisation of legal services market (LSG)
The government today unveiled plans for a second wave of reforms aimed at opening the legal services market to new businesses.
Land Registry ‘cannot easily be privatised’ – Law Society (LSG)
The Law Society has added its voice to a chorus of concern over government plans to transfer Land Registry operations, saying the registry ‘is not a commercial operation which can […]