Figures reveal stamp duty income dropping after government’s reform (EAT)
There has been a £620m decline in stamp duty income for the government in the first nine months of 2015 according to high-end estate agency Knight Frank.
Conveyancers predict flood-checks will be mandatory during transactions (EAT)
A poll of conveyancers suggests that the vast majority believe environmental searches to identify the risk of flooding will become standard for house purchases.
Will the Law Society be fighting for survival soon? (LF)
It is not a massive exaggeration to say that the Law Society will be fighting for its existence in the months to come.
Reserved activities rule removed by the SRA (LF)
Law firms no longer need to carry out reserved activities in order to be regulated by the Solicitors Regulation Authority – but the regulator has offered assurances that it will […]
COFA sanctioned for “misappropriating” £120,000 from firm (LF)
A compliance officer for finance and administration at a Lincoln law firm has agreed to have his activities in the profession restricted after admitting to misappropriating £120,000.
Appeal court rejects mortgage fraud dishonesty finding against solicitors (LSG)
The Court of Appeal has dismissed allegations of dishonesty against two solicitors after finding that a High Court judge had ignored their defence in a case concerning mortgage fraud.
Conveyancers issue warning: Stamp duty surcharge “likely to delay transactions” (EAT)
The Society of Licensed Conveyancers is calling on the government to reconsider the three per cent stamp duty surcharge being introduced in April.
SLC Welcomes The CMA Market Study (IC)
The Society of Licensed Conveyancers has broadly welcomed the launch by the Competition and Markets Authority of a market study into legal services in England and Wales.
Conveyancing Foundation aims to raise £150,000 in 2016 (TC)
The Conveyancing Foundation aims to raise £150,000 for charities in 2016 – triple what it raised last year.
Further tickets released for Bold Legal Group roadshows (TC)
Due to popular demand, Bold Legal Group has announced the release of further tickets for their series of free educational roadshows in February and March 2016.
Law firm incomes up by over 5%, Law Society survey indicates (LF)
Law firms are “in good shape financially”, with median income increasing by 5.4% last year, according to Law Society research.
Solicitors’ opinions wanted on client accounts (LSG)
The Law Society is asking solicitors for opinions on the future of accounts rules ahead of an SRA review expected in the spring. A consultation lists options ranging from retaining […]