Important update: new official code on lettings is published (PIE)
A new code has been published for the private rented sector.
Lawyer shortage delaying house sales (LSG)
An acute and worsening shortage of conveyancers is putting the brakes on the housing market, according to a respected market bellwether.
Average basic salary for estate agents is £23,848 (PIE)
The average basic salary for those working in the UK residential property sector is £41,392.
Paralegal fined for taking client information (LSG)
Employees who take information about clients with them when they move jobs are committing a criminal offence, the information commissioner has warned solicitors after a paralegal was fined £300 yesterday.
Jailed solicitor struck off
A Birmingham solicitor currently serving five years in prison for property fraud offences has been struck off by the Solicitors Disciplinary Tribunal (SDT).
SRA sets out case for PII proposals
The Solicitors Regulation Authority (SRA) has reinforced its case for changes in its requirements for professional indemnity insurance in a letter to the LSB dated Friday, 5 September.
Former partners fined for ‘orderly wind-down’ failings (LSG)
Two former partners have each been fined £2,000 for not closing down their firm properly once insurance cover had run out.
Property Alert service proves popular in the fight against property fraud (EAT)
Six months on from the launch of Land Registry’s Property Alert service, more than 12,000 people have signed up to the free service which provides an early warning of suspicious […]
Legal Services Act heading for “knacker’s yard” (LF)
The “flaws and limitations” of the Legal Services Act are “all too apparent” and, as every year goes by, it is moving closer to “the regulatory equivalent of the knacker’s […]
SRA stands firm on indemnity cover cut (LF)
The Solicitors Regulation Authority (SRA) has hit back at criticism from the Legal Services Board (LSB) over its plans to cut the minimum compulsory cover for law firms from £2m […]
‘We grew too quickly,’ new Co-op boss admits (LSG)
The head of the standard bearer for alternative business structures has admitted the company grew too fast in its early years.
SRA steps up anti money laundering work
The Solicitors Regulation Authority (SRA) is stepping up its efforts to ensure solicitors firms do not become embroiled in money laundering activity and are compliant with the various regulations and […]