LSB rethinks rule stopping rep bodies from “influencing” regulators (LF)
The Legal Services Board is pulling back on proposed rules that would not allow bodies like the Law Society and Bar Council to try and “influence” their regulatory arms.
Quiz A Minister: send your questions on replacing leasehold with commonhold (EAT)
Put your questions on leasehold and commonhold directly to Heather Wheeler – MP for South Derbyshire, de facto Housing Minister.
Updated guidance on AML spells out agents’ responsibilities (PIE)
Updated guidance on anti-money laundering has been issued by HMRC to estate agents.
Clients prefer online contact to speaking with lawyers, research finds (LSG)
Law firm clients are more at ease sticking to emails and online chat when communicating with their lawyers, a new survey has found.
Agents and conveyancers unite over ‘devastating’ effects of search delays (PIE)
Estate agents and conveyancers are to get together this week to voice their concerns about the turnaround time for local authority searches in one city.
Radical change to leasehold and Right To Manage urged by Law Commission (PIE)
Consultation closes today on a Law Commission proposal to radically reshape leasehold and the Right To Manage.
Consumers like law firms that publish prices, survey finds (LF)
A large majority (77%) of consumers are more likely to use law firms that publish their fees online, a major report has found.
Buyers ‘should retain funds if homes are dirty on completion’ lawyer says (EAT)
Should ‘clean and tidy’ clauses be inserted into house purchase deals, allowing buyers to retain a sum if the property is left in an untidy state by the vendor?
What’s the point of the Law Society? (LF)
The Law Society has lost its core purpose. Why does it still exist?
Open banking data tapped to speed up laundering checks (LSG)
Conveyancing firms are testing a mobile app that uses data made available by new open banking regulations to comply with ‘source of funds’ checks.
New facility to train agents in system that legally binds buyers and sellers (PIE)
Industry coach and mentor Bryan Mansell is to set up an in-house training academy for Gazeal, which offers a system that legally binds buyers and sellers to a sale.
Conveyancers warned of scam email (LSG)
Practitioners have been warned not to respond to an email purporting to come from a property developer looking to change its conveyancing firm.