One in three law firms targeted by cyberscammers as PII hike looms (LSG)
One in three law firms was targeted by cyberscammers in 2017-18, up from a quarter the previous year, the Law Society’s annual survey of professional indemnity insurance shows.
Firms must publish details of solicitors’ credentials (LSG)
Law firms will have to publish details of their employees’ experience and the time work is likely to take – as well as their prices – when new transparency rules […]
Insurance rule change to hit 7,000 firms (LSG)
New regulations affecting how insurance products are sold could affect up to 7,000 law firms, the Solicitors Regulation Authority says.
ID and escrow start-up fights conveyancing fraud (LSG)
A digital system aimed at relieving conveyancers of most of the burden of verifying clients’ identity and holding client money is due to begin trials with an estate agent this […]
New stamp duty surcharge to be imposed on foreign buyers (EAT)
The government has used this week’s Conservative party conference to announce a new stamp duty tax of one per cent to three per cent on foreign buyers of property in […]
Conveyancers could give customers instant quotes on their websites (PIE)
Conveyancing firms could give home movers instant quotes on their websites.
Should agents say Sale Agreed, Under Offer, or Sold Subject to Contract? (PIE)
In the Ombudsman’s view, ‘Sale Agreed’, ‘Under Offer’ and ‘Sold Subject to Contract’ all propose the same: that the seller has accepted an offer on the property, that is, a […]
Families Continue to Live in Leasehold Nightmares (TC)
Getting the keys to your new home following the arduous home buying process is usually a milestone memory of joy that is difficult to replicate. However, for the thousands of […]
The Difficulty in Recruiting and Retaining Talented Conveyancers (TC)
With the imminent arrival of price transparency and the need to highlight an expert staff and superior services, the importance of retaining skilled talent has never been more vital.
The legal sector and war against cyber criminals (TC)
The war against cyber criminals has been under way for many years now. In most cases we hear about the detrimental impact cyber criminality is having on law firms.
Housing transactions in England and Wales down almost 30% on pre-crash levels (PIE)
A new report, analysing Land Registry data for the year to and including August, also says that excluding London, transactions in England and Wales are up on a quarterly basis […]
Labour sets out stall to scrap Section 21 and bring in rent controls (PIE)
If it comes to power, Labour will scrap Section 21, give local authorities in cities the power to introduce rent controls, and back ‘renters unions’ to the tune of £20m.