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Conveyancing and other property related news

All the latest news and updates from the conveyancing and property world

SRA Handbook consultation results

82% of respondents think that permitting solicitors to work in unregulated firms will damage the solicitor brand.

Rob Hailstone September 23, 2016

Ombudsman warns SRA plans will confuse consumers (LSG)

The Legal Ombudsman has warned consumers will be frustrated by plans to allow solicitors to work for firms outside of regulation.

Rob Hailstone September 23, 2016

Saga exits legal services (LF)

Saga, the over-50s insurance and travel company, has closed its legal services business, Legal Futures can reveal – but said it may yet return to the market in future.

Rob Hailstone September 22, 2016

SRA warns law firms about investment schemes

The SRA has repeated its warning to the profession about involvement in high-yield investment schemes.

Rob Hailstone September 22, 2016

‘Shambolic’ SRA criticised by tribunal LSG)

A case brought by the Solicitors Regulation Authority against a solicitor who used a client account as a banking facility has been described as at times ‘verging on the shambolic’.

Rob Hailstone September 21, 2016

Public opinion strongly against changes to rules governing solicitors

Proposed changes to the Solicitor Regulation Authority (SRA) handbook that would deprive clients of a string of key protections and create confusion for people seeking legal advice are likely to

Rob Hailstone September 21, 2016

Call for Chancellor to ditch Stamp Duty and transfer tax from buyer to seller (PIE)

Stamp Duty should be replaced by a seller’s tax – effectively meaning that it would transfer transaction tax costs from buyer to vendor.

Rob Hailstone September 21, 2016

Law Society survey finds 20% pay gap between male and female solicitors (LF)

A gender gap in salaries continues to dog the solicitors’ profession, with men earning on average almost a fifth more than women, according to an earnings survey conducted by the

Rob Hailstone September 21, 2016

City lays in to SRA over handbook changes (LSG)

City lawyers have published a scathing critique of the SRA’s plans to overhaul practising rules – while a respected compliance expert claims the proposals would open the door to criminals.

Rob Hailstone September 21, 2016

Estate agency fees contribute to higher average moving costs, says Lloyds (EAT)

Rising estate agency fees account for more almost half of the increase in average moving costs in the past year, according to new research.

Rob Hailstone September 20, 2016

Solicitors who “completely failed to carry out money laundering checks” is suspended (LF)

A former sole practitioner who “completely failed to carry out money laundering checks or prevent his client bank accounts from being misused”, and as a result saw hundreds of thousands

Rob Hailstone September 20, 2016

Tiuta International Ltd v De Villiers Surveyors Ltd [2016] EWCA Civ 661 (01 July 2016) (TC)

The professional indemnity insurance (PII) challenges facing valuers between 2008 and 2014 have largely been overcome and most property consultants should now be benefitting from stable, if not reducing, PI

Rob Hailstone September 19, 2016

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