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Conveyancing and other property related news

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

Gazumping is not all bad news (EAT)

We’re all familiar with ‘gazumping’ – most us have been ‘gazumped’ or indeed been the perpetrators of this practice, for it is by no means an uncommon one.

Rob Hailstone September 14, 2015

Open Letter to the President of the Law Society – Chancery Lane, London (IC)

I have over the past 5 years worked hard to introduce efficiencies as well as measures to combat the increasing risks which continue to arise. Much of the work has

Rob Hailstone September 14, 2015

SRA puts back decision on client account alternative (LSG)

The Solicitors Regulation Authority is to press ahead with a consultation on extending the use of third-party managed accounts as an alternative to the client account.

Rob Hailstone September 11, 2015

Proposals for consumer credit regulation adopted by SRA Board

Solicitors should be able to carry out certain consumer credit activities under SRA authorisation as long as their activities are central to the legal services they provide, the SRA Board

Rob Hailstone September 10, 2015

SRA Compensation Fund pays out over £23 million

The SRA Compensation Fund paid out over £23.8 million in the year to 31 October 2014, latest figures reported to the SRA Board meeting recently reveal.

Rob Hailstone September 10, 2015

SRA hits back after Law Society attack on indemnity reforms (LF)

Paul Philip, chief executive of the Solicitors Regulation Authority, has hit back after the regulator’s indemnity insurance reforms were fiercely criticised by the Law Society.

Rob Hailstone September 10, 2015

SRA postpones introduction of third-party alternative to client account (LF)

The introduction of third-party managed accounts as an alternative to traditional client accounts will be postponed by at least a year to the end of 2016, the Solicitors Regulation Authority

Rob Hailstone September 10, 2015

Solicitors free to offer ‘central’ consumer credit (LSG)

Solicitors will be able to carry out certain consumer credit activities under the wing of the Solicitors Regulation Authority – a year after the regulator proposed dropping the responsibility altogether.

Rob Hailstone September 10, 2015

Warning to agents over homes with restrictive covenants (EAT)

The residential director at Mullucks Wells in West Essex and East Hertfordshire, William Wells, has contacted Estate Agent Today to highlight what he considers “a relatively dramatic change” by some

Rob Hailstone September 9, 2015

The Real Cost of Conveyancing in 2015 (TC)

Recent studies demonstrating the cost of conveyancing over the last decade may suggest a greater cost in terms of risk for those in the field during 2015.

Rob Hailstone September 9, 2015

Legal complaint time limits to be unlimited to meet EU directive (LSG)

Consumers with grievances about a solicitor could have an unlimited time to bring a complaint to the Legal Ombudsman under changes required to meet an EU directive.

Rob Hailstone September 9, 2015

Pioneering ABS adds estate agency to boost legal business (LF)

The first independent financial adviser to set up a law firm from scratch has added an estate agency to work alongside its alternative business structure.

Rob Hailstone September 8, 2015

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