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Conveyancing and other property related news

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

Conveyancing portal seeks estate agents’ input (EAT)

Veyo, the new conveyancing portal developed by The Law Society and IT firm Mastek UK, wants to hear from estate agents on how they believe the home buying and selling

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Rob Hailstone January 6, 2015

Principality Building Society Conveyancing Panel Update

In line with new CML Handbook changes Principality Building Society have updated their specific requirements relating to building insurance.

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Rob Hailstone January 6, 2015

LeO: law firms should issue two retainers to consumer credit clients (LF)

Law firms should issue two separate retainers to clients where they are provided with consumer credit as well as purely legal services, the Legal Ombudsman (LeO) has suggested.

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Rob Hailstone January 6, 2015

SRA fines firm £2,000 for role in stamp duty avoidance schemes (LF)

A small firm in Hertfordshire has become the latest law firm to be fined by the SRA for its involvement in a SDLT avoidance scheme.

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Rob Hailstone January 6, 2015

Signs of a bumper season for agents – with happy buyers and sellers (PIE)

Early indications are that estate agents have enjoyed an extraordinary bumper festive period – more than repaying those who kept their doors open, perhaps longer than they had anticipated.

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Rob Hailstone January 5, 2015

Warning to UK Home Owners Over Invasive Plant Controls (IC)

Buyers and sellers in the UK are being advised to check for signs of the invasive Japanese knotweed plant in gardens, or else they could face criminal prosecution.

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Rob Hailstone January 5, 2015

Failure to undertake CPD will be “aggravating factor” in investigations, SRA warns (LF)

Failure to undertake CPD will be an “aggravating factor” when enforcement decisions are made against those guilty of incompetence, the SRA has said.

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Rob Hailstone January 5, 2015

Robot brain could cut turnaround time (LSG)

Legal business Riverview Law is aiming to apply artificial intelligence to legal work under a partnership with a computer science faculty.

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Rob Hailstone January 5, 2015

Advice To a Selling Client on a Request For a Reduced Deposit (IC)

Accepting a reduced deposit on a sale transaction without explaining the risks and seeking a client’s explicit instructions could expose you to a costly professional negligence action if the transaction

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Rob Hailstone December 23, 2014

Law Society fails to block Find a Solicitor negligence action (LF)

The Law Society has failed in a bid to block a High Court action against it for negligent misrepresentation, after a bogus solicitor got himself listed on the society’s Find

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Rob Hailstone December 23, 2014

LeO opens door to investigating “tightly defined” third-party complaints (LF)

There is scope for the Legal Ombudsman to offer redress to third parties, as long as the complaints involved could be “clearly and tightly defined”, a report by a LeO

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Rob Hailstone December 23, 2014

Information on law firms to become available to comparison websites

As part of the SRA’s commitment to transparency and openness, it is making a suite of core data about law firms available for use by comparison websites.

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Rob Hailstone December 23, 2014
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