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Conveyancing and other property related news

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

Slowly and inefficiently is the only way to buy a home (EAT)

Having been involved in the business of home buying and selling for just over 40 years, I thought I had experienced all of the frustrations that one could. However, I did not

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Rob Hailstone September 12, 2014

Important update: new official code on lettings is published (PIE)

A new code has been published for the private rented sector.

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Rob Hailstone September 12, 2014

Lawyer shortage delaying house sales (LSG)

An acute and worsening shortage of conveyancers is putting the brakes on the housing market, according to a respected market bellwether.

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Rob Hailstone September 11, 2014

Average basic salary for estate agents is £23,848 (PIE)

The average basic salary for those working in the UK residential property sector is £41,392.

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Rob Hailstone September 11, 2014

Paralegal fined for taking client information (LSG)

Employees who take information about clients with them when they move jobs are committing a criminal offence, the information commissioner has warned solicitors after a paralegal was fined £300 yesterday. 

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Rob Hailstone September 10, 2014

Jailed solicitor struck off

A Birmingham solicitor currently serving five years in prison for property fraud offences has been struck off by the Solicitors Disciplinary Tribunal (SDT).

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Rob Hailstone September 9, 2014

SRA sets out case for PII proposals

The Solicitors Regulation Authority (SRA) has reinforced its case for changes in its requirements for professional indemnity insurance in a letter to the LSB dated Friday, 5 September. 

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Rob Hailstone September 9, 2014

Former partners fined for ‘orderly wind-down’ failings (LSG)

Two former partners have each been fined £2,000 for not closing down their firm properly once insurance cover had run out.

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Rob Hailstone September 9, 2014

Property Alert service proves popular in the fight against property fraud (EAT)

Six months on from the launch of Land Registry’s Property Alert service, more than 12,000 people have signed up to the free service which provides an early warning of suspicious

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Rob Hailstone September 9, 2014

Legal Services Act heading for “knacker’s yard” (LF)

The “flaws and limitations” of the Legal Services Act are “all too apparent” and, as every year goes by, it is moving closer to “the regulatory equivalent of the knacker’s

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Rob Hailstone September 9, 2014

SRA stands firm on indemnity cover cut (LF)

The Solicitors Regulation Authority (SRA) has hit back at criticism from the Legal Services Board (LSB) over its plans to cut the minimum compulsory cover for law firms from £2m

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Rob Hailstone September 9, 2014

‘We grew too quickly,’ new Co-op boss admits (LSG)

The head of the standard bearer for alternative business structures has admitted the company grew too fast in its early years.

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Rob Hailstone September 8, 2014
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