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Conveyancing and other property related news

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

Society urges pause in Land Registry plans (LSG)

Proposed legislation to extend the powers of Land Registry should be put on hold until the future status of the registry is decided, the Law Society has said.

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Rob Hailstone July 8, 2014

Law Society signs joint venture deal to create conveyancing portal (LF)

The Law Society has teamed up with software company Mastek UK Limited to deliver its conveyancing portal, which aims to speed up the home-buying process.

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Rob Hailstone July 7, 2014

Society turns to LSB after board clears cover reform (LSG)

The Law Society is to take its campaign against reforms of professional indemnity insurance to the Legal Services Board.

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Rob Hailstone July 7, 2014

Myhomemove and Countrywide are largest conveyancers (PIE)

The majority of conveyancing is still being done by smaller firms, new Land Registry data shows.

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Rob Hailstone July 4, 2014

Naked Legal offers stripped-down advice service (LF)

A a stripped-down telephone advice service for a single pre-payment fee of £45 was launched this week by legal entrepreneur Brad Askew.

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Rob Hailstone July 4, 2014

Lloyds defends recovery letters naming ‘SCM Solicitors’ (LSG)

The growing scandal of organisations employing non-existent ‘law firms’ to pressure debtors has taken a new turn today, with the giant Lloyds Banking Group the latest to come under scrutiny.

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Rob Hailstone July 4, 2014

PII arguments fall on deaf ears (LSG)

The plan to change the level of mandatory cover has one more hurdle to clear.

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Rob Hailstone July 4, 2014

Search delays adding stress for buyers, sellers – and agents (PIE)

Searches are taking weeks to come through in several parts of the country.

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Rob Hailstone July 3, 2014

Smaller law firms “face battle to keep junior partners” as HMRC deadline looms (LF)

Smaller law firms are struggling to retain their junior partners in advance of tough new capital requirements set out by HM Revenue & Customs an executive search firm has claimed.

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Rob Hailstone July 3, 2014

SRA Board makes changes to ease the burden

The Board of the Solicitors Regulation Authority (SRA) has approved a series of changes to its regulatory requirements to make them more proportionate and targeted and so reduce the cost

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Rob Hailstone July 3, 2014

Regulator approves PII reform (LSG)

The Solicitors Regulation Authority’s board today voted to cut to £500,000 the minimum level of professional indemnity insurance cover required from practitioners.

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Rob Hailstone July 3, 2014

Clash between lenders and conveyancers over PI (PIE)

Lenders have hit out at proposals to reduce the requirements for conveyancers to hold professional indemnity insurance.

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Rob Hailstone July 2, 2014
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