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Conveyancing and other property related news

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

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

Accolade for Countrywide boss who turned company around (PIE)

Grenville Turner, outgoing chief executive of Countrywide, has won a business turnaround award for his achievements in pulling Britain’s biggest estate agent out of the ashes.

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Rob Hailstone July 2, 2014

Figures confirm ‘good value’ British agents (EAT)

Research into fees suggests that British agents are amongst the best value anywhere in the world.    

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Rob Hailstone July 2, 2014

Bogus law firms and money laundering rise up SRA’s risk register for law firms (LF)

Bogus law firms and money laundering have become two of the biggest current risks to law firms, the Solicitors Regulation Authority (SRA) said yesterday, in publishing its 2014 risk outlook.

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Rob Hailstone July 2, 2014

Allen & Overy posts ‘highest ever’ revenue and profit (LSG)

Allen & Overy has today reported record income and profits, taking advantage of ‘more stable’ global markets and returns from a ’strategy of counter-cyclical investment through the financial crisis’.

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Rob Hailstone July 2, 2014

City where local searches are taking six weeks (PIE)

Searches by Exeter City Council were taking five working days until a month ago, but are now taking far longer.

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Rob Hailstone July 1, 2014
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