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Conveyancing and other property related news

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

SRA’s message to law firms: Stop offering banking facilities to clients (LSG)

Regulators have once again reminded law firms that they cannot act as an effective bank account for clients wanting a safe space to hold money.

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Rob Hailstone August 7, 2018

Should agents and conveyancers sign up to better communications between all property professionals? (PIE)

Exchanging a chain of eight properties is like putting eight medium sized jigsaws together (i.e. the pre exchange process) in order for those eight medium sized jigsaws to make one

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Rob Hailstone August 6, 2018

Conveyancing giant “to play big role” in parent PLC’s recovery (LF)

One of the ‘big five’ conveyancing law firms is aiming for more market share and remortgage work as part of efforts to steady its struggling parent company.

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Rob Hailstone August 6, 2018

Streamlining conveyancing to stop fraud

The Law Commission have made recommendations for HM Land Registry – will the changes to conveyancing stop fraud, or just make the process slower?

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Rob Hailstone August 3, 2018

Purplebricks to with-hold commission from Local Property Experts commission after over 450 breaches (PIE)

Purplebricks is with-holding commission from Local Property Experts because of breaches of anti-money laundering rules.

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Rob Hailstone August 3, 2018

Licensed conveyancers to display fees and timescales in new transparency drive (PIE)

Licensed conveyancers have moved a step closer to having to display their fees and indicative timescales upfront.

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Rob Hailstone August 3, 2018

Almost one in three estate agents do not know if they have anti-money laundering process in place (PIE)

Nearly one in three estate agents do not even know if they have an anti-money laundering process in place, and just 16% are confident that they fully understand their legal

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Rob Hailstone August 2, 2018

Conveyancing body wants fees listed on law firms’ websites (EAT)

The Council for Licensed Conveyancers says it wants legal practice websites to list cost information, including whether they have referral arrangements.

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Rob Hailstone August 2, 2018

Legal consumers report satisfaction – but still won’t shop around (LSG)

Efforts to persuade legal services consumers to shop around for their lawyer appear to be making little headway.

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Rob Hailstone August 2, 2018

SRA asks: when should firms report potential wrongdoing? (LSG)

Regulators have begun a major review of reporting requirements for firms dealing with suspected misconduct by their employees.

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Rob Hailstone August 2, 2018

Survey finds that banning gazumping is top housing policy change wanted in Britain (PW)

New research shows that the top desire is action to prevent gazumping.

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Rob Hailstone August 1, 2018

Estate agencies closing – data shows how many and where (EAT)

Data prepared for the BBC and shared with Estate Agent Today gives a snapshot of how estate agencies, lettings agencies and chartered surveyors are suffering as the housing market becomes

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Rob Hailstone August 1, 2018
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