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Economic crime chief puts solicitors in the dock over money laundering (LF)

A director of the National Crime Agency has told solicitors that the legal profession is worse than any other financial services sector in reporting money laundering suspicions.

Rob Hailstone November 1, 2017

Only 6% of consumers can find prices on lawyers’ websites (LF)

The Legal Services Consumer Panel today ratcheted up the pressure on regulators to impose transparency requirements on lawyers with survey findings that only 6% of consumers could find prices on

Rob Hailstone November 1, 2017

‘Stamp duty is UK’s worst tax – scrap it to help housing market’ (EAT)

Stamp duty on property sales is gumming up the housing market, stopping people from moving to the jobs they need, and keeping people in houses that are too large for

Rob Hailstone October 31, 2017

Call For Evidence Webinar: How Could It Affect Conveyancers (TC)

Last Sunday, the Department for Communities and Local Government launched a ‘Call for Evidence’, seeking the views of involved parties on how the home moving process could be improved.

Rob Hailstone October 30, 2017

Reforming The Conveyancing Process (TC)

Professionals are buried beneath heavy workloads, trying to communicate with the other side, gather the necessary information to progress a transaction as well as keep the client up to date.

Rob Hailstone October 30, 2017

Conveyancing process faces brick wall (LSG)

Research states that the most common frustration among homebuyers and sellers is the length of time that the conveyancing process takes.

Rob Hailstone October 30, 2017

More High Street agents buy into ‘Tinder-style’ online sales system (EAT)

Six more High Street estate agencies have signed up to an online platform that allows them to offer customers a fixed-fee listing service for £895.

Rob Hailstone October 27, 2017

Release of new data by HMLR reveals cash buyer numbers (TC)

New data has been released by HM Land Registry showing the number of properties which were bought using solely cash.

Rob Hailstone October 27, 2017

Solicitors “target of money launderers but not terrorists” says government (LF)

Legal services continue to be at high risk of attracting criminals intent on money laundering, but are not considered to be a target for terrorist financing, according to the latest

Rob Hailstone October 27, 2017

SME law firms under fraud attack but see business benefits in risk management (LF)

Almost half the staff at SME law firms say their firms have been attacked by fraudsters within the past 12 months, a survey has found.

Rob Hailstone October 25, 2017

New rules on the way for conveyancing solicitors who provide insurance (LF)

Personal injury lawyers, conveyancers and other solicitors who arrange or advise on insurance policies face new rules under a European directive coming into force next February, dealing with issues such

Rob Hailstone October 25, 2017

Conveyancers are piloting HIPs-style ‘Digital Home Reports’ (EAT)

The Conveyancing Association says some of its members are piloting HIPs-style Digital Home Reports in a bid to reduce fall-throughs and make house moves less stressful.

Rob Hailstone October 24, 2017