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Leave anti-money laundering guidance to us – Law Society (LSG)

THE professions should ’own’ anti-money laundering guidance as they best understand the fight against organised crime, the Law Society said recently.

Rob Hailstone June 8, 2016

Ministers to consult this year on modernising conveyancing (LSG)

The government is to publish a ‘call for evidence’ later this year to modernise the homebuying experience amid concerns about conveyancing.

Rob Hailstone June 7, 2016

Conveyancers sanctioned for advice failures and registration oversight (LF)

A conveyancer who failed to report important details to lender clients or follow their instructions in over 100 transactions has been fined £2,000 by the Solicitors Regulation Authority.

Rob Hailstone June 7, 2016

Conflict of interest ex-solicitor fined £2k by SRA (LSG)

A former partner in a firm has pledged to eschew the solicitors’ profession after admitting to rule breaches in more than 100 conveyancing transactions.

Rob Hailstone June 7, 2016

Assistant solicitor fined £5k for failing to register interest in property (LSG)

A conveyancing solicitor has been fined for failing to register a notice of interest in a property for another firm’s client. Assistant solicitor fined £5k for failing to register interest in

Rob Hailstone June 6, 2016

28 per cent of house sales fall through after offers are accepted (EAT)

Almost three in 10 buyers have seen their house purchase fall through after making an offer – typically leaving them almost £3,000 out of pocket as a result.

Rob Hailstone June 6, 2016

Woman loses £129,000 after receiving bogus email claiming to be from conveyancers (TC)

A woman who bought a house before auction and transferred the majority of the £148,000 price to a fraudster says by the time she realised what had happened, her bank’s

Rob Hailstone June 3, 2016

A seven-page code and solicitors practising wherever they want (LF)

The Solicitors Regulation Authority unveiled a seven-page code of conduct for solicitors and six-page code for firms as part of a radical shake-up of the way it oversees the profession.

Rob Hailstone June 3, 2016

Things we learned from the SRA consultation on the new code of conduct (LF)

It’s shorter, six principles not ten and accounts will be simplified.

Rob Hailstone June 3, 2016

SRA plans to exclude fees from narrower definition of client money in accounts rules overhaul (LF)

The Solicitors Regulation Authority is planning a new definition of ‘client money’ which would exclude fees and disbursements.

Rob Hailstone June 3, 2016

Call for urgent judicial review into leasehold extensions after tribunal decision (PIE)

There should be an urgent judicial review into the costs of leasehold extensions – and how those costs are calculated.

Rob Hailstone June 2, 2016

Privatising the Land Registry is a national scandal

You might never have used the Land Registry, but if you have there’s a very good chance you were happy with the speed and quality of the service we provided.

Rob Hailstone June 1, 2016