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Conveyancing and other property related news

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

Buckland appointment ‘an insult to lawyers’ (LSG)

Robert Buckland’s appointment as solicitor general is an ‘insult to lawyers’, his Labour shadow said today, after it emerged Buckland had failed to tell the prime minister that he had

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Rob Hailstone July 21, 2014

‘Most buyers will be paying 3% Stamp Duty within two years’ (PIE)

The average home buyer will be saddled with a Stamp Duty bill of at least £7,500 within two years if house price inflation continues at its current pace, estate agency

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Rob Hailstone July 21, 2014

Does the User Clause in your Lease Breach Competition Law?

In April 2011, changes to UK competition law meant that leases and other land agreements became subject to the rules in Chapter I of the Competition Act 1998, which prohibit

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Rob Hailstone July 21, 2014

LSB attacks SRA’s “over-engineered” approach to MDPs and non-lawyer owners (LF)

The Legal Services Board (LSB) has attacked the Solicitors Regulation Authority (SRA) for having “over-engineered” its approach to regulating multi-disciplinary alternative business structures (ABSs) and to approving non-lawyer owners.

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Rob Hailstone July 21, 2014

Lloyds defends solicitor debt collection letters, saying: “Times have changed” (LF)

Views on transparency and clarity “have changed” since Lloyds Bank first started sending letters to debtors under the name of a solicitors’ firm, its group chief executive has told MPs.

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Rob Hailstone July 21, 2014

Nationwide warns firms tempted by lower cover (LSG)

One of the country’s biggest mortgage lenders has issued a warning to solicitor firms attracted by the proposed new mandatory minimum for professional indemnity insurance.  

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Rob Hailstone July 21, 2014

MPs grill Lloyds executive over ‘law firm’ debt letters (LSG)

MPs today lambasted a banking chief over ‘sham’ letters to lenders that purported to be from a solicitor’s firm.

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Rob Hailstone July 18, 2014

‘Accountants have £500,000 indemnity limit, so why can’t we?’ SRA asks LSB (LF)

The Solicitors Regulation Authority (SRA) has reminded the Legal Services Board (LSB) of its decision to allow accountancy firms wanting to carry out legal work to have minimum indemnity insurance

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Rob Hailstone July 18, 2014

Third of solicitors make errors when asking anti-fraud authority for consent to act (LF)

A third of suspicious activity reports (SARs) submitted by solicitors seeking consent to continue working on a matter do not contain enough information on which to make a decision, the

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Rob Hailstone July 18, 2014

Solicitor suspended for boiler-room scam involvement

A solicitor involved in boiler-room scams has been suspended from practising for 18 months by the Solicitors Disciplinary Tribunal (SDT).

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Rob Hailstone July 18, 2014

Bill introduced to abolish chancel repair liability (LSG)

A bill to abolish chancel repair liability has been successfully introduced into the House of Lords.  

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Rob Hailstone July 18, 2014

Internet overtakes friends and family as main way to find a solicitor (LF)

Clients are significantly more likely to find a solicitor through the internet than by asking friends or family, a major study of over 2,000 people has found.

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Rob Hailstone July 17, 2014
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