Free2Convey, which began as a free rival to failed conveyancing portal Veyo, is to formally launch to all conveyancers at the start of next month. Matt Lancaster, chair of Legal Software Suppliers Association, said the aim was to “create a trusted community”.
An ambitious new firm of licensed conveyancers has developed its own case-tracking app in a bid to become the biggest conveyancing business in the country. Managing director Simon Bath said the firm had funding from individual investors and private equity.
The managing director of a law firm involved in testing Veyo has described how the Law Society realised too late that it had “built something nobody wanted”. David Bridge said what was left of Veyo should be converted into a secure portal for conveyancers.
The Law Society “must be held to account” for the collapse of conveyancing portal Veyo, the founder of the Bold Legal Group has said. Rob Hailstone accused the society of “hiding the truth about its mismanagement”.
A Canadian law firm which runs offices inside Walmart supermarkets is planning to almost double in size next year, it has emerged. Mark Morris, co-founder of Axess Law, said the firm could potentially expand into the USA and the UK.
The demise of the Law Society and Mastek’s online conveyancing portal Veyo gives the “green light” to rival system Free2Convey, the chair of the Legal Software Suppliers Association has said. Matt Lancaster said Free2Convey could now become the “central conveyancing portal”.
The Law Society and Indian technology giant Mastek have decided to scrap online conveyancing portal Veyo, at a cost to the profession which has so far been confirmed at more than £3m but is likely to be much higher. The society said it was “deeply sorry” that conveyancers who had “waited patiently” for the product would not be able to use it.
Conveyancing solicitors acting for both sides must report crucial details to lenders, appeal judges rule
Solicitors acting for both sides in property transactions are under a duty to disclose crucial details to lenders, the Court of Appeal has ruled. They are not expected to act as a “detective or bloodhound”, but should report adverse “non-confidential information”.
Free2Convey, the free conveyancing portal developed by the Legal Software Suppliers Association, is to be available “in the next few weeks”, it has emerged. Julian Bryan, managing partner of Quill Pinpoint, said it would be ready before Veyo.
Separate representation for lenders and borrowers in conveyancing transactions “should be the norm”, a senior manager at insurer Zurich has said. Michael Blüthner Speight described the increased cost would be “minimal”.