A major survey of 4,500 home movers has found that only 13% chose the conveyancer offering the cheapest fee. The survey also found that people were more likely to recommend their estate agent to friends than their conveyancer.
A third law firm has been fined by the Solicitors Regulation Authority for its involvement in a stamp duty avoidance scheme operated by Inventive Tax Strategies.
The Solicitors Regulation Authority has closed down a Manchester law firm, more than four months after banning its director from conveyancing and ordering him to go on a mortgage fraud and money laundering course.
The Law Society has failed in a bid to block a High Court action against it for negligent misrepresentation, after a bogus solicitor got himself listed on the society’s Find a Solicitor website and stole money from a house purchaser.
The Solicitors Compensation Fund could be hit by a new wave of property claims after a High Court ruling on two test cases relating to a buy-to-let scheme.
The Supreme Court has backed a law firm’s arguments that, following a breach of trust, it should have to pay in damages only the amount which the lender would have lost if the breach had not occurred.
Home Counties law firm B Legal failed in its duties to a purchaser of mortgage-backed securities, the High Court has held, in two of the four test cases it considered.
The Solicitors Disciplinary Tribunal (SDT) has struck off Nasir Ilyas, the last partner of North West firm Wolstenholmes to be disciplined for professional misconduct.
The House of Lords yesterday gave the final go-ahead for chartered legal executives and others with appropriate expertise to offer probate and conveyancing services without the supervision of solicitors.
Co-operative Legal Services (CLS) has announced that it is switching its volume conveyancing partner, from Blacks in Leeds to TCS in Cheshire. It said working with TCS “will allow us to broaden our offering for customers and members, and will increase the capacity of our service”.