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War of words between solicitors and lenders over separate representation
A war of words has broken out between the Law Society of Scotland and Council of Mortgage Lenders over the former’s decision to ban joint representation of borrower and lender, subject to formal rule changes later this year.
Law Society calls on Cable to broker long-term peace agreement with lenders
The Law Society has called on the government to lead a “mediated dialogue” with mortgage lenders to deliver “an amicable long-term solution” to the ongoing arguments over conveyancing panels. It has asked business secretary Vince Cable to intervene.
In brief: ABS-in-waiting unveils strong results, barrister libel ruling, and much more
Our latest news round-up reports on big turnover and profit increases at Quindell, a High Court ruling on the absolute privilege of correspondence with a regulator, new equality rules for chambers and much more.
