Property

The Law Society’s failure to consult solicitors on key changes to conveyancing practice, most recently the revised TA6 form, risks a “revolt” by members, it has been warned.

Conveyancing fees are down by over a fifth in real terms from the peaks seen during the stamp duty holiday as the market has cooled, according to new research.

The three biggest mortgage lenders in the UK – Lloyds, Nationwide and NatWest – and property website Rightmove, have invested £10m in the digital property transaction business Coadjute.

MPs are to probe whether consumers have the information they need to choose a conveyancer as well as the role of referral fees, it was announced yesterday.

Home movers are generally happy with the service they received from their conveyancer – but a large proportion have little idea what they actually do, new research has found.

A conveyancer who forgot to put in place a declaration of trust on the ownership of a property in the rush to beat the stamp duty holiday deadline in 2021 has been rebuked.

A litigant in person who made a ‘without notice’ application to move property transactions to completion, blaming the other side’s solicitors for not replying to him, mislead the court.

City law firm BCLP has used generative artificial intelligence to develop a lease reporting tool which is being rolled out to UK clients this month.

The legal services market will continue to grow in 2024, hitting a turnover of £50bn with a “resilient” corporate law sector boosted by “stronger economic conditions” later in the year.

A Yorkshire alternative business structure founded in 2019 by a solicitor and non-lawyer has grown its turnover from £500,000 in year one to £7m as it expands its range of services.