Property

A property partner who failed to undertake proper anti-money laundering checks on a client involved in a “substantial fraud” has been fined £27,500.

A CILEX lawyer who misled her lender client so as to complete a residential property transaction has been made subject to a control order by the SRA.

A judge has refused a lender’s application for summary judgment against a law firm in a case involving an “imposter who appears to have fraudulently deceived” both of them.

A well-known Shropshire law firm was negligent in the order agreements for a property development joint venture were signed, allowing one side to pull out, the High Court has found.

A tribunal has more than halved the fees charged by a leading law firm for advice on the forced sale of a property affected by HS2.

A solicitor who acted for lenders in conveyancing transactions without telling them he was also acting for himself and family members has been fined £12,500.

Conveyancers spend approaching half of their working day chasing other stakeholders or being chased by them, a report has found.

Conveyancers’ failures to get names right in applications to HM Land Registry is costing them up to £3.6m a year in fee-earner time to correct, the agency has estimated.

Almost half of conveyancing firms do not have pricing policies which are “clearly defined, understood, communicated and adhered to” all the time.

PEXA, the Australian conveyancing technology giant now operating in the UK, has launched an initiative in West Yorkshire to redesign the home-buying and selling process.