Property
Tribunal halves law firm’s fees on HS2 house sale
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.
Fine for conveyancer who acted for lenders and himself
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 nearly half their time chasing people
Conveyancers spend approaching half of their working day chasing other stakeholders or being chased by them, a report has found.
Simple errors in Land Registry applications cost conveyancers £19m
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.
Many conveyancing firms “do not have clear pricing policies”
Almost half of conveyancing firms do not have pricing policies which are “clearly defined, understood, communicated and adhered to” all the time.
PEXA launches initiative to redesign conveyancing process
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.
Woman sentenced for allowing use of account in conveyancing fraud
A woman who allowed her bank account to be used in a conveyancing fraud has been given an 18-month suspended jail sentence.
Solicitors fined £30k for letting down property clients
Two solicitors have been fined more than £30,000 between them for not considering conflicts of interest and not acting in clients’ best interests.
Solicitor fined third of annual income for breach of undertaking
A solicitor who paid out money he was holding, having given an undertaking not to do so, has been fined a third of his annual income by the Solicitors Regulation Authority.
Seven in 10 homeowners satisfied with their conveyancers
Seven in 10 homeowners were satisfied with their conveyancer but levels of service have deteriorated in the last five years, according to new research.
Blog
Why good governance matters when managing Law Society forms
Everyday legal transactions rely on Law Society forms. But they are often treated as static templates rather than what they really are: living documents that change over time.
A letter from the SRA? Your first reaction matters
An email from the SRA has a way of rearranging a working day. It arrives in the same inbox as everything else, often in the same measured tone, yet it carries a different weight.
Regulate sole practices on evidence, not turnover
For a sole practice, the SRA’s plan that I cannot hold a compliance role if my firm has more than £600,000 of turnover is not a measure of risk. It is a ceiling on growth.
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