Property
Leasehold extension specialist with “social aim” launches ABS
A business specialising in leasehold extensions has set up an alternative business structure to provide clients with a “one-stop shop” covering valuation, project management and legal advice.
Estate agents boss tells conveyancers to charge more
Conveyancers should charge more – or not pay referral fees – so they can reduce their workload and improve transaction times, the head of an estate agents body has argued.
Solicitor’s “blind spot” led to vulnerable client being defrauded
A very experienced solicitor who showed a “complete blind spot” with regard to his obligations to ‘know your client’ and recognise the risks of conveyancing fraud has been suspended for a year.
Regulator tells conveyancers to prepare for sharp work downturn
The Council for Licensed Conveyancers has issued a stark warning to the law firms it regulates to “stress test their businesses for resilience” to a fall of up to 40% in work volumes.
Tribunal clears conveyancer over allegations of AML dishonesty
A solicitor accused of not having a firm-wide anti-money laundering risk assessment in place and lying about it to the SRA, has been cleared by the Solicitors Disciplinary Tribunal.
CLC “making greater use of range of enforcement powers”
The Council for Licensed Conveyancers is making greater use of the range of its enforcement powers, rather than going straight to full disciplinary action, its chief executive has said.
Firm rebuked for acting on both sides of property transaction
A law firm which acted for both sides in a property transaction without obtaining their consent has been rebuked by the Solicitors Regulation Authority.
Time for government to mandate reform of home-buying process
The government needs to step in to mandate reforms that promise to revolutionise the home buying and selling process, while conveyancing fees have risen, a roundtable has heard.
More than half of conveyancing firms lack “digital maturity”
More than half of conveyancing firms (57%) lack “digital maturity”, a report has found, with one in five firms (22%) not accepting electronic signatures.
Incorrect precedent led to wrong ground rent advice for 115 clients
A solicitor who gave 115 clients the wrong advice about the ground rent provisions in the leases of properties they were buying – because of an incorrect precedent – has been fined £15,000.
Blog
The new metrics for success in conveyancing
While technology has made much of the conveyancing process faster, there remains a practical limit to how many matters anyone can manage while still keeping standards intact.
The UK legal market is polarising – and the middle is disappearing
Consolidation and the boutique boom are not contradictory. They are the same market stretching apart at both ends – and it changes what your firm is worth, and to whom.
Conveyancing’s consistency problem is about pressure, not skills
When I qualified, a conveyancer had perhaps 10 or 12 plates to keep spinning. Today’s conveyancers have 20 or 30, and almost none of the room for error I had starting out.
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