Property
Property listing rules “will encourage earlier lawyer involvement”
New rules on the information that must be included in property listings will encourage sellers to instruct conveyancers earlier in the process, National Trading Standards has said.
Electronic signatures “largest area of change” for property industry
The use of electronic signatures has been the “single largest area of change” in technology for the property industry over the past 18 months, a survey has found.
Revolutionary Australian conveyancing platform to launch in the UK
Property Exchange Australia (PEXA), which processes 80% of conveyancing completions in Australia, has announced plans to launch in England and Wales this autumn.
“First collaborative conveyancing service” goes live
A pilot version of what its solicitor co-founder describes as the “first collaborative conveyancing service” has gone live. Eddie Goldsmith said it was about letting conveyancers “get on with the legal work”.
SRA outlines concerns over inadequate advice to leaseholders
The Solicitors Regulation Authority has spelt out its concerns that clients “are not receiving appropriate advice” on onerous clauses in leases, particularly around ground rents.
Government mulls estate agents’ disclosure of referral fees
The government is to sit down with National Trading Standards to consider whether stricter rules are needed to force estate agents to disclose that they have received referral fees from conveyancers.
Law firm that held deposits defeats claim over failed property development
Investors who lost money in a failed property development in Liverpool should sue their former solicitors rather than the law firm which held and paid out their deposits, the High Court has ruled.
Covid boosted conveyancing fees and role of ‘dabblers’
The pandemic and stamp duty holiday led to conveyancing fees going up sharply, while ‘dabblers’ played a vital role in supporting the market, an industry roundtable has heard.
Investors back conveyancing network and managed account provider
A blockchain network that connects conveyancers with estate agents and mortgage lenders and the company that provides third-party managed accounts for lawyers have both received new investment.
Conveyancing income on the rise at Simplify in pre-attack results
The Simplify conveyancing group saw its turnover from legal work increase by 3% to nearly £125m in its last financial year, which does not cover the recent cyber-attack.
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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