Property
MP urges government to raise conveyancing standards
A Conservative MP has urged the government to establish “minimum standards regarding searches and assessments of risk” by residential conveyancers.
LeO warns over emerging trend of holiday sickness complaints
The Legal Ombudsman has warned law firms against making holiday sickness claims without “verifying the version of events” obtained by claims management companies as complaints rise.
Law Society conveyancing scheme a “barrier to competition”
The Law Society’s Conveyancing Quality Scheme is a “market barrier”, blocking entry to non-solicitor law firms, the Competition and Markets Authority has been told.
Report calls for disclosure, not ban, of estate agent referral fees
The much-anticipated report from National Trading Standards on estate agents charging referral fees has not recommended banning the practice, calling instead for mandatory disclosure.
Property industry urges sellers to instruct lawyers from the start
Conveyancers, estate agents, surveyors and others have signed up to an ‘industry pledge’ that urges sellers to instruct a lawyer before, or at the same time as, they put their property on the market.
Convicted conveyancer struck off for facilitiating mortgage fraud
A conveyancer who recklessly facilitated a mortgage fraud before being convicted of three money laundering offences and then failing to surrender to bail has been struck off.
Second summary judgment issued against firm in three months
The High Court has issued a second summary judgment ruling against EAD Solicitors arising from the alleged fraudulent activities of a businessman in collusion with a former partner of the Liverpool law firm.
Solicitor under-declared sale prices to pocket stamp duty
A solicitor who falsified returns to HM Revenue & Customs so as to underpay stamp duty land tax and pocket the difference in a bid to keep his firm afloat has been struck off.
Conveyancing paralegal banned for trying to cover up mistake
A conveyancing paralegal who tried to cover up her mistake in not sending an updated plan to the buyers’ solicitor has been banned from working in the profession.
Land Registry embraces ‘witnessed electronic signatures’
The last strict requirement to print and sign a paper document in a property transaction was removed today as HM Land Registry began accepting ‘witnessed electronic signatures’.
Blog
Client account interest is not spare change
The proposed Interest on Lawyers’ Client Accounts scheme is being framed as a sensible, international, “tried and tested” way for the profession to help fund a justice system under strain.
The formula for finance-enabled business development
Client concentration or over-dependence now counts as a top strategic risk for 26% of firms. Cross-selling is an antidote – a way to bolster revenue resilience without relying on client acquisition.
Whistleblowing guidance for in-house lawyers – a call to arms
In-house lawyers are in a unique position to spot wrongdoing. But reporting it is not just potentially dangerous from a personal point of view.
