Property
Test shows ChatGPT still falling short in key areas, says conveyancer
The latest version of ChatGPT provides first-time buyers with better answers than it did two years ago but still falls short in crucial ways, conveyancing solicitors have warned.
Government awards £1.75m to conveyancing data projects
Two projects that aim to speed up the home-buying process have received £1.75m in government backing from the Regulators’ Pioneer Fund.
Reforms “will push conveyancing fees down by over 20%”
Conveyancing fees should fall by over 20% as a result of a streamlined process and other changes to the home-buying regime announced yesterday, the government has claimed.
Government unveils major home-buying reform plan
The government has unveiled a blueprint to reform the home-buying and selling system, including mandatory upfront property information and digitisation.
Solicitor fined for letting down clients over off-plan investments
A solicitor who failed to advise clients on the risks of off-plan, buyer-led investment schemes has been fined £17,000 by the Solicitors Regulation Authority.
Conveyancing fees “vary by 150% for the same service”
Conveyancing fees vary by 150% or more for “essentially the same service”, according to new research, with just 5% of firms offering different service levels.
High Court: Solicitor “turned blind eye” to money laundering concerns
A partner at a London law firm “dishonestly assisted” in misappropriating a company’s funds by turning a blind eye to money laundering issues raised by property transactions, the High Court has ruled.
“Tough winter ahead for conveyancers,” research warns
Conveyancers are set to experience a “sharp decline” in transaction volumes this year amid further consolidation in the market, new research has shown.
Judge heavily criticises solicitor whose client “did not exist”
A tribunal has heavily criticised a solicitor who acted for a woman the judge decided did not actually exist, in a bid to stop a property sale, in a case he described as “quite extraordinary”.
Centralised property data system needed to improve moving process
The government needs to ensure better up-front information and create a centralised property data system to improve the home-buying process, Santander argued yesterday.
Blog
The growing importance of higher limits in personal ATE
While the personal litigation market is undergoing a period of significant change as claims become more complex, much of the ATE insurance market has remained relatively static.
The profession can play a greater role in improving access to justice
In this, the third blog of my series, I focus on what lawyers in the UK can do to improve access to justice through greater professional stewardship.
Does AI work for conveyancers? We asked those on the front line
What is the view on AI from conveyancers themselves? Based on a Dye & Durham’s roundtable discussion on AI, the answer is: it depends.
Reports
Associates
