Property


Take advantage of upfront information reform, conveyancers urged

1 July 2022

Conveyancers have been urged to embrace the opportunities offered by new rules on the information that must be included in property listings.


Estate agents “discriminating” because of conveyancers’ referral fees

29 June 2022

There are “too many instances” of estate agents only allowing potential buyers to view a property or make an offer if they use a recommended conveyancer and other service providers.


Solicitor who let one mistake “snowball” fined by tribunal

22 June 2022

A solicitor who let one mistake on a property sale snowball so that it affected multiple transactions in a portfolio has been fined £10,000 – even though he preferred to be struck off.


Conveyancing boom brings hundreds of firms back into market

8 June 2022

Conveyancers enjoyed their busiest year on record in 2021/22 – and hundreds of law firms came back into the market – with the average practice seeing a 60% rise in transactions.


Property search merger “lessens competition”, CMA says

19 May 2022

The merger of two of the four big property search providers “substantially lessens competition” and the only remedy would be to break up the business, the CMA has provisionally found.


Solicitor who caused 25 claims on compensation fund struck off

12 May 2022

The Solicitors Disciplinary Tribunal has struck off a solicitor whose conduct has led to 25 claims on the SRA Compensation Fund totalling £750,000 from conveyancing clients.


Conveyancing firms “must apply” for PII two months before deadline

25 April 2022

Firms of licensed conveyancers will have to apply for professional indemnity insurance two months ahead of the renewal deadline and in return will receive a response within four weeks.


Law firm makes seven-figure investment in proptech business

14 April 2022

Consumer law firm Taylor Rose MW has made a “seven-figure investment” in a proptech business which helps home movers change addresses, while PEXA is gearing up for its UK launch.


Conveyancers “should be able to use” IDs checked by estate agents

5 April 2022

Conveyancers should be able to rely on digital IDs checked by estate agents and vice versa, the head of the Home Buying and Selling Group’s upfront information sub-group has said.


Property listing rules “will encourage earlier lawyer involvement”

14 March 2022

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

16 February 2022

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

15 February 2022

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

10 February 2022

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

4 February 2022

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

3 February 2022

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.

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Blog


A new route to practice rights for chartered legal executives

Following approval from the Legal Services Board in May 2022, CILEx Regulation has launched an alternative route for chartered legal executives to obtain independent practice rights.


NFTs, the courts and the role of injunctions

In May, news broke that a non-fungible token was the subject of a successful injunction made by the Singapore High Court. The NFT in question is part of the very valuable Bored Ape Yacht Club series.


Matthew Pascall

Low-value commercial cases – an achievable challenge for ATE insurers

There are many good claims brought for damages that are likely to be significantly less than twice the cost of bringing the claim. These cases present a real challenge for insurers.


Reports


Report Cover
When talking about legal aid and access to justice, it is hard to look beyond funding. Even the Ministry of Justice has acknowledged the problem, to judge by its agreement to pump an extra £135m into the criminal legal aid… Read More