Property
Land Registry starts accepting qualified electronic signatures
HM Land Registry will now accept deeds signed with qualified electronic signatures and is encouraging lawyers and their clients to start using them.
Land Registry misses targets on tackling errors and productivity
HM Land Registry has missed the targets it set itself for reducing errors in new entries on the register and on productivity, according to its annual report.
Regulator to review conveyancers’ referral arrangements
Last week’s BBC Panorama programme on ‘conditional selling’ by estate agents has prompted the Council for Licensed Conveyancers to launch a review of referral arrangements.
Law Commission reform to aid conveyancers with chancel repair
The Law Commission is planning to take one burden off conveyancers’ shoulders by removing doubts about chancel repair liability and the need to take out insurance.
CMA action “would put upfront information back on property agenda”
It may take strong enforcement action by the Competition and Markets Authority to make the property sector realise that upfront material information remains a priority.
Paralegal rebuked for £1.85m payment error
A senior paralegal has been rebuked for wrongly requesting the release of at least £1.85m to a property developer which later went bust, leaving his law firm to repay buyers.
Solicitor tried to stop counterpart reporting breach of undertaking
A solicitor who breached an undertaking and then tried to stop his opposite number reporting him to the Solicitors Regulation Authority has been struck off.
Conveyancers launch own guidance to reduce enquiries
A grassroots initiative to reduce the number of unnecessary enquiries which can delay conveyancing transactions has gone live.
Law Society “pauses” work on material information form
The Law Society has “paused” work on a material information form for conveyancers, after National Trading Standards withdrew it guidance on the issue last month.
Clients must understand conveyancers’ climate change role
Conveyancers must make it “very clear” to clients whether or not they are taking on liability in checking for climate change issues, a director at a leading indemnity insurer has warned.
Conveyancing instructions up by a third as completion times fall
Conveyancing instructions rose by almost a third last year, while completion times fell, while seven out of 10 home buyers were more likely to choose a conveyancer that was 100% digital.
Investigation raises doubts about rigour of Law Society’s CQS
Seven in 10 law firms fined for anti-money laundering breaches in recent months have Conveyancing Quality Scheme accreditation, raising serious questions about how it is checked and enforced.
City partner “erroneously” paid out £2.2m to developer client
A partner at DWF has been fined £14,000 for wrongly approving £2.2m in payments to a developer which later went bust, leaving the firm to recompense out-of-pocket buyers.
Solicitor who worked for three firms at same time struck off
A locum solicitor whose timesheets claimed for the same time from two different firms – while employed full-time at a third – has been struck off.
Property lawyers attack “punitive” AML fining regime
The “punitive” fining regime for anti-money laundering rule breaches operated by the Solicitors Regulation Authority has left lawyers feeling “fearful”.
Blog
Amplifying reach through employee-driven thought leadership
Nine in 10 executives believe thought leadership is critical to building authority, yet only a quarter feel they have implemented a robust strategy.
Divorce escrow: asset sales before final settlement
When significant matrimonial assets are sold before a final financial order is agreed, holding the proceeds safely and neutrally can present real practical challenges.
AML lacks clarity – and standards are suffering
If firms are buckling under the pressure of AML regulations, subject to ever-increasing fines, then something is clearly not working as it should be.
