Property


Another non-legal acquisition for Gateley with £6m surveying firm

3 August 2023

Listed law firm Gateley has increased its non-legal professional capabilities by spending £6m on an East Midlands chartered surveyors practice, while also setting up a collective actions practice.


CLC warns conveyancers over breaching undertakings

2 August 2023

The Council for Licensed Conveyancers has received “too many complaints” about some of the practices it regulates breaching undertakings.


Law Society presses lenders for more Building Safety Act changes

25 July 2023

The Law Society is pushing for more changes to the building safety provisions in the UK Finance Mortgage Lenders’ Handbook after one was made last week.


Large North-West conveyancing practice to close doors on Friday

29 June 2023

A large conveyancing firm in the North-West is to close its doors on Friday, with its two directors taking some staff to join the practice owned by listed company Smoove.


Estate agents back higher conveyancing fees for quicker sales

26 June 2023

Estate agents would “absolutely, categorically” accept conveyancers increasing their fees if it meant speeding up the process, an industry leader said last week.


Conveyancers “refusing to handle high-rise transactions”

23 May 2023

Conveyancing firms are refusing to handle transactions involving flats in blocks with five or more storeys because of concerns about their liabilities under the Building Safety Act 2022.


Cyber-attack cost conveyancing giant £7m plus lost business

5 May 2023

The November 2021 cyber-attack on the Simplify Group – the country’s largest conveyancing business – cost it £6.8m and also suppressed fee income, its annual report has shown.


Australian giant eyes further expansion in UK conveyancing market

26 April 2023

PEXA, the Australian conveyancing technology giant that last year bought a UK law firm, could expand its operation here yet further by acquiring listed company Smoove, which also owns one.


All-digital trial sounds death knell for paper-based conveyancing

20 April 2023

A project to build a digital settlement prototype that speeds up payments in conveyancing by linking banks, conveyancers and HM Land Registry has ended successfully.


Partner suspended for trying to “trick” farmer out of tenancy

5 April 2023

A partner in a large Midlands law firm, who tried to “trick” an elderly farmer out of part of his protected tenancy in the way he sent notices to quit, has been suspended for a year.


Home sellers “would pay more for faster conveyancing”

5 April 2023

Almost nine in 10 vendors would pay more to have a faster conveyancing process, new research has revealed. as we report too on the latest BASPI iteration and proptech investment.


High Court: Losses too remote for claim against law firm

28 March 2023

A law firm has successfully fought off a former client’s bid to broaden a multi-million-pound negligence claim after the High Court found the losses too remote to be recoverable.


Reserved activities set to stay as they are for now

21 March 2023

A full review of the reserved legal activities is not justified at the moment without a “fundamental” reappraisal of the Legal Services Act too, the Legal Services Board has concluded.


Conveyancers fined £33,000 for complaints and accounts breaches

21 March 2023

A large firm of licensed conveyancers and its senior partners have been reprimanded and fined £33,000 after a Covid-related work surge overwhelmed its ability to handle complaints.


Negligence claim over law firm’s ground rent advice dismissed

17 March 2023

A circuit judge has dismissed a negligence claim over a London law firm’s alleged failure to give a client proper advice on a how much the ground rent would increase under a lease.

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