Property
Suspension for solicitor who acted on both sides of transaction
A solicitor has been suspended over a “dereliction of duty” that saw him act on both sides of the transfer of an elderly and vulnerable client’s sole residence to a neighbour for nil consideration.
Third-party managed account first for licensed conveyancers
The Council for Licensed Conveyancers has issued its first approval for a law firm to use a third-party managed account for its client funds.
CLC issues warning not to slack off on post-completion work
The term ‘post-completion’ can encourage conveyancers to see applications to HM Land Registry as an afterthought, especially as they are done after collecting the fee, the CLC has warned.
High Court concerned by solicitors’ “fishy” role in possession case
The High Court has highlighted the “fishy” role of two solicitors in a housing possession case in what “looks like a stitch-up” of the occupant by her ex-husband.
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.
Blog
From AI ambition to operational reality
AI is no longer an emerging technology on the horizon. It has become the connective tissue binding law, regulation, risk and commercial decision-making.
From text to world: The legal significance of multimodal AI
The next phase of AI, already underway, will integrate text with vision, sound, motion and even touch. This will produce systems that no longer ‘read about’ the world but perceive it.
The new leaders of law
Where once many law firm owners remained technology sceptics, a growing number are now shaped by leaders who are digitally fluent and commercially oriented.
