Tag Results

ABS “engenders more entrepreneurialism” among conveyancers

Alternative business structures are far more likely to invest in their businesses than non-ABSs, research in the licensed conveyancer community has suggested. The survey provided an unprecedented snapshot of how this part of the legal market operates, including what it charges.

November 29th, 2016 | No Comments »

CLC set to resume narrowed litigation rights battle

The Council for Licensed Conveyancers is to continue its bid to regulate the conduct of litigation but will focus on property-related litigation, it has announced. Meanwhile, the regulator is to farm out its role as an education provider because of a “clear conflict”.

October 9th, 2013 | No Comments »

Call to end “double regulation” of conveyancers through CQS and lender criteria

The Law Society’s conveyancing quality scheme and lender-specific requirements amount to double regulation of lawyers and there needs to be a sector-wide effort to resolve the problem, the Council for Licensed Conveyancers has urged.

September 5th, 2013 | 2 Comments »

Conveyancers face new referral fee disclosure rules but no ban

The Legal Services Board has backed improvements to the transparency of referral fees paid by licensed conveyancers following a review that found absolutely no justification for a ban.

August 8th, 2013 | 1 Comment »

Licensed conveyancers support retaining referral fees

A ban on referral fees in conveyancing is unjustifiable, according to a narrow majority of respondents to a Council for Licensed Conveyancers consultation – but there was strong support for enhanced disclosure requirements.

April 30th, 2013 | 1 Comment »

Home-buyers have little interest in conveyancing from brand names, says survey

Just 8% of recent home-buyers would seek out a big brand such as the Co-op to handle their conveyancing the next time they move, a consumer survey has found as Conveyancing Association launched customer service ‘pledges’ that it says are a first for the industry.

December 14th, 2012 | No Comments »

Ombudsman warns of dangers of ABS conveyancing factories putting volume over service

Alternative business structures will create “conveyancing factories” that exert a downward pressure on prices and could lead to an upsurge in complaints because of a focus on volume over service, the Legal Ombudsman has warned.

December 11th, 2012 | 3 Comments »

Conveyancers reject Law Society call for referral fee ban

The Council for Licensed Conveyancers has rejected Law Society calls for a ban on referral fees in conveyancing, although it is proposing to increase the disclosure requirements on firms. It found “little evidence of significant detriment” to consumers.

December 10th, 2012 | 1 Comment »

ABS licence for top building society and estate agency

A volume conveyancing business owned by Britain’s fourth largest building society is targeting a move into other areas of legal services after receiving its alternative business structure (ABS) licence.

October 24th, 2012 | 1 Comment »

Law Society calls on Cable to broker long-term peace agreement with lenders

The Law Society has called on the government to lead a “mediated dialogue” with mortgage lenders to deliver “an amicable long-term solution” to the ongoing arguments over conveyancing panels. It has asked business secretary Vince Cable to intervene.

September 12th, 2012 | Comments Off on Law Society calls on Cable to broker long-term peace agreement with lenders