Firms face 10% PII hike – broker (LSG)
Solicitors in smaller firms face an increase of 10% or more in professional indemnity insurance premiums this year, according to a leading broker’s analysis of the market.
SRA silent over ‘fake’ bank law firm probe (LSG)
The Solicitors Regulation Authority has received complaints about individual in-house solicitors accused of involvement in sending letters purporting to be from independent law firms, as more banks admitted adopting the […]
Slowly and inefficiently is the only way to buy a home (EAT)
Having been involved in the business of home buying and selling for just over 40 years, I thought I had experienced all of the frustrations that one could. However, I did not […]
Important update: new official code on lettings is published (PIE)
A new code has been published for the private rented sector.
Lawyer shortage delaying house sales (LSG)
An acute and worsening shortage of conveyancers is putting the brakes on the housing market, according to a respected market bellwether.
Average basic salary for estate agents is £23,848 (PIE)
The average basic salary for those working in the UK residential property sector is £41,392.
Paralegal fined for taking client information (LSG)
Employees who take information about clients with them when they move jobs are committing a criminal offence, the information commissioner has warned solicitors after a paralegal was fined £300 yesterday.
Jailed solicitor struck off
A Birmingham solicitor currently serving five years in prison for property fraud offences has been struck off by the Solicitors Disciplinary Tribunal (SDT).
SRA sets out case for PII proposals
The Solicitors Regulation Authority (SRA) has reinforced its case for changes in its requirements for professional indemnity insurance in a letter to the LSB dated Friday, 5 September.
Former partners fined for ‘orderly wind-down’ failings (LSG)
Two former partners have each been fined £2,000 for not closing down their firm properly once insurance cover had run out.
Property Alert service proves popular in the fight against property fraud (EAT)
Six months on from the launch of Land Registry’s Property Alert service, more than 12,000 people have signed up to the free service which provides an early warning of suspicious […]
Legal Services Act heading for “knacker’s yard” (LF)
The “flaws and limitations” of the Legal Services Act are “all too apparent” and, as every year goes by, it is moving closer to “the regulatory equivalent of the knacker’s […]