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Conveyancing and other property related news

All the latest news and updates from the conveyancing and property world

Agents warned that new anti-money laundering requirements drawing nearer (PIE)

The 4th Money Laundering Directive is due to become law from June 26. Estate Agents are reminded that the clock is ticking towards a new anti-money laundering regime that will

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Rob Hailstone March 9, 2017

SRA closes board meetings to public (LSG)

The Solicitors Regulation Authority has confirmed that it will no longer allow the public to attend board meetings.

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Rob Hailstone March 9, 2017

Nearly 500 law firms targeted by fraudsters in new email scam (LSG)

Scammers have attempted to infiltrate the IT systems of hundreds of firms, the Solicitors Regulation Authority has reported.

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Rob Hailstone March 9, 2017

Appeal court sends £4m solicitors’ negligence claim to trial (LF)

The Court of Appeal has overturned a ruling that gave a national law firm summary judgment in a case alleging that its negligence had caused a company to lose a

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Rob Hailstone March 8, 2017

Regulator told PII reforms must not threaten trust in legal profession (LSG)

The Law Society and SRA were on opposing sides in 2014 when the SRA last tried to reduce minimum cover from £2m to £500,000. On that occasion, the plans were

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Rob Hailstone March 8, 2017

Law Society attacks SRA’s “limited” indemnity insurance research, including failure to consider cybercrime (LF)

Research by the Solicitors Regulation Authority to support its plans to reform indemnity insurance has “clear limitations”, ignoring the recent increase in claims related to cybercrime among other failures, the

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Rob Hailstone March 8, 2017

Report Brands New Homes in England as Unaffordable and of Poor Quality (IC)

The current system of house building in England is failing families by producing high priced and poor quality homes that eight in 10 families cannot afford, a new report claims.

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Rob Hailstone March 7, 2017

Conveyancing Association Publish Consumer Guide to Lease Administration Fees (IC)

The Conveyancing Association, the leading trade body for the conveyancing industry, has today (6th March 2017) published its guide for consumers on leasehold property, specifically outlining the fees and charges

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Rob Hailstone March 7, 2017

Stamp Duty: another leading agent wants it to be a seller’s tax (EAT)

Jeremy Leaf, the north London estate agent and former RICS residential chairman, is the latest industry figure to call for the government to consider levying stamp duty on sellers rather

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Rob Hailstone March 6, 2017

Solicitors urged to alert SRA to criminal charges (TC)

The SRA have recently urged solicitors to adhere to Part 4 of the Practising Regulations, following increasing media reports of solicitors being charged or convicted of crimes.

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Rob Hailstone March 6, 2017

Just 10% of people with legal problems turn to a solicitor, major research finds (LF)

Only 10% of people with legal problems use a solicitor, and often only after approaching other sources of advice first, major government research has revealed.

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Rob Hailstone March 6, 2017

Fear that probate fees rise could be ‘a new inheritance tax’ (EAT)

Ministry of Justice probate fee changes coming into effect this spring will affect all individuals inheriting an estate worth more than £50,000 – and those inheriting estates worth over £2m

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Rob Hailstone March 3, 2017
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