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Conveyancing and other property related news

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

Solicitors’ mistakes costing indemnity insurers £200m a year (LF)

Solicitors’ professional indemnity insurers paid out around £2bn due to negligence claims in the 10 years to 2014, startling new figures released yesterday by the Solicitors Regulation Authority revealed.

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Rob Hailstone October 21, 2016

SRA armed with data in preparation for new PII battle (LSG)

Regulators will try again in 2017 with proposals to reform minimum terms for solicitors’ professional indemnity insurance.

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Rob Hailstone October 21, 2016

Law firms will not be forced to publish prices at this stage: SRA (LSG)

The Solicitors Regulation Authority has backed away from forcing firms to publish price information.

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Rob Hailstone October 21, 2016

Solicitor fined after giving fraudster ‘inappropriate influence’ in firm (LSG)

A solicitor has been fined £10,000 and banned from owning his own firm after a tribunal hearing revealed he gave a convicted fraudster an ‘inappropriate level of influence’ in running

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Rob Hailstone October 20, 2016

Government’s response on anti-money laundering consent regime welcomed

The government’s decision to retain the anti-money laundering consent regime will come as a relief to solicitors who were potentially facing an unjustified removal of legal cover for meeting their

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Rob Hailstone October 19, 2016

Dezrezlegal to offer streamlined conveyancing through new partnership development (TC)

A Welsh-based property services company aims to speed up the house buying process by creating new partnerships with a surveying company, as well as a buildings and content insurance provider.

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Rob Hailstone October 19, 2016

SRA makes (full) direct independence plea to government (LF)

The Solicitors Regulation Authority has made a direct plea to government to use next month’s Autumn Statement to make good on the plan announced last year to grant it full

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Rob Hailstone October 19, 2016

law tech ‘disrupters’ gather at landmark London event (LSG)

A new co-working space for legal tech innovators was launched recently at the Legal Geek conference in London’s Shoreditch.

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Rob Hailstone October 19, 2016

Solicitor and consumer opinion contributes to Law Society’s SRA proposal response (TC)

In response to the Solicitor’s Regulation Authority consultation, the Law Society have published their own report based on their surveys of both consumers and Society members.

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Rob Hailstone October 18, 2016

Lloyds Banking Group follows Barclays’ lead in cutting panel numbers (LSG)

Lloyds is the latest banking giant to take an axe to its legal panel, slashing the number of firms from 10 to eight.

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Rob Hailstone October 14, 2016

Breaking consumer warnings of property fraud (TC)

The latest episode of Rip Off Britain aired live on BBC this yesterday sheds fresh light to consumers on email scams within property transactions.

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Rob Hailstone October 13, 2016

Societies cautious on SDLT proposals (LSG)

The Law Society and City of London Law Society have broadly welcomed to proposals to reduce payment windows for stamp duty land tax – but have warned that errors could

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Rob Hailstone October 13, 2016
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