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Conveyancing and other property related news

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

SRA warns law firms about investment schemes

The SRA has repeated its warning to the profession about involvement in high-yield investment schemes.

Rob Hailstone September 22, 2016

‘Shambolic’ SRA criticised by tribunal LSG)

A case brought by the Solicitors Regulation Authority against a solicitor who used a client account as a banking facility has been described as at times ‘verging on the shambolic’.

Rob Hailstone September 21, 2016

Public opinion strongly against changes to rules governing solicitors

Proposed changes to the Solicitor Regulation Authority (SRA) handbook that would deprive clients of a string of key protections and create confusion for people seeking legal advice are likely to

Rob Hailstone September 21, 2016

Call for Chancellor to ditch Stamp Duty and transfer tax from buyer to seller (PIE)

Stamp Duty should be replaced by a seller’s tax – effectively meaning that it would transfer transaction tax costs from buyer to vendor.

Rob Hailstone September 21, 2016

Law Society survey finds 20% pay gap between male and female solicitors (LF)

A gender gap in salaries continues to dog the solicitors’ profession, with men earning on average almost a fifth more than women, according to an earnings survey conducted by the

Rob Hailstone September 21, 2016

City lays in to SRA over handbook changes (LSG)

City lawyers have published a scathing critique of the SRA’s plans to overhaul practising rules – while a respected compliance expert claims the proposals would open the door to criminals.

Rob Hailstone September 21, 2016

Estate agency fees contribute to higher average moving costs, says Lloyds (EAT)

Rising estate agency fees account for more almost half of the increase in average moving costs in the past year, according to new research.

Rob Hailstone September 20, 2016

Solicitors who “completely failed to carry out money laundering checks” is suspended (LF)

A former sole practitioner who “completely failed to carry out money laundering checks or prevent his client bank accounts from being misused”, and as a result saw hundreds of thousands

Rob Hailstone September 20, 2016

Tiuta International Ltd v De Villiers Surveyors Ltd [2016] EWCA Civ 661 (01 July 2016) (TC)

The professional indemnity insurance (PII) challenges facing valuers between 2008 and 2014 have largely been overcome and most property consultants should now be benefitting from stable, if not reducing, PI

Rob Hailstone September 19, 2016

“Lawyers turn to us anyway” – accountants lay claim to probate work (LF)

It would be less stressful and less expensive for clients to use their accountants for probate work than solicitors, one of the leading accountancy bodies has claimed.

Rob Hailstone September 19, 2016

‘Time to rethink’ on SRA handbook, says Chancery Lane (LSG)

Proposals to overhaul the SRA handbook are likely to be widely opposed by the public, an Ipsos-Mori survey commissioned by the Law Society suggests.

Rob Hailstone September 19, 2016

Buyers changing their minds at last minute still account for most fall-throughs (PIE)

Mortgage rates may have fallen to record lows, but that doesn’t mean it is any easier to get one, and this could be holding back transactions.

Rob Hailstone September 16, 2016

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