Property
Land Registry to publish law firms’ “avoidable” requisition rates
HM Land Registry is to publish data this autumn showing the number of avoidable requisitions it has to raise with every conveyancing firm.
Stamp duty deadline pushed conveyancing fees to “all-time high”
Conveyancing fees hit an “all-time high” in the first quarter of this year in the run-up to the stamp duty deadline, with the average figure up by almost 12% on the same period last year.
Conveyancers “should advise on liability from climate risks”
Solicitors should advise clients in property transactions on the potential liability they face from “climate risks”, the Law Society has said in new guidance.
Confusion reigns after property information guidance withdrawn
The withdrawal of the material information guidance for estate agents was met last week with a mixture of confusion, alarm and celebration by lawyers.
Law firm takes assignment of client’s claim after pay out
A law firm that paid out £750,000 to a buyer client over an error on a property transaction has taken assignment of its claim against the seller.
Jail for property solicitor who defrauded own firm of £160k
A long-serving property solicitor who defrauded a Hereford law firm out of £160,000 by diverting disbursement payments into her own bank account has been jailed for 30 months.
Court dismisses negligence claim against law firm over causation
A negligence claim against a well-known London law firm over erroneous information it gave to a client’s mortgage lender has been dismissed on the basis of causation.
Solicitor suspended for not disclosing own-interest conflict
A law firm owner has been suspended for not disclosing conflicts of interest to clients, including that his wife was a director of the property development company they were buying from.
Council fines law firm for breaking law in collecting rent for clients
The First-tier Tribunal has upheld an £8,400 fine imposed on a law firm for not belonging to a client money protection scheme while collecting rent for properties owned by clients.
“Fast conveyancing” firm meets accelerated target 80% of the time
A law firm that promises home movers “fast conveyancing” has told Legal Futures that it meets its targets for accelerated exchanges 80% of the time.