Legal Services Consumer Panel calls for Referral Fees to be Revealed and Regulated – 26th May 2010
The Legal Services Consumer Panel has produced a report this morning calling for key changes to referral payment rules. Focusing on conveyancing and personal injury the report has found that nearly a quarter of consumers are referred to their lawyer but only 20% of solicitor firms in England and Wales having referral arrangements in place. […]
Purchase Mortgage Approvals Slightly Up, Remortgages Down – 26th May 2010
The British Bankers Association has reported that in April mortgage approvals for purchases have risen from just over 35,000 transactions in March to 35,729 mortgages per month, less than one additional transaction for every conveyancing firm in England and Wales. The figures are adjusted for seasonality. Clearly at a time when consumers were anticipating an […]