Local authority searches – swinging like a pendulum
Local authority searches have long been debated and there is now fierce competition between private search companies and councils over price, turnaround times and data quality. Whilst such competition should benefit the consumer, with the housing market at an historical low and many conveyancers struggling to make ends meet, Alan Thorogood, CEO of STL Group […]
SRA to review approach to Conveyancing
Legal Futures has reported that the SRA is considering significant changes which may impact conveyancers. Specifically in respect of the holding of mortgage advances and insurance renewals. In July 2010, the SRA commissioned Charles River Associates (CRA) to undertake a “root and branch” review of the current financial protection arrangements and in particular to look […]
New service to avoid negligence claims for updates to CML Part II
Conveycentric and Landmark have issued the following press release which we think our readers will value reading in its full form. Insurance-backed search available from the CML website provides solicitors with immediate access to Handbook updates Conveycentric has joined forces with Landmark Information Group and its Quest business, and theCML to launch the new LENDERmonitor […]
SRA propose changes to PII
The SRA has announced that it is proposing to remove the single renewal date for Professional Indemnity Insurance (PII) for firms from October 2011. This means that firms would be able to renew cover at any time of the year. These changes, and other longer-term proposals, are set out in a consultation paper, which follows […]