Month: June 2011

Conveyancing

Localism: Community Empowerment or the new synonym for NIMBYism.

The Localism Bill remains instrumental to the Coalition Government’s “Big Society” Agenda. Taken at face-value, it amounts to more dialogue with communities at the earliest opportunity in order to help them shape plans for their neighbourhoods. The Localism Bill spans 510 pages, 215 clauses and 25 schedules, but as yet, its significance and potential is […]Read More

Conveyancing

Pannone LLP launches connect2searches

Pannone LLP has launched connect2searches, a conveyancing report ordering website, for Connect2Law.  It will allow all conveyancing searches to be accessed from one place. Pannone LLP founded Connect2Law which is described on its website as being ‘The UK’s leading legal referral and support network, operated by law firms for law firms.’  Connect2Law allows firms to […]Read More

Conveyancing

Separate Representation CML Instructions Consultation.

We all know that separate representation is the process when the borrower and lender are legally represented by different conveyancers.   Over time different firms of solicitors acting for lenders have adopted various processes and demands on the borrower conveyancer to confirm that the lender is adequately protected. The CML has said “Separate representation is […]Read More

Conveyancing

Moving With the Times now CPD accredited

Today’s Conveyancer is pleased to announce that the ‘Moving With the Times’ conference taking place on 7th September has received CPD accreditation.  We are now approved by both the Solicitors Regulation Authority and the Council for Licensed Conveyancers to issue CPD points for Solicitors and Licensed Conveyancers attending the conference.  A total of 5 CPD […]Read More

Conveyancing

Preliminary contracts – a good or bad idea?

We recently ran a story regarding the E-Homebuying Forum’s roundtable event which debated the introduction of preliminary contracts as a standard procedure — following a poll of our readers, in which 76 per cent were against the idea of preliminary contracts, Tom Parker, Chairman of E-Homebuying Forum, had this to say: “It is interesting to […]Read More

Conveyancing

CQS publicity campaign well underway

The Law Society’s publicity campaign for the Conveyancing Quality Scheme (CQS) appears to be going strong, outstripping all other Law Society news during April and May. The campaign, which has been running since Easter, has already seen 2,262 click throughs to ‘Find a CQS member’ on pay per click (PPC). With the advert appearing over […]Read More

Conveyancing

New service offered by Trethowans

The residential property team at Trethowans, a law firm with offices in Southampton and Salisbury, is offering a Deeds checking service for just £99.00 plus VAT.  The team will: – Check title deeds for any obvious errors – Predict the likely buyer enquiries – Advise on paperwork that the seller needs in place in order […]Read More

Conveyancing

FSA mortgage fraud report impact on conveyancing panels.

A number of commentators were saying before the report was published that it would clearly indicate fraud associated with conveyancing would be a major risk and that lenders would need to further reduce panel sizes.  But the report focuses on other areas indicating: “Many lenders identified third parties such as solicitors, brokers and valuers as […]Read More

Conveyancing

Home owners face mortgage porting issues

As if it’s not currently hard enough in the housing market lenders appear to be making things a little bit harder to keep things moving.  The Financial Ombudsman Service has received a growing number of complaints from customers who have been unable to transfer their current mortgage to a new property. Typically if a home […]Read More

Conveyancing

SRA publish draft supervision and enforcement strategy for conveyancers

A draft supervision and enforcement strategy for conveyancers, published on the Solicitors Regulation Authority (SRA) website, will, as well as running alongside the overarching enforcement strategy, detail the way in which the SRA will engage with firms who undertake conveyancing work.  The strategy aims to help both consumers and the profession understand what the SRA’s […]Read More

Conveyancing

New Title Insurance policy available for home buyers

Home buyers, and lenders if the property is mortgaged, can now receive valuable protection against such risks as mortgage fraud, boundary disputes and other unforeseen risks associated with the purchase of a property. Countrywide Legal Indemnities, based in Norwich, have recently announced the arrival of Secure Conveyancing Insurance Policy (SCIP).  The policy will provide protection […]Read More

Conveyancing

Fall in remortgage approvals for April

According to figures released by the Council of Mortgage Lenders (CML), remortgage lending for April dropped 28 per cent when compared to the figures for March 2011, with around 24,000 remortgage loans being advanced.  Despite this substantial drop remortgage lending is up 1 per cent on the same period last year. Remortgage lending has seen […]Read More

Conveyancing

Should a register of private landlords be established?

Phil Wilson, a Labour MP in Sedgefield, presented a new bill to the commons on Tuesday, Private Landlords (Register and Duties), commenting that “regulation of the private sector is needed to stop vulnerable families from being exploited”. The new bill proposes that the sector requires to be ‘professionalised’ in order that landlords do not let […]Read More

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