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 […]
Client Account Interest Ruled Out of Legal Aid Budget
The Ministry of Justice has decided not to pursue plans to use the interest generated from firms’ client accounts to help fund the legal aid budget. This decision particularly impacts on conveyancers as why should a conveyancer pay for a legal aid matter? The Law Society’s proposal that firms have already been using the interest […]