Month: August 2011

Conveyancing

High Speed 2 blight – new conveyaning search to aid

Every now and again a new risk to conveyancers emerges that require a change in the way risk is managed.  Examples include the development of environmental searches and also chancel enquiries.  Surprisingly many conveyancers still avoid doing these searches despite warning cards and case law.  Such cases can and do give rise to negligence claims. […]Read More

Conveyancing

Licensed Conveyancer speaks out against CML for favouring solicitor practices.

Countrywide’s Nigel Stockton last week criticised the lack of context that accompanied the issue of CML circular 2531, listing the firms that have been accredited under the Law Society CQS scheme. The circular highlighted the benefits of the CQS without explaining why Licensed Conveyancers could not be accredited.  This leaves readers to potentially misunderstand that […]Read More

Conveyancing

CLC appoint new insurance broker

City of London based Prime Professions have been appointed as the new brokers for the Council for Licensed Conveyancers’ (CLC) Master Policy Scheme following a formal tender. The specialist professional indemnity insurance (PII) broker will provide a service team headed up by directors Robin Bayly and Martin Ellis, experienced professionals with several decades of experience […]Read More

Conveyancing

Lunchtime; fast food, fast law?

Louise Humphries Associate of Cowling Swift & Kitchin Solicitors in York has written this conveyancing article to balance the views that change in the legal profession is always good and she advocates that many of the longstanding values of the profession are the key to its success. “Before I even begin this article, please accept […]Read More

Compliance Conveyancing

Solicitors Regulation Authority to close ARP loophole

According to The Insurance Times, the Solicitors Regulation Authority (SRA) have scrapped their recently redrafted version of the Qualifying Insurers’ Agreement for Professional Indemnity Insurance following complaints that some insurers were unfairly “under-declaring” Assigned Risks Pool (ARP) contributions. If a solicitors firm is unable to obtain insurance in the open market they are, for a […]Read More

Conveyancing

Marsh says small law firms face another challenging PI renewal

Whilst many professional indemnity insurance companies are running for the hills when it comes to small solicitor firms Marsh believes it has identified and partnered with two that want to insure them. Marsh has issued a statement saying “Small legal practices are bracing themselves for another challenging renewal season for solicitors’ professional indemnity (PI) insurance, […]Read More

Conveyancing

Redemption and Apportionment of Rentcharges

The Department of Communities and Local Government has produced two leaflets on rent charges and the Rentcharges Act 1977 which will be of interest to conveyancers. Since 1977 the Rentcharges Act has limited the creation of new rentcharges and will cause most rentcharges to be automatically extinguished in 2037, but until then existing rentcharges can […]Read More

Conveyancing

A sneak view into Chancery Lane

Often solicitors complain about the Law Society policy or procedures.  A reasonble response is that if it matters that much to you go and get involved and make a difference. Richard Barnett has for the last four years been involved and has been trying to make a difference.  At the end of his term as […]Read More

Conveyancing

Conveyancing expert promoted to Partner at Optima Legal

Senior Supervising Solicitor for Optima Legal’s Newcastle and Bradford offices, Paul Mason, has recently been promoted to Partner. Having joined the firm in 2009 Paul, who has in excess of 20 years experience specialising in residential property work, had his role extended to Senior Supervising Solicitor of both the Bradford and Newcastle offices in 2011, […]Read More

Conveyancing

Pessimism surrounds housing market

The latest RICS UK Housing Market survey, released today, reports that housing market activity remained stagnant in July and house prices dipped further. There was a slight improvement on June’s net balance of -26 as 22 per cent more chartered surveyors reported price falls in July, giving a -22 reading.  These figures have now remained […]Read More

Conveyancing

Optima win ‘Best Legal Services Provider’

Optima Legal have won the ‘What Mortgage’ award for ‘Best Legal Services Provider’, having been nominated alongside Legal Move, Rose & Rose Solicitors, and 1st Property Lawyers. What Mortgage is a monthly mortgage magazine whose ethos is to help consumers by giving them as much information as possible when it comes to home buying decisions, […]Read More

Conveyancing

Chartis UK to withdraw from new solicitors’ PI business

The Professional Indemnity Insurance (PII) renewal date is fast approaching and Chartis UK, a leading provider of Professional Indemnity Insurance, announce that they will not be writing new business in this sector. Chartis, amongst other insurers, recently criticised the Solicitors’ Regulation Authority’s (SRA) strategy for reforming the Assigned Risk Pool (ARP) and cite this as […]Read More

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