Bogus law firm issues increase
Following 7 alerts since the 8th February regarding bogus solicitors firms the Solicitors Regulation Authority has issued a warning notice that is of particular relevance to all conveyancers entitled “Bogus law firms and identity theft”. Due to the high levels of sums involved in conveyancing, conveyancers are at particular risk of inadvertently sending funds to […]
Stephensons reduces burden of gazumping
Stephensons Solicitors with offices across the North West has developed and launched a service to help home buyers mitigate the costs associated with gazumping. Stephensons are not only a CQS firm, they are also member of Quality Solicitors and very active in seeking to grow their business. Stephensons website says they will reimburse buyers […]
SLC to recognise the Search Code
The Society of Licensed Conveyancers (SLC) has announced that it will be recognising the Search Code and will be urging its members to only accept and commission searches from Code compliant subscribers, with immediate effect. Over recent weeks, the SLC has met with the Council of Property Search Organisations (CoPSO), owner of the Code, […]
Land Registry data confirms consolidation
Last week Land Registry produced the figures for those organisations that hold accounts with it showing their activity for March 2012. Information relating to applications for transfers for value (i.e. an approximation of purchase activity) shows a substantial year on year increase in the number of applications but a similarly large reduction in the number […]