It is now official! You pay less PI premiums if you are Lexcel qualified. The Law Society has announced that it has negotiated preferential rates for Lexcel accredited firms with a PI provider. The name Read More
The Nationwide House Price Index has been released for Quarter 2 for 2012, and it shows price falls for much of the country. Nine out of the thirteen UK regions saw annual price falls for Q2. Read More
Compliance, it is a crucial part of running a law firm and covers many different areas. There is so much that law firms have to implement and keep up to date, therefore it is Read More
In September 2012 Land Registry will launch a new e-document registration service (e-DRS) on Business Gateway. This will provide a faster and more cost-effective way to submit and receive applications electronically. The e-DRS system Read More
The Nationwide House Price Index for June shows that UK House prices fell by 0.6% compared with May. This represents an annual 1.5% fall in house prices. The current price of an average UK home Read More
The Land Registry has published its Annual Report and Accounts for the year 2011/12. The report highlights a solid year of performance against targets, the completion of major structural changes, responding to the needs of Read More
Introduction We welcome again solicitor Mr Anis Waiz who continues his critical review of recent case law. This case raises an interesting issue as to whether a party’s entitlement to use a car parking Read More
The Law Society has published its list of insurers and brokers who are accepting the PII composite form. The Society believes that a common proposal form will make life easier for its members during Read More
Newcastle firm Mincoffs have taken on a new team member to join their expanding residential conveyancing team after a successful year. The total conveyancing team has grown to five, with two new team members Read More
Halifax has announced the details of its valuation fee promise, which means that Halifax will refund valuation costs to mortgage applicants if their home purchase falls through, through no fault of their own. Read More
The Law Society is seeking industry-wide support from insurers and brokers as it takes its first steps towards a common PII proposal regime. It is asking brokers and insurers to use its professional indemnity Read More
The SRA has added an update to the guidance it issued last week following the technical issues experienced by NatWest and RBS Banks. The update is shown below: We are informed that banking systems Read More
In his regular blog, Chief Ombudsman Adam Sampson looks at why stakeholders are important to the Legal Ombudsman. The blog can be found here. Adam Sampson starts by defining what a stakeholder is. The Legal Read More
The Conveyancing Association last week listened to Paul Smee the Director General of the Council of Mortgage Lenders saying that Lenders should share information they collect from conveyancers in order to reduce the administrative burden Read More
The Council of Licensed Conveyancers (CLC) has issued its response to the consultation paper by the Legal Ombudsman ‘Review of the scheme rules and case fee structure’. The consultation proposes an extension to the Read More
The SRA published a fourth version of its Handbook on 21 June 2012. The new edition is the fourth in ten months. The changes in it relate to the SRA Handbook Glossary 2012 and the Authorisation Read More
Conveyancing workflow specialist OchreSoft has published a comprehensive white paper on cloud computing and its future role within the legal services market. Written by CTO Tony Kenyon, it seeks to define, in layman’s terms, Read More
The SRA has issued a warning on its website over an office operating as Grindrods Solicitors in Merseyside. The alert can be seen below: Information received by the SRA indicates that an office operating Read More
As NatWest and RBS Banks have experienced technical problems over the last two days there has been concern about how this will affect law firms. The SRA has today published guidance on its website Read More
Following from the technical issues being experienced by NatWest and RBS Banks, the CLC has today issued guidance for all licence holders undertaking transactions that may be affected. The guidance is set out below: Read More