Scottish Law Society to review conveyancing
Scotland’s residential conveyancing practice is to be developed and enhanced by a working group set up by The Law Society of Scotland. The development was agreed on Friday 31st May with the intention of meeting the needs of 21st century home buyers. The review will look at the sale and purchase of homes in Scotland […]
SRA warns of the link between non-compliance and tough financial times
The Solicitors Regulation Authority has warned delegates at a conference about how good times for legal services are related to higher standards of compliance. The “Compliance and the role of COLP and COFA- six months on” conference in London warned that the tough economic climate facing law firms has in some cases created temptation to […]
15% increase in first-time buyers this April
April saw a 15% increase in the number of first-time buyer transactions since March according to reports from LSL Property Services. In April 22,000 first-time buyer transactions were recorded, up by 2,900 when compared to March. This increase is considered to be a result of the Funding for Lending Scheme which allows lenders to offer […]
SRA hold event explaining key authorisation application criteria for firms
On Tuesday 4th June, the SRA held an event in Birmingham that was aimed specifically at prospective firms seeking to gain authorisation from the SRA. The event ‘Getting authorised by the SRA: a step-by-step guide’ outlined the required criteria that the SRA would expect to see from applicants. Having recently reviewed the process and about […]