Book Review: Conveyancing Handbook
The invaluable Conveyancing Handbook has been updated and is now in its 20th Edition. Once again Frances Silverman and her team have produced an excellent piece of work. The book is useful not only for essential guidance for conveyancers, but also as a measure of good practice when things go wrong. However busy you may […]
Gross mortgage lending continues to grow
Gross UK mortgage lending in July was 29% up from last July, and 12% from June, taking the total to £16.7 billion. The Council of Mortgage Lenders figures showed total home-owner house purchase lending continued to grow with 57,400 house purchase loans advanced in July, an increase of 9% on June and up by 21% […]
Berliner PII cover uncertainty
Firms who took out Professional Indemnity cover with firm Berliner should have received notification that there is uncertainty as to their cover for the forthcoming year. Berliner took over clients from troubled firm Balva, meaning a double whammy of bad news for some firms who will now face a rush to put alternative arrangements in […]
Scottish conveyancing firms reject Separate Representation
One of largest conveayncing firms in Scotland, McVey and Murricane (MM) has authored a report arguing that Separate Representation would be a disaster for the Scottish legal profession and the Scottish homebuying public. The news follows the results of the Law Society of Scotland’s separate representation consultation which showed opinions were highly split when it […]
RICS suggests controversial 5% cap on house price inflation
RICS have sparked debate by suggesting the Bank of England’s Financial Policy Committee should consider limiting annual house price inflation to 5% in order to prevent “another housing bubble, reckless bank lending and a dangerous build up in household debt”. Several industry figures quickly reacted to the proposal. Paul Smith, CEO of haart estate agents, […]
Legal Service Consumer Panel and CLC address conveyancers
Representatives of the Legal Services Consumer Panel (LSCP) and the Council for Licensed Conveyancers (CLC) talked last week to conveyancers about the current and future state of regulation. At the quarterly meeting of the Conveyancing Association (CA) Elisabeth Davies, Chair of the LSCP, outlined the panel’s recent proposals to simplify legal services regulation to focus […]