Conveyancing Association endorses ML Solutions
The Conveyancing Association has announced its endorsement of ML Solutions’ anti-money laundering services and products. Conveyancing Association members will now be eligible for a discount on services offered by ML Solutions, who have become the Conveyancing Association’s preferred supplier for AML training. The company specialises in providing a wide range of training services to law […]
SRA investigates 2,000 firms’ finances
The Solicitors Regulation Authority (SRA) has started to evaluate the data on around 2,000 firms’ finances following a fact-finding survey. Firms included in the survey included those working in areas that are experiencing particular economic pressures, such as personal injury or legal aid, and around 500 ‘high impact’ firms, those which would have a significant […]
Gross mortgage lending holds steady
According to the latest figures released by the Council of Mortgage Lenders gross mortgage lending held steady in August at an estimated £16.6 billion. Lending was only slightly higher in July at £16.7 billion and was 28% higher than August last year. CML chief economist Bob Pannell said: "We are beginning to experience a healthy […]
Foxtons valued at £649m pre-float
Ahead of is full stock market listing, due to take place this week, Foxtons has been valued at £649m. Foxtons announced their plans to float last month in order to raise funds and capitalise on the recovery in the property market. The company is due to be officially admitted to the stock market on Wednesday […]
Countrywide continues to grow
Countrywide Residential Lettings has continued to rapidly build its portfolio with the acquisition of 18 businesses since the start of 2013. Since 2007 the group has acquired 59 businesses and the empire shows no signs of slowing down its growth. Two of the latest acquisitions were in Scotland, further strengthening its presence there. The latest […]
Fridaysmove invites panel applications
Fridaysmove has announced that it is now inviting new applications from firms seeking to join its conveyancing panel. This is the first time the Fridaysmove has opened its doors to applicants since 2011. Historically, membership has been by invitation only, and limited to a handful of practices with a conveyancing specialism. Director Chris Salmon said: […]
Law Society of Scotland to debate seperate representation
A special general meeting of the Law Society of Scotland later this month will see lawyer’s debate proposals for mandatory separate legal representation for home buyers and lenders. Earlier this year solicitors voted for the principle of changing the current practice rule whereby a solicitor can represent both the buyer and the lender. They also […]