Pirie Palmann acquired by Simply Conveyancing
Simply Conveyancing has announced the acquisition of Peterborough-based Pirie Palmann as part of an ambitious growth drive that it says will see it become one of the largest and most experienced conveyancing practices in the UK. Simply Conveyancing, which was founded in 2000, is backed by PE investors Livingbridge and has expanded rapidly in recent […]
Low mortgage rates continuing to drive property market
Latest Bank of England reports show that mortgage and savings rates remain at rock bottom, with some savings rates at record lows. The Bank of England has reported that average savings rates have dropped to below 0.1% with August’s figures reporting lows of just 0.09%. New fixed rate accounts are showing averages of just 0.29%. […]
Law firm and director fined over inadequate due diligence checks
A South London law firm, Topstone Solicitors Limited, and its director Silas Ogbonna have been fined for failing to complete proper due diligence checks on two property deals. Sanctions were imposed by the SRA following a regulatory settlement agreement that was approved by the Solicitors Disciplinary Tribunal. It was found at tribunal that due diligence […]
2020 – the year of growth for legal tech experts LFS
Northampton based legal tech company LFS have had a significant year of growth with their product Minerva, despite the challenges of the pandemic, with 100 law firms now using their solutions, over 30 having deployed the full solution since launching at the start of 2020. Rising numbers With transactions totaling 90,000 from June 2020 to […]