New forms to drive better up front information
Conveyancing trade and industry bodies The Conveyancing Association, The Law Society, CILEX, and the Society of Licenced Conveyancers have thrown their weight behind new versions of LPE1, LPE2 and FME1 forms which are to be launched from 11th January 2022 14 trade and representative bodies, from across the legal, surveying, estate agency and property management […]
Simplify remain tight lipped
UPDATED 22/11/2021 The Council for Licensed Conveyancers have provided a brief update on progress at Simplify since it confirmed on 17th November it had moved to exchange contracts on files that are ready to exchange and complete and started work on new cases nearing exchange. The group has indicated that it is continuing a staged […]
Consultation could pave the way for APP fraud refunds
A consultation from the Payment Systems Regulator could see legislation introduced forcing banks to refund those affected by authorised push payment (APP) fraud. APP fraud is typically perpetrated by criminals impersonating trusted individuals and organisations in order to trick people into authorising a payment to an account controlled by a criminal. The criminals will send […]
Diary of a High Street Conveyancer; 22nd November 2021
The issue with the Simplify group continued this week. There is still no clarity as to what has happened, but the effect on the lives of many is clear. One only needs to look on Twitter, Trust pilot and a Facebook group which has been set up to see what is happening and importantly, what the […]
British Conveyancing Awards 2022 Categories Released!
This year, Today’s Conveyancer launched The British Conveyancing Awards to recognise the herculean efforts of the conveyancing industry in keeping the housing market moving through 2020 and into 2021. Launched to coincide with the end of the original SLDT holiday, the ceremony in May saw the industry come together to recognise and celebrate the incredible […]
SRA consults on changes to fining powers
The Solicitors Regulation Authority (SRA) has launched a consultation on its approach to financial penalties for law firms and solicitors with the aim of resolving cases more quickly and reducing the need to refer to the Solicitors Disciplinary Tribunal (SDT) The consultation will review how the SRA can create more consistency across its regulated entities […]
4 common ways criminals launder money
Money laundering costs the British economy around £37 billion each year. And with the legal sector under increasing scrutiny (and SRA site visits happening right now) it’s something firms should be placing front and centre of their risk planning. A review by the SRA into law firm AML compliance identified the failure to introduce “proper […]
