Lawyers who break AML rules face bigger, more public fines
In May 2022, the Fair Business Banking and Anti-Corruption and Responsible Tax all-party parliamentary groups (APPGs) published a joint Economic Crime Manifesto. The statement sets out a “comprehensive list of pragmatic reforms” designed to tackle the UK’s dirty money crisis and stop Russian oligarchs, criminals, kleptocrats and wrongdoers who have been using London to hide […]
Conveyancers’ wellbeing continuing to suffer, study finds
The latest research from tmgroup, mio and Conveyancing Data Services (CDS) – “The New Normal” report – has revealed that property industry leaders need to step up to the plate and do far more to support their fellow professionals’ wellbeing. 20% completely let down by their employers In the survey of almost 800 property professionals, […]
InfoTrack webinar: what do underwriters look for when completing PII renewal forms for conveyancers?
What do underwriters look for when completing PII renewal forms for conveyancers? 18th July, 12:30pm – 1:15pm With conveyancing being seen as high risk when it comes to professional indemnity insurance, it’s important for firms to understand what underwriters look for so they can review risk management strategies early to mitigate the threat of increased […]
Menopause does not equal the end of a career in conveyancing
“If we lose women in their forties and early fifties, it jeopardises opportunities for future female conveyancers” – Aconveyancing’s director Natalie Moore talks about the importance of menopause awareness in the workplace. With over 50 staff across four offices, I’d say that 95% of the workforce at Aconveyancing is female. I’m not sure other firms […]
Ride, row & run with Rowlinsons
The Rowlinsons Charity team are about to embark on their annual challenge and for 2022 they will be riding, rowing and running a total of 33.5 miles to the city of Chester all in aid of raising as much money as possible for their Charity of the Year SPACE. On Saturday 18th June they will […]
What to expect when the CLC come knocking
Speaking at the recent Legal Eye Annual Risk & Compliance Conference in Birmingham, Amy Hayes and Sebastian Harrison, Regulatory Supervision Managers (RSM) at the Council for Licensed Conveyancers (CLC), laid bare the powers and practices of the regulator when it comes to inspecting firms. Amy Hayes began by stating that the RSM is the “first […]
Johnson confirms return of Right to Buy
Boris Johnson has confirmed plans to extend the right to buy scheme to tenants of housing association homes. In an address yesterday Johnson said there are 2.5 million households whose homes belong to associations, and commented “they’re trapped, they can’t buy, they don’t have the security of ownership, they can’t treat their home as their […]
Halifax HPI: prices slowing but mortgages down
Halifax has released its house price index for May. The latest index shows that average house prices rose 10.5% in the year to May – the slowest pace of growth for this index since January, but with average house prices now reaching a new record of £289,099. In London it’s £541,942. The latest data shows […]
Data shows “busiest financial year on record” for conveyancers
Busiest financial year on record for conveyancers as transactions increase 60% for the average firm A 60% annual rise in property transaction activity saw the average conveyancing firm clock up its busiest financial year on record in 2021/2022, according to the Q1 2021 edition of the Conveyancing Market Tracker from property data and insight provider […]
Japanese knotweed dispute results in £250k court case
A Japanese knotweed dispute in London between millionaire businessman Chrisopher Clarke and partner Louise Kaye against their neighbours, Talha and Minha Abbasi, has resulted in the latter couple being sued for £250,000. Clarke, the boss of bike tours business Cycle-to Events and director of cycling charity Club Peloton, says the knotweed from his neighbours’ house […]
Relations between conveyancers and estate agents “a lot better”
Relations between conveyancers and estate agents improve while clients become more demanding, says Conveyancing Foundation chairman Conveyancing and legal experts have spoken out about the stresses and strains facing those working in the property and legal conveyancing world as we move out of the pandemic in The Conveyancing Foundation’s latest “Be Kind We Care” webinar. […]
