The Legal Services Board (LSB) has launched a consultation on proposed new rules and guidance for alterations to regulatory arrangements. One of the oversight regulator’s core statutory functions is assessing applications from regulatory bodies to

Two directors of the firm Mayland Porter have been fined £10,000 and £5,001 respectively, after failing to adequately oversee the activities of a bogus solicitor alleged to have carried out £3.3m in property fraud. The

At HM Land Registry, we regularly consult with our customers and know what they value most: our expert colleagues and ease of doing business with us. They also appreciate consistency and getting things done in

Paul Albone spent the early part of his career writing and overseeing large scale IT systems in both MoD and Telecoms environments, before joining tmgroup in 2002. Since then, Paul has architected tmgroup’s systems to

Transaction delays show a need for SDLT holiday extension

It almost seems rude to interrupt conveyancers at this moment in time because I know full well you’ll be dealing with perhaps unprecedented levels of work. This is likely to be the busiest three days

Average house prices in England and Wales are set to rise by +7.2% over next three months Fall in monthly rate of growth to +0.4% in August could signal the start of a slowdown in

New requirement for an independent AML audit from the regulators

The Solicitors Regulation Authority has fined six firms as it continues to clamp down on anti-money laundering non-compliance. The firms were fined £800 and ordered to pay costs of £600 after they took over a

The Competition and Market’s Authority reported yesterday that developers Persimmon and Aviva will commit to making changes to their ground rent terms, removing the terms which cause ground rents to double. In the case of

As the deadline for the stamp duty land tax holiday approaches, HM Land Registry has pledged to do everything it can to help Conveyancers under pressure to complete residential property transactions before the holiday ends

The CMA has secured formal commitments from leading companies as part of its ongoing work to tackle issues in the leasehold sector. Aviva has committed to remove certain terms from its leasehold contracts which cause

PI insurer Howdens have reported insurers seeing a significant increase in claims arising from a failure to apply for Multiple Dwellings Relief (MDR) from SDLT resulting in massive overpayments of SDLT to the treasury. The

Convey Law has been named Best Medium Employer at the prestigious Apprenticeship Awards Cymru 2021 organised by the Welsh Government and the National Training Federation for Wales. Convey Law, which was founded in 2004 and

HMRC’s latest property data demonstrates just how heated the property market is as a result of the demand created by the SDLT holiday. The latest figures, released today, show May transactions at their highest since

Groundsure, a leading environmental search report specialist involved in over half of the UK’s residential property transactions, has today announced that it is revolutionising its residential product portfolio with exciting changes to the popular Avista,

I’m back! I wrote my last diary entry on the 19th May last year – the property market was coming out of the first lockdown, and there was trepidation as to what was going to

When I began my conveyancing career back in the mid-70s, conveyancing fees were, taking into account inflation, much higher than they are now. In fact, if memory serves me right, scale fees were still in

Cyber crime hit the headlines again last week as listed city firm Gateley reported client data had been stolen during an attack on its IT network. A statement to the London Stock Exchange on 16th

House builders will be stripped of planning permission if site development does not commence within 18 months after planning is ‘green-lit’, under new government proposals. With England desperate for new houses, and close to a

Law Society SIF

News the UK has agreed a trade deal with Australia that reflects the importance of market access for services in both economies was welcomed by the Law Society of England and Wales. Law Society president

Demand for chain-free transactions climbs

Research from the homebuying platform, YesHomebuyers, has found that demand for chain-free properties has climbed across the UK’s major cities as many homebuyers look to minimise current market delays for a fast property purchase. A

The Solicitors Regulation Authority (SRA) has decided to extend the Solicitors Indemnity Fund (SIF) by a further year in order to allow consultation on the future of post six-year run-off cover. The extension is subject

The industry leading “Today’s” publications enter a new era as owners Chris Harris and Karen Babington step away from the business. Covering three main areas of private client law, conveyancing, wills and probate and family,

The news earlier this week that the SRA is running a pilot with customer review platforms is very welcome news and long overdue. Conveyancers, in general, are way behind agents in generating and marketing customer

Biggest sales pipeline in a decade & buyers undeterred by stamp duty holiday ending

There are now 704,000 sales currently going through the conveyancing process across Great Britain, the highest over the past decade, according to the latest data released from the UK’s leading property portal Rightmove. At the

Stamp duty holiday set to save £3.4bn

The latest research by estate agent comparison site, GetAgent.co.uk, has found that despite market delays, over half a million homebuyers in England are set to benefit from the stamp duty holiday to the tune of

SRA appoints new Head of Welsh Affairs

The Solicitors Regulation Authority (SRA) has increased its engagement with the legal sector in Wales by appointing its first ever Head of Welsh Affairs. Former Head of Policy at Citizens Advice Cymru, Liz Withers will

As the 30 June stamp duty land tax (SDLT) holiday deadline approaches, social media is awash with messages of support for and from practitioners. The SDLT holiday extension, enacted in the March budget, runs through

Search provider poweredbypie has worked with CLS PI for almost ten years. CLS is a leading provider of products and services for Legal Indemnities and Estate Administration matters. We spoke to Jeremy Dorkins, UK Director

Law firms have been invited to join a pilot exercise that is helping develop meaningful quality indicators which can help potential clients choose their legal service provider. The exercise, a joint project between the Solicitors

Research highlights clearer communication of flood risk

New research* from Ashfield Solutions Group revealed the probability of a property being at risk of flooding rises dramatically from 1 in 100 to 1 in 5 if you live there for just 20 years.

Bungalows under construction

The latest initiative to boost the first time buyer market has formally launched on 4th June in Bolsover, East Midlands. The pilot aims help local first-time buyers – many of whom will be key workers

The legal professions of England and Wales – solicitors, barristers and CILEX lawyers – will again mark Pride virtually, with an ‘Untold Pride’ theme. The Law Society of England and Wales, the Bar Council of

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