‘There is “no public interest” in allowing a negligent conveyancer to avoid liability when they did not know that their client was actually engaged in mortgage fraud, the Court of Appeal has ruled.’
Legal Futures, 14th September 2018
Source: www.legalfutures.co.uk
‘Property fraudsters could be stopped in their tracks by technical fixes of the law, according to the Law Commission. The independent legal body say HM Land Registry has had to fork out close to £60million in indemnity payments because of fraud over the past decade. As a result, it’s recommending measures to help prevent fraud from taking place in registered land, alongside wider technical changes to the law which will make conveyancing “faster, easier and cheaper for everyone”.’
Law Commission, 24th July 2018
Source: www.lawcom.gov.uk/
‘Solicitors representing fraudulent property vendors should share responsibility along with those representing the duped buyers for any resulting losses, the Court of Appeal has ruled in a widely awaited decision.’
Law Society's Gazette, 15th May 2018
Source: www.lawgazette.co.uk
‘The first digital mortgage deed was entered into the Land Register today following collaboration and testing with Coventry Building Society and Enact Conveyancing.’
Legal Futures, 5th April 2018
Source: www.legalfutures.co.uk
‘In 2014, Starham bought a piece of land on the Harrow Road. Most of the land was being used as a beer garden by the Masons Arms pub, owned by Greene King. Starham claimed this use was a trespass. Greene King claimed it was entitled to use the land as a beer garden by virtue of a right created by a conveyance dated 24 August 1855 which it said was an easement or a restrictive covenant.’
Falcon Chambers, November 2017
Source: www.falcon-chambers.com
‘The Law Society misled the public over the expertise of solicitors in a scheme set up to help property buyers and sellers in England and Wales, the advertising watchdog has ruled.’
BBC News, 22nd November 2017
Source: www.bbc.co.uk
‘A ban on estate agents charging solicitors referral fees along with loosening the restriction on conveyancers acting for both seller and buyer were suggested by the government yesterday as possible reforms to improve the home-buying process.’
Legal Futures, 23rd October 2017
Source: www.legalfutures.co.uk
‘A couple who were told by the Financial Ombudsman they would be repaid more than £47,000 stolen in a conveyancing scam have now been told, more than a year later, that they will not be getting their money back.’
Daily Telegraph, 27th July 2017
Source: www.telegraph.co.uk
‘A new property law alliance, the Legal Sector Group (LSG), has written to the government, with a detailed set of proposals on leasehold reform.’
Legal Futures, 21st June 2017
Source: www.legalfutures.co.uk
‘The fall-out from the decision that the Law Society breached competition law looks set to last for several more months after the Competition Appeal Tribunal laid out the timetable for determining damages.’
Legal Futures, 5th June 2017
Source: www.legalfutures.co.uk
‘Succeeding in today’s market requires expertise, investment & a touch of excellence, says Peter Ambrose.’
New Law Journal, 26th May 2017
Source: www.newlawjournal.co.uk
‘Blockchain-backed ‘smart contracts’ will be a “game changer” in property transactions, increasing certainty for buyers and sellers as well as speeding up the house-buying process, it has been claimed.’
Legal Futures, 26th April 2017
Source: www.legalfutures.co.uk
‘With thousands of homebuyers caught out by rapidly rising rents, the solicitors they used may face claims of professional negligence.’
The Guardian, 19th November 2016
Source: www.guardian.co.uk
‘Conveyancing activity in Q2 followed a rollercoaster journey with transactions jumping by almost a quarter (24%) year-on-year – up from 230,430 to 286,425 – as completions were registered following the rush to beat the Stamp Duty Land Tax (SDLT) changes for buy-to-let properties and second homes on 1 April 2016, according to the latest edition of the Conveyancing Market Tracker from Search Acumen, the search provider.’
Legal Futures, 25th August 2016
Source: www.legalfutures.co.uk
‘Solicitors could face penalties for not filing stamp duty returns online, under proposed government reforms to the conveyancing process.’
Law Society’s Gazette, 15th August 2016
Source: www.lawgazette.co.uk
‘Regulation is put into place because markets are not perfect. Legal services are infrequent purchases for most people, so the asymmetry of knowledge and power between provider and consumer is especially marked.’
Legal Futures, 6th July 2016
Source: www.legalfutures.co.uk
‘Fraud victims outside London whose cases are reported to the police have “little chance of any kind of investigation”, an authoritative study has found.’
Daily Telegraph, 6th July 2016
Source: www.telegraph.co.uk
‘One in three cases of conveyancing fraud – where victims lose an average of £101,000 – is not even passed on to the police for further investigation, Telegraph Money has learned.’
Daily Telegraph, 3rd July 2016
Source: www.telegraph.co.uk
‘Proportionality has hit the Competition Appeal Tribunal as it capped a defendant’s recoverable costs at £350,000, compared to its budgeted costs of £637,000.’
Litigation Futures, 24th June 2016
Source: www.litigationfutures.com
‘The Law Society’s budgeted costs of £637,000 to defend the competition law action brought over its Conveyancing Quality Scheme (CQS) are disproportionate and should be capped at nearly half of that, the president of the Competition Appeal Tribunal has ruled.’
Legal Futures, 24th June 2016
source: www.legalfutures.co.uk
© Inner Temple Library 2018