About CQS Conveyancing

The 2010 business plan for the Council for Licensed Conveyancers reveals that the CLC will be moving closer towards implementing an outcomes and risk based approach to regulation. They further confirm that this has been on their radar since 2008. The CLC have blamed the slow progress in this area due to limited resources but now express confidence that they have now addressed that resource challenge through the imminent introduction of a new Management Information System and a new organisational structure. It will be fascinating to see how a Management Information System will deal with risk unless the conveyancer inputs date into a system which could be integrated with the Land Registry. It is lamentable that the Chain Matrix was shelved as this would have proved to be the ultimate panel manager technology which would have been invaluable for the Regulators and Lenders alike.

With the dramatic recent rise in mortgage fraud and property fraud cases in the UK , there is increasing need for members of the public to be better informed about what to look out for and how to avoid falling foul of a property fraud scam. Property fraud scams can be carried out in a multitude of forms and involve a number of participants; some who don't even know they're being taken advantage of. Participating in a scheme that requires you to provide false or misleading information to a mortgage lender is mortgage fraud and therefore a criminal offence. There are two prominent kinds of mortgage fraud today: one involves a property fraud scam - and the other frauds are designed to squeeze money out of transactions involved when a property is exchanged between buyers - 'fraud for profit'. An example of a Mortgage Fraud is where a Straw Buyer is used. This happens when someone is offered money to lend their identity, and are considered phoney loan applicants. They are o...