Tag: Law Society
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Law Society spin Drs kick into gear in response to HSBC panel pruning
Last Friday HSBC launched the latest attack in war against the majority of conveyancing solicitors by announcing a limited a panel of 43 firms to handle its mortgage work, which customers will not be obliged to use as well – but it will be much cheaper if they do. The Law Society have used the…
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Renewal time for Conveyancing Quality Scheme
A year has now passed since the launch of the Law Society’s Conveyancing Quality Scheme (CQS). Just over 1000 accredited conveyancing firms across England & Wales with more in the pipeline. But has the scheme has been success for the profession in 2011? The Law society have stated “ We have already put in place…
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The emergence of "dumbed-down" lawyers in a post ABS world
David Bott,the new president of the Association of Personal Injury Lawyers (APIL) yesterday warned of the emergence of a new breed of ‘dumbed-down, legal-lite’ lawyer following the introduction of alternative business structures. Addressing the Associations annual conference, David Bott predicted that ‘potentially massive’ new entrants to the personal injury market will be ‘very efficient’, but…
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Recent OFT Report on Estate Agents seems to please no one !
Conveyancing Solicitors : Conveyancing Solicitors have expressed the disappointment that the OFT did not propose the regulation of estate agents in its home buying and selling.Commenting on the report Paul Marsh, Law Society property spokesman, said: ‘We’d have liked to see them recommend that regulation of estate agents was put in place to create a…
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When extending a “priority search” is not enough !
One major difference between the BSA instructions, introduced last month, and the CML Handbook is additional clauses dealing with the registration of mortgages where a priority period has expired. Clause E.30 states “If you cannot register our mortgage within the priority period afforded by your Land Registry Search made before completion you must register a…
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Argie Bargie over Home Information Packs
In response to a question from Conservative MP David Amess on what methodology would be used to use to evaluate the effectiveness of the Home Information Pack programme, Communities and Local Government Minister Ian Austin was involved in heated argument. The wording of the debate ( reported in Hansard ) makes interesting reading, so I…
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Conveyancing solicitors urged to sign up to web portal
The Land Registry Direct system will be ending on 31 March 2010. The technology platform on which it is rests will cease to be supported, meaning that conveyancing services in Land Registry Direct cannot be developed further. The new home for the Land Registry business e-services is the Land Registry Portal, which uses the most…
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Property loans fraud results in Solicitor being struck off
An Irish conveyancing solicitor who engaged in fraudulent practices to obtain loans on properties, leaving a financial institution with losses of €1.25 million loss, has been struck off by the High Court. According to IrishTimes.com, Mary Miley, formerly practising as Miley and Co Solicitors, Rathdrum, Wicklow, obtained money by pretending she was acting for a…
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Investigation into Conveyancing referral fees
Hot on the heels of the Law Society looking into the question of referral fees, commissions by conveyancers to estate agents and mortgage brokers are to be examined by the Legal Services Consumer Panel. The Legal Services Consumer Panel will also look at other referral fees paid by lawyers to insurance and claims management companies.…