Tag: Leasehold Report on Title
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SRA Shine a Light on Inadequate Leasehold Reports on Title
The recent review of the conveyancing sector by the Solicitors Regulation Authority found that 23 percent of conveyancing firms are inadequately advising leasehold homebuyers. In what the SRA describes as a ‘dangerous assumption’, several firms said that they saw no reason to explain the difference between freehold and leasehold, assuming the client would already know…