Tag: New Build Conveyancing
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Report on Title and Conveyancing Negligence: When Warnings Still Leave a Gap
A recent High Court decision shows why a Report on Title must explain the true effect of deposit protection, not simply warn that an off plan development might fail.
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Why ‘Small’ Conveyancing Errors are Costing Firms Thousands
The Legal Ombudsman (LeO) recently released its latest Public Interest Decisions, and for conveyancers, the message is clear: the Ombudsman is not just looking for “adequate” service, they are penalising systemic failures in conveyancing risk management. Two specific cases, involving KMC (Liverpool) and Stocker & Co, highlight how a lack of robust procedures during the…
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New Building Society Requirements for New Build
Principality Building Society have changed their CML handbook requirements to section 6.7.1 extending the obligation to the solicitors acting on their behalf. When it comes to checking on acceptable warranty schemes for new build or newly converted properties, lawyers are now expected to ensure that the level of cover available under the warranty will be…