Deposit protection for client accounts
Changes to the rules governing payout compensation have resulted in the Financial Services Compensation Scheme introducing new processes and technology to enable a faster payout. This practice note reflects developments in the framework governing deposit protection and provides best practice advice for practitioners. http://www.lawsociety.org.uk/productsandservices/practicenotes/depositprotection/4686.article Today’s Conveyancer, bringing you the latest conveyancing news and updates.
Deadline fast approaching for SRA Handbook consultation
This consultation will be the last opportunity for you to put forward your comments on the SRA’s new Handbook which will underpin the regulation of solicitors and law firms from October 2011. It builds on the foundations laid in "The Architecture of Change: the new SRA Handbook" (the May Consultation). The May Consultation initiated the […]
Total lending to individuals rose in November
Figures released by the Bank of England yesterday show total lending to individuals rose by £.7 billion in November although the growth rate was unchanged at 0.8%. Within the total, lending secured on dwellings rose £0.8 billion in November, compared to a £1.2 billion increase in October, slightly above the previous six-month average of £0.7 […]
What does 2011 hold for locums?
Paul Murden, a locum provides his view on what 2011 holds for locum conveyancers…. To state what is probably the very obvious, the future for Conveyancing locums looks very bleak. What was always, perhaps, a limited market will be pressured by the predominant economic effect on the property market causing SMS firms to either a) […]
Bank of England release HEW figures for Q3
The Bank of England statistics released today show that Housing Equity Withdrawal stands at -£6.1bn for Q3 in 2010, compared to a figure of -£5.8bn (revised from the previous published figure of -£6.2bn). The HEW measure turned negative in Q2 2008. HEW, as a percentage of post-tax income was -2.4% compared to -2.3% in Q2 […]
Bad Hair Day: Bad Conveyancing Day; Do You Change Conveyancing Solicitors?
Paul Hajek of Clutton Cox has allowed us to reproduce a copy of his recent blog for which we are grateful… If we have a bad experience in a hairdresser’s, a butcher’s or a baker’s, we are more than likely to go elsewhere next time. Let’s face it, we, consumers are a fickle lot. We, […]
