From October 1st, solicitors will be able to apply for probate online, currently only 28 firms use this service which has been struggling with delays.
Conveyancing and property market report focuses on the changing market place, government involvement, technological change and evolving skills requirements
Requests for information from HM Land Registry to the top 500 conveyancing firms have increased in 2019 to almost 15% of all applications.
The Solicitors Regulations Authority following a review of 59 practices providing trust and company services, has found that a number of law firms are not doing enough to prevent money laundering.
The number of conveyancing firms in England and Wales has dropped below 4,000, with the top 1,000 conveyancers controlling more than 3/4 of the market.
HM Land Registry announced that high street lenders and many conveyancers are adopting the digital mortgages service ‘Sign Your Mortgage Deed’
The government, after consultation, is likely to ask sellers to provide more information about their property before it goes to market in a bid to speed up the buying process and make the process more transparent through a property Logbook.
Updated CQS Core Practice Management Standards (CPMS) have come into force from 1st May 2019 to which all accredited Conveyancing Quality Scheme (CQS) firms must adhere to.
HM Land Registry to publish error rates for conveyancing firms. Redbrick Solutions Conveyancing Case Management helps reduce errors in submissions
Improvements to Land Registration will help fight fraud and Redbrick Solutions AML and ID checks can help make you fully compliant.