Updates – Page 4
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FeatureYou should know better
Wayne Johnson explains how elements of the know-your-client process could be automated to reduce costs, increase productivity, free up human experts to apply their experience and judgement, and protect firms against money laundering
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FeatureSupport system
Russell Hewitson, chair of the Conveyancing and Land Law Committee, provides an update on the committee’s work representing and supporting the profession, including around leasehold, fraud and the electronic execution of documents
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NewsPII proposals and increased risk in modern conveyancing
Michael Garson outlines the importance of risk management for conveyancing firms, now that the Solicitors Regulation Authority has proposed its changes to professional indemnity insurance
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AnalysisWho pays for a property fraud? Determining liability post P&P and Dreamvar
Jennifer Meech outlines the facts of the recent high profile Dreamvar and P&P appeals
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NewsHow to assist with pre-owned park home sales in six steps
Park homes are not equivalent to bricks and mortar, and the procedure for buying and selling one is not subject to the usual conveyancing protocols. Rawdon Crozier and Ibraheem Dulmeer set out the six steps you need to follow.
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NewsBlockchain revolution?
Blockchain has been branded as the future of just about everything and is soon expected to infiltrate all aspects of our lives, from banking to tax returns and voting. But what is it, and how can it be used in property transactions?
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FeaturePlenty of phish
Despite a growing awareness of cybercrime, cyber-attacks show no sign of abating. Legal businesses are at particular risk because of the volume of data and money they hold. Graham Murphy looks at how DMARC email authentication can help
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FeatureSign of the times
Warren Gordon looks at new Land Registry proposals to roll out the use of electronic signatures for registrable documents, and the potential implications for security and fraud in conveyancing transactions
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FeatureFighting words
The ripples are still being felt from the recent cases of Purrunsing, P&P and Dreamvar. How are law firms responding, especially in the current limbo before the P&P and Dreamvar appeals? Maria Shahid investigates
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FeatureDirect hit
The fourth Anti-Money Laundering Directive will be transposed into law in England and Wales on 26 June. But, Alex Ktorides cautions, property practitioners may still not be aware of the potentially significant effect of the directive on their work
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NewsThe Homelessness Reduction Act 2017 - catching mammoths with straw nets?
Daniel Fitzpatrick, partner at Hodge Jones & Allen, discusses the Homelessness Reduction Act 2017.
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FeatureMortgage fraud: spotting the warning signs
Peter Rodd has been leading our series of fraud and cybersecurity seminars taking place until the end of June. Here, he shares a real-life example of mortgage fraud and the warning signs that the conveyancer failed to spot.
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NewsSide letters: a cause for concern
Peter Reekie looks at the recent case of Vivienne Westwood Ltd v Conduit Street Development Ltd [2017] EWHC 350 (Ch).
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NewsNew guidance on minimum energy efficiency standards for non-domestic property
In February, the government released new guidance on the operation of the regulations behind the minimum energy efficiency standards for non-domestic property, coming into force in April 2018. Warren Gordon outlines the key points of the guidance
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NewsSale of land – breach of contract
The Court of Appeal reviewed if there was a breach of contract in, Savills (UK) v Blacker and another [2017] EWCA Civ 68.
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FeatureHard times
In recent years, the role of the conveyancer has expanded significantly, particularly around searches, while fees have dropped radically, argues Peter Rodd. But does the solution lie in the hands of the profession itself?