Updates – Page 9
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News
New capital allowances practice note
From 1 April 2014 for corporation tax payers and 6 April for income tax payers, capital allowances, which allow for tax relief for fixtures in property, must be identified and documented at the point at which commercial properties are bought or sold, or they will be lost forever. ...
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Analysis
Court of Appeal holds law firm accountable for lender's loss
Peter Reekie outlines the findings in the recent case around potential breach of negligence where a law firm is caught out by a fraudster
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Opinion
Risky business
With the sobering news in January that 136 firms have folded, having failed to obtain professional indemnity insurance, Peter Rodd explains how firms could better manage risk to avoid becoming another statistic.
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Feature
A run for your money
Solicitors’ involvement in property fraud may be very small, but they remain an attractive target for fraudsters, with potentially dire consequences for both them and their firms. Grania Langdon-Down looks at what solicitors can do to protect themselves
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News
New complaints practice note
The Law Society has published a new practice note on complaints, which is essential reading for managing partners, practice managers and all those involved in dealing with unsatisfied clients. It covers topics such as clients’ rights, common grievances, establishing a complaints management procedure and the role of the Legal Ombudsman. ...
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Feature
Money from home
Alison Clair looks at property fraud, particularly where the property is retained, how mortgage lenders are combating it, and how solicitors and mortgage lenders can work together to stamp it out
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Feature
Reality check
The media and the Solicitors Regulation Authority website both told the same story in 2012: bogus law firms, created by criminals and often based on real firms to create legitimacy, are on the rise. So how can you avoid your firm becoming a victim? Chris Harris explains
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Feature
Property in Practice September 2012
This edition features lenders, tenants’ guarantees, the CQS, negligence in property practice, new builds, leasehold enfranchisement, rights of way, equity release and mortgage fraud
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Feature
Property in Practice March 2012
This edition features the Conveyancing Quality Scheme, regulation, commercial lease renewals, planning and the Localism Act, change of use, AML, capital allowances, service charge disputes, enforcement and flood risk