Dumped by the Abbey – yet more

The Abbey’s draconian step of removing some 6,000 solicitors from its conveyancing panel for mortgage work – without warning or any specified reason except low volume of transactions – is getting some media publicity
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Proof of identity

When acting for clients on transactions (eg: house purchases or sales), solicitors are obliged to check their clients’ identities. It is not an integral part of the legal work we set out to do, but an obligation imposed on us under anti-money laundering legislation. It is an extra cost that we must absorb, and an extra risk we must accept, but we are not given any option. Failing to comply...
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Libraries – it’s about the books

Why are councils closing libraries or ignoring the books?Let's start with suggesting some principles – challenge them, if you want1 Reading is a Good Thing and therefore to be encouraged2 Reading books (as well as other things, such as newspapers, blogs, instructions from above and ASBOs) is a Good Thing and therefore to be encouraged3 Reading books is, perhaps, an area where quantity...
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Dumped by the Abbey – further thoughts

I have today heard from another (fairly local) solicitor who has been dumped by the Abbey from its conveyancing panelThis is particularly harsh for him and his clients, as he has 4 cases going through at present, and suddenly the Abbey is disrupting everything and causing chaos and extra expense. This does not surprise me – the Abbey just does not seem to care – but it has firmed up...
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Stage 7: Money, money, money

While all the legal investigations are being dealt with, the buyer needs to get his or her finances in place, ready to – (a) pay a deposit (usually ten per cent of the purchase price) on exchange of contracts and (b) pay the rest of the purchase money, plus legal expenses, plus the stock value, on completion As exchange of contracts and completion often take place on the same day, the...
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Another test

Third time lucky, I hope!
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