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SDLT risks and how to solve them

Amid a recent drastic increase in property transactions and in light of increased claims in this area, we asked SDLT Compass, expert advisers on the subject, to highlight the key risks of SDLT and how best conveyancers can handle these.

Putting your best foot forward in a challenging insurance market

In the past twelve months, we have seen the pressures on firms continue to grow amid furloughs, lockdowns, and the stamp duty holiday. Disruption, staff shortages and mounting workloads are factors that can lead to the breakdown of some of your usual risk management processes, and this raises concerns for underwriters.

Summary of Harcus Sinclair LLP v Your Lawyers : What you need to know about solicitors’ undertakings

A solicitor, as an officer of the Court, is subject to the Court’s inherent jurisdiction. As such, a solicitor can be summarily compelled to comply with an undertaking which they have given. Failure to make good a solicitors’ undertaking may be regarded as misconduct.

Comprehensive guide to cyber insurance

We live in an increasingly interconnected world where reliance on technology has become routine. The digitalisation of business has created huge opportunities and led to increased efficiency and growth, but with that rise has come an urgent need for more diligent focus on cyber-security.

Briefing Note on Undertakings Harcus Sinclair LLP v Your Lawyers Ltd

An undertaking is an agreement by a solicitor to do something, or not do something, that is relied upon by a third party. It may be given in writing, or orally and even unintentionally. Any failure to comply with an undertaking is serious business. The undertaking may be summarily enforced by the Court by exercising its longstanding supervisory jurisdiction over solicitors and regulatory sanction may also follow.

De-risking your firm's finance function

What is run-off cover?

Run-off is the insurance cover provided under certain policies when your practice ceases, whether voluntarily, as a result of retirement, merger or involuntarily, through insolvency or due to another closure event.

COVID-19 and the ongoing impact on residential property transactions

Back in October 2020, we reported on the trends shown by the England and Welsh property market during and after the first national lockdown. Since then, we have experienced a second lockdown (in November 2020), and are now slowly emerging from a third. To produce this update, we have utilised the next two quarters of residential property purchase data filtered by date of completion from the Land Registry, which now shows us the full results for 2020.