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Report highlights property under pressure

16 February 2021
Issue: 7921 / Categories: Legal News , Property , Covid-19 , Conveyancing
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Conveyancers and other property professionals are struggling due to increasing work volumes, research into the impact of the COVID-19 pandemic on property professionals has found. 

A report by property services businesses tmgroup and mio, ‘Thriving in a pandemic’, highlighted significant delays and rising stress. One conveyancer stated: ‘Increased caseload together with search and mortgage delays leading to frustrated clients has had a hugely detrimental effect on conveyancers’ wellbeing.’

Joe Pepper, CEO at tmgroup, said there was high demand for better technology and system integrations, especially among residential conveyancers, so the system can handle higher volumes more efficiently.

MOVERS & SHAKERS

Freeths—Ruth Clare

Freeths—Ruth Clare

National real estate team bolstered by partner hire in Manchester

Farrer & Co—Claire Gordon

Farrer & Co—Claire Gordon

Partner appointed head of family team

mfg Solicitors—Neil Harrison

mfg Solicitors—Neil Harrison

Firm strengthens agriculture and rural affairs team with partner return

NEWS
Conveyancing lawyers have enjoyed a rapid win after campaigning against UK Finance’s decision to charge for access to the Mortgage Lenders’ Handbook
The Crown Prosecution Service (CPS) has launched a recruitment drive for talented early career and more senior barristers and solicitors
Regulators differed in the clarity and consistency of their post-Mazur advice and guidance, according to an interim report by the Legal Services Board (LSB)
The Solicitors Act 1974 may still underpin legal regulation, but its age is increasingly showing. Writing in NLJ this week, Victoria Morrison-Hughes of the Association of Costs Lawyers argues that the Act is ‘out of step with modern consumer law’ and actively deters fairness
A Competition Appeal Tribunal (CAT) ruling has reopened debate on the availability of ‘user damages’ in competition claims. Writing in NLJ this week, Edward Nyman of Hausfeld explains how the CAT allowed Dr Liza Lovdahl Gormsen’s alternative damages case against Meta to proceed, rejecting arguments that such damages are barred in competition law
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