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Mortgage & Property Investment Magazine | Issue 5 | March 2024

Mortgage & Property Investment Magazine | Issue 5 | March 2024
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Lack of 'respect' dogs agent and conveyancer relations: Coadjute

Around a third of conveyancers and estate agents say a lack of “mutual respect” between these professionals “prevents them from working together effectively”, says a report from Coadjute. It found that 32% of both professions shared “a similar frustration” and agreed that “more mutual respect would most improve the ....

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Conveyancers 'working late into the night' to meet stamp duty deadline


An
estate agent’s call this week for conveyancers to be more transparent about fee increases after seeing two solicitors quote £6,500 and £2,500 to convey the same property prompted lively reactions about fees and the pressures that conveyancers are working under.
Law Society president I. Stephanie Boyce said solicitors had done a remarkable job helping people achieve their dream moves under the most challenging circumstances.
She said: ‘Stressed and under-pressure solicitors have been working late into the night and over weekends, with little or no work-life balance, to ensure their clients’ transactions are able to complete according to their wishes. 
‘Many factors limiting the speed of a move – delays in the issuing of search results, delays in mortgage offers being issued, problems in the chain and with dependent transactions – are usually outside the control of the conveyancer. They cannot guarantee transactions will complete before the end of ....

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