Coronavirus: 20% plummet in house prices predicted by experts - CONVEYANCING PODCAST EPISODE 5

Welcome to Conveyancing Podcast Episode 5.

 Matthew and Thomas explore the weekly news roundup in the Conveyancing world.

In today's podcast the Law Society Gazette reports on the SRA having a pragmatic approach to regulating Conveyancing Law firms during the Coronavirus outbreak.

The next article which is also from the Law Society Gazette examines a plea by Junior Lawyers to allow examinations to go ahead remotely during the virus lockdown.

The last article brought to you by the Law Society Gazette looks at a week which saw 5 non-Solicitors banned for misconduct from regulated Law firms.

The SRA itself brings us the next article where they set out their priorities for the next 3 years as decided by surveys they have conducted in and around the Legal profession.  Looking at the 3 key areas of standards, technology and emerging opportunities.

The following article is not specifically targeted at the Legal profession but instead examines what support is available for businesses which are having to cease trading during the lockdown.  It comes from the BBC.

The Daily Mail reports that estate agents are unhappy with the package offered to them by online giant Rightmove in light of the restrictions caused by the viral outbreak.  Rightmove have offered a 75% discount for 4 months, whereas some agents would prefer 3 months completely unpaid.

A chilling prediction from the Daily Mail next where experts predict a drop of up to 20% in the housing market caused by, you guessed it, Coronavirus.  The already sluggish market may face further challenges.

A warning now from the same publication which advises people not to cancel their mortgage payments until they have agreed this with their mortgage company.  The mortgage companies are assessing claims on a case by case basis so it is not automatically guaranteed and may affect your credit rating.

Our first article from the Guardian looks at a branch of Haart estate agents whose manager laid off his entire team in anticipation of the lockdown despite advice to the contrary from the government.

In another first we look at a publication previously unknown to us, the Legal Cheek.  It examines the same issue as a previous Law Society article in this issue namely allowing Junior Lawyers to take their exams during the outbreak.  But we thought we would mention the publication in case you were not aware of it.

Legal futures brings us the story of the new appointee as chair of the Legal Ombudsman.  She gets a hefty £52,500 for only 60 days work a year which is equivalent of £300,000 full time.  She also has six other roles.  How does she fit it all in?

Finally on a lighter note we look at a reasonably priced beautiful thatched cottage in Salisbury from Country Life magazine.  It is surrounded by a beautifully well maintained garden with its own pond and benches.

Thanks again for tuning in and we hope you enjoyed the show.

Please get in touch if you want to take part in the show or leave a comment below if there is anything you would like us to examine.

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