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Peer to peer regulation: new FCA rules for platforms

United Kingdom - June 6 2019 The FCA has published new rules for loan-based (P2P) and investment-based crowdfunding platforms. The new rules are timely, with increased scrutiny…

Property hijack fraud: new duty for conveyancers?

United Kingdom - August 3 2018 The Law Commission recommends introducing a new statutory duty on solicitors in property transactions. If the proposals are implemented, solicitors…

No duty owed by bank to third party for negligent misstatement

United Kingdom - August 3 2018 The Supreme Court has held that a bank was not liable to a casino (Playboy Club) for a negligent credit reference it supplied for a customer to…

Property defects: Bank liable to customer in BTL purchase given failure to obtain home buyer's report

United Kingdom - July 27 2018 Where a lender fails to obtain a home buyer's report (when the customer has asked for one), they may be liable for significant damages if there are…

Busy lenders round-up - June 2018

European Union, United Kingdom, USA - June 12 2018 The Pre-Action Protocol for Professional Negligence (the Protocol) has been amended to include a requirement for claimants to consider adjudication at…

Amy Tough, Ben Hanham, Brendan Logue, Catherine Zakarias-Welch, Claire Pleece, Duncan Martin, Lynsey Robinson, Richard Hall.