Tuesday 24 January 2017

Solicitors reap benefits while the public pays

Published 01/12/2012 | 17:00

The decision by the Law Society to prohibit solicitors acting for two or more parties in the conveyancing of property has stirred the fury of the nation's farmers.

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Under new guidelines to be introduced from January 1 separate legal representation will be required for all individuals involved in the transfer of property. This will be the case even in the most straightforward and non-contested transfers of property from parent to child.

The cost implications are particularly severe for farmers – for whom it will now be far more expensive for families to transfer holdings or properties given that each family member will need separate legal representation.

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