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.
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.