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14 June 2007 / Michael Garson
Issue: 7277 / Categories: Features , Property
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Turning of the tide?

Should property lawyers be bracing themselves for more radical reform? Michael Garson reports

On 22 May 2007, the Communities Minister, Ruth Kelly, announced of yet another policy shift in respect of the commencement date for home information packs (HIPs). As with the announcement concerning the fate of the compulsory home condition report on 18 July 2006, this latest announcement was as hurried and ill-prepared as it was unexpected.
It followed assertions in the House of Commons on 16 May 2007 that 1 June would mark the implementation date under the timeline to which the government was committed and the industry had been working for the last 15 months. The reason admitted for the policy climb-down turns out to be a familiar one, as it emerged that only 520 energy assessors were qualified and registered to carry out energy inspections and issue certificates at that time. Last year it was the failure to meet the minimum target number of 4,500–7,000 qualified home inspectors.

There are a number of aspects to review as the next move

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MOVERS & SHAKERS

Signature Litigation—Catherine Naylor

Signature Litigation—Catherine Naylor

International fraud and asset recovery offering boosted by partner hire

Stevens & Bolton—Alexa Payet

Stevens & Bolton—Alexa Payet

Private wealth disputes team adds contentious probate specialist

Morgan Lewis—Paul Feldberg

Morgan Lewis—Paul Feldberg

Firm strengthens investigations and sanctions capabilities with London partner hire

NEWS
Cheshire West, which established an ‘acid test’ for deprivation of liberty safeguards, has been overturned by the Supreme Court
The Chancery Division and other segments of the High Court are to be replaced by a new Business and Property Division (BPD), in a major civil justice shakeup
Law firms that hold client money will need to file annual accountants’ reports and make a declaration, the Solicitors Regulation Authority (SRA) confirmed this week
Two district judges and a tribunal judge have been sanctioned for delays in delivering judgments and orders
Private equity (PE) investment into UK law firms halved to £250m last year, but deal volume rose, according to research by Acquira Professional Services’ Momentum private equity market tracker
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