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22 February 2013 / Richard Hinton
Issue: 7549 / Categories: Features , Property , Housing
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Worth the risk?

Richard Hinton recommends orchestrating your due diligence

The best conveyancers and property lawyers need to be much like the best conductors. Understanding the risks associated with property transactions in their region and advising buyers on the potential for these risks enables them to provide effective and efficient due-diligence. Both conductors and conveyancers also need to have impeccable timing. If it isn’t conveyancers face the jarring consequences of buyers missing key information and the potential fallout of negligence claims.

For many conveyancers, direct experience of dealing with all the risks that could impact properties in their region may not be in their repertoire, but this should not stop them from being able to provide a thorough service to buyers though. Getting to grips with the risks in your region is essential. For example, one in four properties in the UK is at risk of flooding, but the prevailing myth is that the biggest risk of flooding comes from rivers breaking their banks.

However, surface water flooding only accounts for around half of all flood

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MOVERS & SHAKERS

DWF—David Abbott & Claire Keat

DWF—David Abbott & Claire Keat

Senior appointments in insurance services and commercial services announced

Clyde & Co—Nick Roberts

Clyde & Co—Nick Roberts

Aviation disputes practice strengthened by London partner hire

Ellisons—Marion Knocker

Ellisons—Marion Knocker

Residential property lawyer promoted to partnership

NEWS
he abolition of assured shorthold tenancies and section 21 evictions marks the beginning of a ‘brave new world’ for England’s rental sector, writes Daniel Bacon of Seddons GSC
Stephen Gold’s latest Civil Way column rounds up a flurry of procedural and regulatory changes reshaping housing, alternative dispute resolution (ADR) and personal injury litigation
Patients are being systematically failed by an NHS complaints regime that is opaque, poorly enforced and often stacked against them, argues Charles Davey of The Barrister Group
A wealthy Russian divorce battle has produced a sharp warning about trying to challenge foreign nuptial agreements in the wrong English court. Writing in NLJ this week, Vanessa Friend and Robert Jackson of Hodge Jones & Allen examine Timokhin v Timokhina, where the High Court enforced Russian judgments arising from a prenuptial agreement despite arguments based on the landmark Radmacher decision
An obscure Victorian tort may be heading for an unexpected revival after a significant Privy Council ruling that could reshape liability for dangerous escapes, according to Richard Buckley, barrister and emeritus professor of law at the University of Reading
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