Law Management Blog

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Mortgage Panels

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Thin end of the wedge and an end to some High Street practices if this is the start of a new trend. People may want to use their local solicitor but will he be able to act for them?

HSBC take the opportunity to make more money and restrict the publics choice. Gazette article refers to the Law Society published letter but I would ask do we need a more concerted approach from government to make sure client choice is not restricted to the very few. Of the large number of law firms in England and Wales the majority are small High Street firms who will rely on conveyancing as a major source of their income. If they are excluded from these panels then they will be barred from this work type and income. Their firms will fail and choice will be severely restricted for members of the public.

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Written by Andrew Hodges

January 21, 2012 at 10:48 am

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