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Really not too sure how to take this. It is hardly earth shattering news is it?
Okay the SRA have made a move towards getting involved in the shambles that is conveyancing practice. But what are they going to do next? My understanding is that incompetence is not a crime? Were it then we probably would not be in the mess we are now as all these awful firms that are the bane of our lives as professional conveyancers, would not exist in the first place. A phrase involving stable doors springs to mind.
Although I guess somebody somewhere is going to be made an example of, as the SRA fees they need to recover are no doubt considerable.

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