Breach of CML as Professional Misconduct
We have been advised of a prosecution by the Law Society against a solicitor in respect of mortgage transactions in which the solicitor failed to carry out certain of the requirements of the CML (Council of Mortgage Lenders) Handbook. We attach an anonymised text of the findings and outcome and reasons for decision in relation to this prosecution.
CML decision
in the notes attached to the official report of this case 'the Tribunal is concerned to note that matters only came to light due to an inspection by the Law Society'. Could the Tribunal chairman be invited to give reasons for his concern?