Buyer’s solicitor beware!

Is it safe to act for a purchaser in a property transaction?

The recent judgment in Dreamvar (UK) Limited v Mishcon de Reya has caused shockwaves in both the property and insurance markets. All solicitors who act for purchasers of residential property should read the judgment to understand the Court’s approach to the Conveyancing Protocol and Code for Completion by Post – documents which are used in thousands of transactions every week.