Law firm Norman Saville & Co of London and Birmingham has been closed down by the Solicitors Regulation Authority (SRA).
The intervention protects the immediate position and safeguards documents and clients’ money. The SRA has appointed a law firm, Russell-Cooke Solicitors, which has collected clients’ files and is keeping them safe.
However, the principals of Norman Saville & Co, Kiran Nahar and Farhat Malik-Masud, issued proceedings to challenge the intervention and those proceedings are ongoing.
Goldsmith Williams says that the recent closure of the law firm Norman Saville & Co, which also traded as UKconvey, should act as a salutary reminder to all mortgage brokers to only recommend conveyancing firms which they know are well founded and can offer their clients a high quality service.
Eddie Goldsmith, senior partner at Goldsmith Williams, said: “There is a flight for quality currently taking place in the mortgage industry