LCRO 1/2023 EL v OX (17 December 2024) [pdf, 176 KB]
...considered to exist. It said:5 Whilst there is an inherent conflict in this role, it is also common practice for lawyers to act for both the purchaser and the purchaser’s mortgagee. [20] The Committee referred to r 6.1 of the Conduct and Client Care Rules6 which requires that there be more than a negligible risk that the lawyer may be unable to discharge obligations owed to both clients before a conflict of interest exists. [21] The Committee did not consider this to be the case....