Belt and braces protection for your money
Instructing a Solicitor gives you absolute assurance over the safety of your money. Solicitors must take out professional indemnity policy to protect client interests.
Additionally, all solicitors contribute to a central fund known as the ‘SRA Compensation Fund' that guarantees financial protection to clients in the event of negligence, misappropriation of funds or SRA intervention.
Instructing a solicitor gives clients the complete peace of mind that in the unlikely event of anything going wrong, their funds are protected.
For more information on how the SRA regulate solicitors see: SRA Regulate