Kingsway Square Limited Buyers

Please refer to the attached Warning Notice provided by the Solicitors Regulation Authority (SRA) and issued to all regulated solicitors, which include the solicitor firm retained by you to undertake the conveyance of your purchases for apartments in the Kingsway Square Limited property schemes.

Please note, it is very likely your solicitor retained for the purchase/s in the Kingsway Square Limited property schemes may have contravened the SRA Warning Notice and is therefore likely to be liable to you for damages.

This means your deposit paid and the cost of any furniture package you have committed would be wholly recoverable from your retained solicitor or their professional indemnity insurer. Please contact us to assess your eligibility for this recovery.

There is no payment to join this Third-Party Action. The only payment is from the Award itself.

If settlement is reached before legal proceedings are initiated, it is typical to anticipate a favourable outcome within 12 months. However, if proceedings are initiated and a court hearing date is scheduled, the resolution may take up to 24 months. Nevertheless, based on our experience, these claims tend to settle before reaching a court hearing due to the strong evidence supporting them. We will provide updates as significant events occur during the claims process.

In legal terms there is not a finite time to bring about a Third-Party Claim. Generally speaking, this period is 6 years from the date of the breach of contract. This link provides helpful detail on the matter.

This means if purchasers are waiting for dividends from the Administration process, which is likely to take 3-5 years, they will be time barred from taking any future action.

There is always a risk with litigation. However, the lawyers are very confident with the evidence they have that there is a strong case for negligence and that proceedings may settle out of court.

We have a proven track record in claims such as this, which can be viewed on our sister website here. The lawyers are experts in their field and are confident of a positive outcome though there is always a risk with litigation. However, to date, and at this stage, our success record is 100%.

We do understand you feeling vulnerable in this situation; however a leading reputable London law firm has been retained to take action against your conveyancing solicitor - they have considerable experience in such cases, and are very confident of a successful outcome and will be working in your best interests at all times. We have a successful track record in claims such as this, which can be viewed on our sister website here and our Trustpilot reviews can be found here.

The claim will be made against the Professional Indemnity insurers of the conveyancing solicitor; therefore, the trading status of your conveyancing solicitors does not matter.

UK Company Review is a trading style of Insolvency & Law, a multi-award-winning consultancy firm serving company directors, business owners, and individuals with specialist insolvency and debt-related solutions. Established since 2009, incorporated and based in England and Wales.