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The Solicitors Regulation Authority intervened and the two principals of the firm were struck off for fraudulent misuse of consumer cash. Upon trade of contracts a deposit of £ninety six,000 was paid on terms, somewhat unusually, that it's held by the seller's solicitors as brokers for the seller (rather than the conventional position the place it's held by the vendor's solicitors as stakeholder and cannot go to the seller with out the client's consent).
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