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The Solicitors Regulation Authority intervened and the 2 principals of the firm have been struck off for fraudulent misuse of shopper cash. Upon alternate of contracts a deposit of £96,000 was paid on phrases, considerably unusually, that it's held by the seller's solicitors as brokers for the seller (reasonably than the normal position the place it is held by the vendor's solicitors as stakeholder and cannot go to the seller without the buyer's consent).
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