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The Solicitors Regulation Authority intervened and the 2 principals of the firm were struck off for fraudulent misuse of consumer money. Upon exchange 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 (rather than the normal place where it's held by the vendor's solicitors as stakeholder and cannot pass to the vendor without the customer's consent).

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