Yusuf Siddiqui
Solicitor
469225

Decision - Prosecution

Outcome: Referral to Solicitors Disciplinary Tribunal

Outcome date: 26 March 2024

Published date: 18 July 2024

Firm details

Firm or organisation at date of publication and at time of matters giving rise to outcome

Name: YJS Legal

Address(es): 18 Golders Green Road, London NW11 8LL

Firm ID: 800672

Outcome details

This outcome was reached by SRA decision.

Reasons/basis

This notification relates to a Decision to prosecute before the Solicitors Disciplinary Tribunal. This is an independent Tribunal which will reach its own decision after considering all the evidence, including any evidence put forward by the Solicitor.  The Tribunal has certified that there is a case to answer in respect of allegations which are or include that Mr Siddiqui :- 

1. From 31 January 2023, failed to maintain accurate and compliant books of accounts and in doing so failed to show that the Firm held sufficient funds in its client bank account to match its liabilities to clients. 
2. On or around 20 November 2022 in relation to the transfer of the property, failed to conduct a proper assessment of his client's capacity to provide instructions. 
3. From 20 November 2022 and throughout the period of the retainer acted for and was instructed by two current clients and in doing so acted where there was a conflict of interest of a significant risk of a conflict of interest between two current clients. 
4. During the transaction of the property transfer, failed to consider his client's right to remain at the property following completion of the property transaction. 
5. During the transaction to transfer the property, charged his client a disproportionate and unjustified fee.
6. Allowed client money to be transferred into his personal bank account and subsequently failed to ensure that this was paid promptly into a client account.

The allegations are subject to a Hearing before the Solicitors Disciplinary Tribunal and are as yet unproven.