Government confirms new UK registry of foreign property owners will be created (PIE)
The Government is to introduce a new register of property ownership that will be the first of its kind in the world, set up to tackle corruption and money laundering.
HMRC wins ruling over scheme claiming to cut stamp duty on homes (EAT)
HM Revenue and Customs has won a key ruling concerning a tax avoidance scheme promoter which claimed to be able to cut stamp duty on property by up to 60 […]
SRA unveils sweeping reforms to indemnity insurance and compensation fund (LF)
The SRA has unveiled its second attempt to reduce the compulsory level of professional indemnity insurance to £500,000 – although conveyancers would have to secure £1m in cover.
SRA proposes to limit compensation fund and slash minimum PII cover (LSG)
These plans would effectively see the fund transformed into a ‘hardship’ pool for those wronged clients who are most in need.