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Day: 2 August 2022

BoE affordability test dropped

The Bank of England has withdrawn its mortgage affordability test as of today.

Directions under the Land Registration Act 2002

The Chief Land Registrar may publish directions for facilitating registration.

Land Registration Rules 2003

Current version of the Land Registration Rules 2003, showing the net result of amending legislation.

Lender turning away second homeowners “over-stepping the mark” (TC)

The announcement by the Leeds Building Society that it would no longer lend to second homeowners “exceeds their role as a lender”, according to a leading property firm.

Solicitors could be jailed for new property register failures (LF)

Solicitors could be jailed or fined for failures in the way they verify entries on the register of overseas entities (ROE), which went live yesterday.

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