HMLR accelerates move towards digital applications (TC)
HM Land Registry (HMLR) have announced that from November this year, all portal AP1 applications must be submitted using the Digital Registration Service.
Gvt speeds up bill to stop money laundering through property (MS)
Foreign owners of UK property will be required to register their real identities in the new Economic Crime Bill the government has fast tracked following the Russian invasion of Ukraine.
Upcoming changes to planning policy will hurt market for second homes in Wales (TC)
Regulating second home ownership in Wales through changes to planning policy will add complexity to the buying and selling process, meaning potential delays and costs for sellers and agents, according […]
BLG summer conference set to launch this June in London (TC)
Bold Legal Group (BLG), the membership organisation for the conveyancing community, has announced that it will launch its inaugural summer conference on Tuesday 28th June at Regent’s Conferences & Events, […]
Agents told to review client identities against sanctions list (EAT)
Agents are being told by a trade body to conduct more frequent risk reviews and check purchaser identities against up to date sanctions lists released by the government.
Digital Registration Service
HM Land Registry portal users can use the new Digital Registration Service to submit HM Land Registry applications online.
HM Land Registry: digital applications
We’re changing the way you create and submit AP1 applications using the portal.
Bank of England considers dropping mortgage affordability test (TC)
The Financial Policy Committee (FPC) of the Bank of England has published its consultation on the proposal to withdraw the mortgage “affordability test”, which specifies a stress interest rate for […]
Rise in property transactions predicted despite rates rise… for now (TC)
The Bank of England has released its monthly data on total mortgage approvals for house purchase, showing 73,922 approvals during the month of January.
City law firms prepare to drop Russian clients after Ukraine invasion (LSG)
Leading UK firms are considering dropping Russian clients as the war in Ukraine intensifies and the spotlight falls on the legal profession’s links to the country.
Warning: Fax misusing the name of Solicitor Anthony Armitage
A fax has been sent misusing the name of Anthony Armitage.
Warning: Website claiming to be a law firm called PCP Claims Team
The websites at ‘www.pcpclaimsteam.co.uk’ called PCP Claims Team is operating claiming to be a law firm.