Concern over ‘unrealistic’ conveyancing expectations ahead of stamp duty deadline (LSG)
The Law Society is urging people wanting to buy or sell a home during the temporary stamp duty holiday to have realistic expectations about completing before the 31 March deadline.
Half of all superprime agents breaking AML law, says shocking new report (TN)
Latest National Risk Assessment of AML and terrorist financing says government is taking action against agents involved, who sell £5m+ homes.
Budget date is in time for U-turn on stamp duty holiday extension… (EAT)
The next Budget will be held on March 3 next year – in time for Chancellor Rishi Sunak to change his mind over extending the stamp duty deadline.
Almost a third of buyers will pull out if they miss SDLT deadline (PIE)
A survey of people currently purchasing property suggests almost a third may pull out if they look likely to miss the stamp duty holiday deadline.
Madness! Government refusal to extend SDLT holiday provokes anger (EAT)
Agents and property experts have reacted angrily to the government’s refusal to extend the stamp duty holiday.
An unprecedented 2,206% increase in property ‘fall-throughs (PIE)
There has been a 2,205.5% rise in fall through activity since the beginning of June 2020, according to the latest fall-through analysis by BriefYourMarket.com.
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Government not planning to extend the stamp duty holiday (PW)
In response to a petition, the government has said: “The SDLT holiday was designed to be a temporary relief to stimulate market activity and support jobs that rely on the […]
No extension to SDLT holiday announced by Treasury (TC)
The Treasury has announced that there will be no extension to the Stamp Duty Land Tax (SDLT) holiday, with the deadline looming for 31 March 2021.
Could down valuations lead to professional negligence claims? (EAT)
Down valuations could leave some surveyors liable to professional negligence claims, a law firm says.
New Help to Buy scheme ‘is more complex’ (MS)
Experts query how beneficial the new Help to Buy: Equity Loan scheme will be, given it is restricted to FTBs and there is still a lack of high-LTV products.
Warning: Emails misusing the names of Anthony Macpherson and John Harding of Kingsley Napley LLP
Emails have been sent misusing the names of Anthony Macpherson and John Harding of Kingsley Napley LLP.