Leading agent backs reservation agreements ahead of pilot project (EAT
One of the country’s most prominent estate agents has given renewed backing to a pilot project on reservation agreements, being tested as a way of reducing fall-throughs.
Housing minister calls for proptech revolution to let buyers see if they could get a seat on the train (PIE)
Housing minister Esther McVey has called for a digital revolution in the property sector.
Crackdown on Money Laundering (TC)
Regulators are becoming increasingly stringent on the way law firms comply with anti-money laundering (AML) procedures.
Reservation Agreements: more details emerge of New Year trial (EAT)
The Ministry of Housing, Communities and Local Government has given more details of the trial of reservation agreements likely to take place in the first quarter of 2020.
Huge shake-up of sellers’ information being considered (EAT)
First details have emerged of the information vendors may have to provide up-front In future transactions if government house buying reforms are implemented – and they are nothing less than […]
Technology Drives Modern Buyer Property Preferences (TC)
Technology is driving change in consumer behaviour when buying property with internet quality superseding structural considerations like the quality of insulation and the condition of floors and walls.
Over a year – that’s the average time to sell in parts of the UK (EAT)
Data from an agency comparison website reveals that in the current market it takes well over a year for a home to sell in several parts of the UK.
Named and shamed: local councils with the slowest searches (EAT)
A trade body has sharply criticised HM Land Registry for its slow progress on digitising local searches after a promising start 18 months ago.
Call to scrap stamp duty for so-called ‘last time buyers’ (EAT)
An equity release specialist says the scrapping of stamp duty for so-called last time buyers would lead to more downsizing, freeing up larger properties and allowing more flexibility in the […]
CoPSO Frustrated By HM Land Registry Project (TC)
The Council of Property Search Organisations feel frustrated by the speed and reduced uptake in the adoption of HM Land Registry’s digital Local Land Charges centralization project.
New Chief Executive appointed to HM Land Registry
Simon Hayes has been appointed as the new Chief Executive of HM Land Registry.
Reservation Agreements to be trialled in the New Year (EAT)
Reservation agreements locking in buyers and sellers could be trailed with some agencies and conveyancers early in 2020, a government official has revealed.