Tory tiff prompts gossip about yet another new Housing Minister (EAT)
There is speculation that either Jenrick or McVey – or possibly both – will have to go.
Pressure piles on portals to ensure listings spell out leasehold terms to buyers (PIE)
Pressure is increasing on agents and portals to ensure leasehold terms are spelled out in all property listings, amid concerns that there will be a government crackdown on mis-selling.
New Property Information Packs set to roll out this spring after trials with agents (PIE)
A new service, Property Information Packs, is to roll out nationwide within the next three months, aiming at speeding up conveyancing and reducing fall-throughs.
Solicitor duped by ‘fake’ wife fined for failing to check ID (LF)
An experienced solicitor has been fined £20,000 for misconduct after being duped into accepting that a woman was who she said she was because he did not require documentary proof.
Slow progress migrating land charge data (LSG)
HMLR remains optimistic about efforts to reform land charge data to make the conveyancing process less stressful – despite acknowledging that the work is going slower than expected.
Housing Secretary commits to redress scheme for leaseholders (PIE)
Housing Secretary Robert Jenrick has confirmed that leaseholders will get a redress mechanism as he promised that long-awaited legislation on reform of the controversial form of tenure is on its […]
Security chief tells agents ‘more to do’ over money laundering (EAT)
Estate agents and others in the property industry have much more to do to deter money laundering.
Estate Agent Guilty Of Conveyancing Fraud (TC)
Claire Louise Ainsworth has been found guilty of conveyancing fraud, whilst she worked for an online estate agent.
APPG recognises efforts of Law Commission to improve enfranchisement
The All-Party Parliamentary Group recognises the efforts of the Law Commission and welcomes efforts to make leasehold enfranchisement – extending leases and leaseholders’ buying the freehold – easier, simpler and […]
HMRC quietly drops AML application fee for estate agents (TN)
Decision is made to remove the £100 fee just 24 hours before the latest and 5th EU Anti Money Laundering directive passes into UK law.
Shock data shows UK agents amongst the worst paid in the world (EAT)
UK estate agents are amongst the worst paid in any country in the world according to new data.
Haggle with agents so you pay no more than 1% plus VAT, HomeOwners Alliance tells sellers (PIE)
Consumers are being advised that they should pay estate agents no more than 1% plus VAT for a sole agency contract.