SRA writes to 6,500 firms over AML assessments (LF)
The Solicitors Regulation Authority has written to 6,500 law firms asking them to make a declaration that they have a firm-wide risk assessment complying with the anti-money laundering regulations.
Reservation Agreements: two key problems that must be overcome (EAT)
A law firm has spoken out about two possible problems in the government’s much-publicised idea of considering Reservation Agreements as a weak of reducing fall-throughs in the house buying process.
Industry calls for clarity on Help to Buy
The property sector has called for clarification on what’s going to happen to the Help to Buy equity loan scheme after 2023.
Big Tory win: but agents warn over Stamp Duty and Section 21 (EAT)
It’s a substantial Tory government for the next five years: what does this mean for estate agents, property and the market?
Agents react to watershed election with Tories on course to win with large majority (PIE)
Agents are reacting favourably to news that the Conservatives appear to have won yesterday’s General Election with a large majority.
Homeowners Warned Of Freehold Property Abuse Scam (TC)
A practitioner who heads up a conveyancing team is warning homebuyers to be aware of a new scam which abuses freehold properties by placing onerous restrictions on new build freehold […]
Modern Method of Auction means ‘agents could earn a lot for not doing much’ – criticism (PIE)
The BBC radio programme You and Yours examined the ‘modern method of auction’ yesterday – with criticism that agents were not transparent with the costs.
Search professionals furious over ‘secrecy’ of official report which could affect conveyancing (PIE)
Professionals who play a crucial role in conveyancing are furious after being denied access to a government report.
CoPSO denied access to Government CON29 report
In March of 2019, the Council of Property Search Organisations issued a Freedom of Information Request to MHCLG for release of the Report.
Will Bamboo Replace the Invasive Japanese Knotweed? (TC)
There is a new weed on the block, called Bamboo, which could rival the invasive plant Japanese Knotweed, warns Environet UK.
AML Specialist Urges Government To Publish 5th AMLD Final Regulations (TC)
With less than one month to go until the Fifth Money Laundering Directive is implemented by the Government, an Anti-Money Laundering expert is urging the Government to take immediate action […]
Level of ‘risky lending’ by the banks to home buyers hits new high (PIE)
The level of high loan-to-value lending has hit the highest rate since the financial crisis.