Growing use of AI to give law firm insurers headaches (LF)
There may need to be some coverage disputes before professional indemnity insurers work out how to deal with bad advice given by artificial intelligence systems used by lawyers, a leading […]
Surge in overseas buyers ahead of latest stamp duty surcharge (EAT)
A leading London estate agency is reporting a surge in overseas buyers sealing deals ahead of the government’s new stamp duty surcharge on foreign purchases.
Consultation on anti-money laundering draws just a yawn from estate agents (PIE)
A consultation on money laundering has drawn so few responses that its deadline has been extended.
Property Hijacker Stopped And Jailed (TC)
A dishonest daughter turned ‘property hijacker’ has been jailed for three years following the attempted sale of her father’s home whilst he was in a care home and his wife […]
Land Registry aims for first digital property transfer (LF)
The Land Registry has set itself the target of completing the first fully digital transfer of a property in the coming year to prove the value of smart contracts.
LSB: Regulators making “good progress” on publishing prices (LF)
The frontline regulators are making “very good progress” in improving price transparency, the Legal Services Board has said.
“Ridiculous” moving day delays hit almost one-in-five buyers – claim (EAT)
Just under one in five buyers in the past two years have suffered moving day delays, either because funds have been late arriving with conveyancers or because sellers have been […]
Agent warns leasehold reforms will make current new build stock harder to sell (PIE)
The Government has faced an almost immediate backlash after unveiling yet another consultation on leasehold reform.
Conveyancing clients “not as satisfied as surveys suggest” (LF)
A member of the Legal Services Consumer Panel has questioned the findings from the panel’s own research that showed consumer satisfaction with conveyancing is high.
Leaseholders demand compensation from conveyancers over ground rent advice (LSG)
A law firm has written to conveyancers on behalf of 500 leaseholders demanding compensation.
Government reforms to leasehold are pathetic and flawed
Today’s government crackdown on ground rents is a damp squib: it proposes setting them to £10, but only … after yet another consultation!
Government announces crackdown on leaseholds for new-build houses (PIE)
Almost all new-build houses will in future have to be sold as freehold, and ground rents will be capped at just £10 a year.