The next PPI scandal? Help to Buy home owners ‘overpaying’ for their properties (PIE)
First-time buyers are paying an 8% premium on Help to Buy properties compared with other new-builds.
Innovative use of technology could revolutionise the land registration and property buy-sell process (LSG)
There is broad consensus that the home-buying and selling process in England and Wales could be simpler and faster. Cheaper? The jury’s out.
Government to make new homes freehold with ground rents capped (EAT)
The vast majority of new-build houses are to be sold as freehold with ground rents for new leases capped at £10 under new government proposals.
Government moves to stop ‘anyone setting up as agent’ (PIE)
The Government has this morning announced a new working group, which will report back next summer on regulating all agents right across the sector.
Government unveils new body ‘to raise agency standards’ (EAT)
The government has unveiled a new body which, it claims, will raise agency standards.
Help To Buy Could Be The Next PPI Scandal (TC)
A new report carried out by home move company Reallymoving.com has speculated that the Help to Buy scheme could become a similar scandal to PPI.
Rightmove is warned it could be referred to Competition and Markets Authority over fees hike (PIE)
Rightmove is set to face a possible legal challenge into its hiking of fees.
SRA Release Waiver Register Information (TC)
The Solicitors Regulation Authority (SRA) have released its register of waivers which allows certain exemptions for specific rules that do not apply to individual firms.
UK Watchdog Proposes Tougher Rules for Property Funds (IC)
The FCA proposed a package of rules and guidance for funds that hold illiquid assets including commercial property that are hard to sell in stressed market conditions when investors often […]
Land Registry: help us make conveyancing cheaper (LSG)
HM Land Registry has urged its customers to provide all the information it requires to make the conveyancing process simpler, faster and cheaper – publishing a charter to help deliver […]
Pressure mounts on estate agents to disclose referral fees upfront (PIE)
The housing minister has stressed the importance of estate agents disclosing their referral fee arrangements upfront.
Call to protect compliance officers who report solicitors to SRA (LSG)
There should be specific protection against victimisation for compliance officers who report their solicitors to their regulator, the Law Society has argued.