SRA proposes to limit compensation fund and slash minimum PII cover (LSG)
These plans would effectively see the fund transformed into a ‘hardship’ pool for those wronged clients who are most in need.
Countrywide, Connells accused of pressuring buyers over in-house mortgages (EAT)
A magazine claims its investigations into the sales tactics of Countrywide and Connells suggest the two agency are “harming consumers, stopping them from getting the best deals and even causing […]
Property transactions slide again, but are the public to blame for not taking agent pricing advice? (PIE)
New Land Registry data shows an increasing decline in transactions.
Law firms appoint anti-money laundering chiefs as quango looms (LSG)
Law firms have responded positively to requirements to appoint executives to oversee anti-money laundering provisions.
‘First ever UK resi transaction undertaken through Blockchain’ – claim (EAT)
A Manchester-based property investment firm is claiming to be the first company in Britain to record an online exchange of a property using the Blockchain technology.
Conveyancers “doing a decent job” but leasehold information a concern, says SRA
A fifth of those buying leaseholds do not recall their solicitors giving them key information such as the length of the lease remaining, service charges and ground rent, according to […]
Just one dodgy scheme could drain solicitior’s compensation fund (LSG)
A single ‘get-rich-quick’ investment scheme that goes bad could wipe out the £48m compensation fund, the chief executive of the Solicitors Regulation Authority warned.
Room for improvement’ on conveyancing clarity – SRA
Three-quarters of people who buy or sell a home are happy with the conveyancing services they receive, according to research published by the solicitors’ regulator.
How does a solicitor affect the outcome of a deal? (PIE)
What makes a good solicitor?
Big drop in use of Section 21 notices is because they are just too slow and difficult (PIE)
Using Section 21 to evict a tenant is no longer the fastest way for a landlord needing to possess a property, an eviction specialist claims.
Britain’s biggest conveyancer launches real-time online sales progression tool (PIE)
Estate agents using My Home Move for conveyancing can now track the progress of transactions online using a new dedicated eWay portal.
Half of sellers have no problems with their estate agent – leaving half that do, says Which? (PIE)
Sellers are almost evenly split in their experiences of estate agents, with 48% having had no problems, but 47% having had at least one issue.