Lender claims dealt a blow by Supreme Court (TC)
The Supreme Court handed down its much-anticipated judgment in the case of Tiuta International Limited (in Liquidation) v De Villiers Surveyors Ltd [2017] UKSC 2016/0156.
Philip Hammond’s Budget won’t fix Britain’s broken housing market, says industry leader
Philip Hammond’s Budget has failed to deliver the “bold” changes that were needed to fix Britain’s housing crisis, the head of the National Housing Federation has said.
Online agent deposit/conveyancer scheme claims 100% completion rate (EAT)
Settled is introducing a deposit scheme which it claims will assist sellers and buyers reach completion faster, “helping to speed up the legal stage of the sale by up to […]
New DIY online agency launches charging vendors £65 and with over 300 local experts (PIE)
A new DIY online estate agency has thrown down the gauntlet to the high street amid some mystery, as it launched this week, charging sellers £65 and with over 300 ‘qualified […]
Millennials will not be worse off than the Baby Boomers in retirement…But only if they get on the housing ladder
Millennials will not have worse pensions than baby boomers, a report has claimed, but only if they get on the housing ladder in time to have paid off their mortgage […]
Chains getting more fragile as market weakens, warns estate agency (EAT)
The London-focussed estate agency Cluttons says chains in central London are becoming increasingly fragile thanks to general uncertainty in the wider economy leading to more nervous purchasers.
Estate agents could face fines of up to £50,000 as new-build consumer code launches (PIE)
Estate agents selling new-builds on behalf of developers could be held liable for claims of up to £50,000 from disgruntled buyers when a new code of conduct launches this week.
Leasehold Restrictions – the changes that need to be made (TC)
On the 19th October, HM Land Registry (HMLR) started its stakeholder consultation on Leasehold Restrictions with a conference in London where speakers such as ARMA, The Law Society and the […]
New builds account for just 14% of property sales in England and Wales (TC)
New research shows that new build homes made up less than 14% of total property sales in England and Wales during 2016.
Ten ways for agents to prepare for new data protection rules (PIE)
Estate and letting agents in the UK are six months away from the introduction of the EU-wide General Data Protection Regulation (GDPR).
Safe as houses? (LSG)
More work could land on conveyancing solicitors’ desks following the abolition of SDLT for first-time buyers purchasing homes.
Remortgaging rockets ahead of November interest rate hike, as new mortgages fall to fresh low
Remortgaging was pushed to an eight year high last month as borrowers looked to lock in deals ahead of November’s interest rate rise, and as growth in other forms of […]