Most customers do not read reviews before choosing an estate agent (PIE)
A huge majority of sellers do not bother to read reviews before appointing an agent – and there is enormous scepticism about the reviews themselves.
Traditional agents blame onliners for chain delays and fall-throughs (EAT)
Agents who do not chase-up on behalf of clients are leading to delays and fall-throughs in chains – with traditional agents sometimes having to do the work instead.
The need for residential property leasehold change is laid bare (IC)
Ministers have pledged to sort out the leasehold scandal after it was revealed that the owners of new builds have seen ground rents rise by thousands of pounds after the […]
Number of leasehold homes higher than first thought (TC)
Recent government data has revealed that the number of leasehold homes in England is much greater than was previously thought.
SRA ‘driving uncertainty’ and dismissing solicitors’ views – Law Society (LSG)
The Law Society has accused the Solicitors Regulation of ignoring solicitors’ views in a forthright criticism of the regulator’s approach.
Survey reveals extent of leasehold advice (TC)
A survey conducted by the Bold Legal Group has revealed how firms inform their buyer when entering into a leasehold arrangement.
Automated conveyancing system claims to transform buying process (EAT)
Another attempt to create an automated conveyancing system has been launched with the claim that it will banish paper trails and manual chasing.
‘Chain breaker’ estate agency to launch in major cities in 2018 (EAT)
Nested, the chain-breaking estate agency that offers vendors a guaranteed sale of their property within 90 days, is to expand beyond its current market of London.
Cost of mortgage fraud three times higher than first thought (TC)
It has emerged that a mortgage fraud which took place earlier this year was actually for an amount three times higher than was first thought.
Commonhold ‘could be the solution to leasehold abuse’ (LSG)
A 13-year-old property ownership system branded by critics as a ‘failed tenure’ could be the answer to eliminating leasehold abuse, a trade body has suggested.
Pre-prepared information could tackle leasehold abuse – Society (LSG)
English property law needs ‘sensible changes’ rather than a complete overhaul to stop abuse involving leaseholds, the Law Society said today, suggesting that new houses should be sold freehold unless […]
Ex-NAEA chief tells government stamp duty should be paid by sellers (EAT)
Simon Gerrard, a past president of the National Association of Estate Agents, has called on the government to switch the burden of stamp duty payments from buyers to sellers.