Purplebricks told to “slow growth” and “get its house in order” by City analyst (EAT)
After a roller-coaster day on the Stock Exchange yesterday, Purplebricks’ shares face a new attack today as City consultancy Jefferies predict they will “under-perform”.
Purplebricks: Ombudsman ‘happy’ with controversial deferred payment scheme (EAT)
The Property Ombudsman has told Estate Agent Today that it is happy with the controversial deferred payment scheme operated on behalf of Purplebricks, which was the subject of a BBC Watchdog […]
HMLR trial wider rejection criteria for first registrations (TC)
HM Land Registry has announced that they will soon be testing wider rejection criteria for first registrations.
New guidance on overseas companies released by HMLR (TC)
HM Land Registry has recently launched a new practice guide on overseas companies and limited liability partnerships.
Purplebricks boss defends ‘exaggerated claims’ allegation by BBC programme (PIE)
Purplebricks was put under the spotlight today in the BBC’s You and Yours programme. It is also to be featured tonight on BBC1’s Watchdog.
Dive in profits for developer as leasehold mis-selling scandal looms large (PIE)
Developer Taylor Wimpey’s profits have dived 24% after the firm set aside £130m to help buyers hit by the leasehold scandal.
Law firm responds to leasehold consultation (TC)
Responding to the paper was law firm, Hart Brown, who gave their views on issues including “pet solicitors” as well as a “right of refusal.”
HIP, HIP, Hooray – The Other 10-Year Anniversary (EAT)
You’ll see a lot of 10th anniversary stories in the property industry and consumer media in the coming days: early August marks a decade since the start of the credit […]
Extra Stamp Duty ‘has not deterred landlords so far’ as HMRC receipts rise again (PIE)
Landlords may be complaining about the extra Stamp Duty charges but that doesn’t seem to be stopping people buying additional properties.
SRA to publish research on conveyancing complaints (TC)
The Solicitors Regulation Authority is set to publish research into conveyancing by the end of this year.
Solicitor rebuked for taking instructions from client’s daughter (LF)
A conveyancing solicitor has been rebuked and fined £2,000 after he dealt entirely with the daughter of the owner of a property in whose sale he acted, only for it […]
Buyers have themselves to blame, not solicitors, over leaseholds, say conveyancers (LF)
Conveyancers have hit back at suggestions they should have prevented the scandal of new homes being sold as leasehold properties with rapidly escalating ground rents, which the government announced plans […]