Builders should be advised accordingly (TC)
Home buyers from Taylor Wimpey have allegedly been failed by their conveyancing solicitors and are contemplating taking action, according to Leasehold Solutions.
Labour to ban new houses being sold as leasehold
The promise, by Labour’s shadow secretary of state for housing John Healey, comes just days after the government, in answer to a question in the House of Commons, pledged to […]
Conveyancers back ‘pre-contract packs’ for buyers (LSG)
Conveyancing solicitors are overwhelmingly in favour of ‘pre-contract packs’ to speed up the homebuying process, a straw poll of the sector suggests.
Conveyancers rapped over the way they communicate with ‘nervous breakdown’ buyers and sellers (PIE)
The home-buying process is an “imperfect market” that conveyancers must brush up their communication skills.
HSBC Introduces Independent Advice Requirements for ‘Unequal’ Borrowers (IC)
In a recent change to their CML Handbook Part 2 requirements, HSBC have imposed new obligations on their conveyancing panel when it comes to advising joint borrowers.
CLC Business Plan for 2017 and Annual Regulatory Return Analysis Published (IC)
The CLC has published two documents that will underpin its work in 2017 and beyond: the Annual Regulatory Return Analysis 2016 and its business plan for 2017.
Don’t doubt value of money laundering prevention (TC)
Due to conveyancing transactions usually being of high value as well as their ability to take place without raising suspicion, they are a favoured method of laundering money.
Original documents no longer needed for first registration lodgements (TC)
Conveyancers can now lodge first registration applications without the need for original deeds and documents being sent.
Firm warns of “wave of litigation” against new-build conveyancers (EAT)
A firm is warning of “a wave of litigation from home owners who were given inadequate advice from their solicitors or valuers.”
Sales to First Time Buyers at Highest Level on Record (IC)
A third of sales in October were made to first time buyers.
ABS “engenders more entrepreneurialism” among conveyancers (LF)
Alternative business structures are far more likely to invest in their businesses than non-ABSs, research in the licensed conveyancer community has suggested.
Leasehold group wants conveyancers’ home moving reforms to go further (EAT)
Leaseholds Solution – the company behind the Association of Leasehold Enfranchisement Practitioners – says it wants recent proposals to modernise the home moving process to go further.