Land Registry sale may not compute (LSG)
Technology could make the title register less attractive to private buyers.
Budget 2016: higher stamp duty rates confirmed (LSG)
‘Significant investors’ will not be exempt from higher stamp duty land tax rates for additional properties, HM Treasury has confirmed.
Money laundering: Almost no reports of ‘suspicious activity’ coming from estate agents (PIE)
The National Crime Agency has now published its annual review of Suspicious Activity Reports – in simple terms, where someone suspects possible money laundering and has reported it.
Former Poundland owner lining up to buy Land Registry (TC)
A private equity firm which currently owns DFS Furniture is reportedly planning a £1 billion takeover of the Land Registry.
Law Society’s Investigatory Powers Bill concerns raised by Andy Burnham MP
Shadow home secretary Andy Burnham MP raised the Law Society’s concerns over legal professional privilege, during the second reading of the Investigatory Powers Bill in parliament on Tuesday.
Third-party complaints back on LeO’s agenda (LSG)
Third-party complaints and a revised case fee structure are on the Legal Ombudsman’s agenda for the coming year.
Agent hit with largest-ever money laundering fine wins appeal (PIE)
The agent hit with the largest ever anti-money laundering fine has won its appeal after a gruelling two-year battle against HMRC.
CHAPS extension will increase moving costs, warns removals firm (EAT)
A removals firm is warning that changes to the CHAPS system could see home movers paying more to relocate.
Right-to-Buy to be suspended by fourth Welsh local authority (TC)
Right-to-Buy is disappearing from Wales with a fourth council set to suspend the policy, citing diminishing stocks and large waiting lists.
Chancellor implored not to go ahead with ‘madness’ of property taxes (PIE)
Conveyancers have told George Osborne that he should scrap or water down his Stamp Duty Land Tax proposals.
Lawyers told to inform agents if stamp duty deadline cannot be met (EAT)
The Law Society is calling on its members to warn not just clients but also estate agents if there is a possibility that current transactions for ‘additional homes’ may fail […]
Government trumpets 150,000 Help to Buy completions (TC)
Government trumpets 150,000 Help to Buy completions. 150,000 completions have been made under the Department for Communities and Local Government’s Help to Buy equity loan and mortgage guarantee programme since […]