CML Responds to FCA on Implementing the Mortgage Directive (IC)
The Council of Mortgage Lenders has submitted its response to the Financial Conduct Authority’s consultation on implementing the European Mortgage Credit Directive (MCD) in the UK, identifying four main areas […]
The strong future growth of conveyancing (TC)
See where the conveyancing industry is likely to be heading, on this concise infographic.
Online conveyancing venture calls for views (LSG)
Solicitors and other conveyancers have been invited to contribute views on the home-buying process in the run-up to the go-live of the electronic conveyancing portal backed by the Law Society.
Stamp duty reform “common sense” says top developer (EAT)
One of the biggest names in Scottish housing development has thrown his weight behind the replacement of stamp duty north of the border by the new Building and Land Transaction […]
Conveyancing portal seeks estate agents’ input (EAT)
Veyo, the new conveyancing portal developed by The Law Society and IT firm Mastek UK, wants to hear from estate agents on how they believe the home buying and selling […]
Principality Building Society Conveyancing Panel Update
In line with new CML Handbook changes Principality Building Society have updated their specific requirements relating to building insurance.
LeO: law firms should issue two retainers to consumer credit clients (LF)
Law firms should issue two separate retainers to clients where they are provided with consumer credit as well as purely legal services, the Legal Ombudsman (LeO) has suggested.
SRA fines firm £2,000 for role in stamp duty avoidance schemes (LF)
A small firm in Hertfordshire has become the latest law firm to be fined by the SRA for its involvement in a SDLT avoidance scheme.
Signs of a bumper season for agents – with happy buyers and sellers (PIE)
Early indications are that estate agents have enjoyed an extraordinary bumper festive period – more than repaying those who kept their doors open, perhaps longer than they had anticipated.
Warning to UK Home Owners Over Invasive Plant Controls (IC)
Buyers and sellers in the UK are being advised to check for signs of the invasive Japanese knotweed plant in gardens, or else they could face criminal prosecution.
Failure to undertake CPD will be “aggravating factor” in investigations, SRA warns (LF)
Failure to undertake CPD will be an “aggravating factor” when enforcement decisions are made against those guilty of incompetence, the SRA has said.
Robot brain could cut turnaround time (LSG)
Legal business Riverview Law is aiming to apply artificial intelligence to legal work under a partnership with a computer science faculty.