Some homeowners regret buying their property
Nearly half (44%) of British homeowners would not buy their home again if given the chance, research from home interior company www.Hillarys.co.uk found.
500,000 Trapped In Unsafe Homes (TC)
Over half a million people could still be living in unsafe buildings clad in flammable materials.
Why hasn’t EWS1 restarted the market in flats caught in the cladding scandal?
Why the attempt to fix the claddinhg and mortgage crisis is not working.
Unusual estate agency branch that doubled as legal service shop closes (TN)
High street branch that mixed legal services including wills and conveyancing plus residential sales has shut up shop.
Property Information Form in spotlight after sellers face £285k bill (EAT)
Sellers who failed to mention a motel and diner being constructed nearby have been ordered by a court to pay £285,000 to buyers to cover their deposit and damages.
“Redesign legal services” to make them more accessible (LF)
The way legal services are provided needs to change to recognise that a large portion of the population struggles with the law and needs more help with accessing it, a […]
Former owners told to pay £300,000 after not telling buyer’s that Motel would be built ‘next door’
A couple who failed to tell the buyers of their £1m property about plans for a nearby American-style diner and motel now face a £300,000 bill after losing their court […]
“Fat cat freeholders” would be stopped by Commonhold – claim (EAT)
The government is being urged to make commonhold ownership compulsory on all new apartments – and the move could even begin a long-term phasing out of the increasingly controversial leasehold […]
Conveyancer claims pioneering app will speed up transactions (EAT)
A conveyancing firm has launched what it claims to be one of the first ever apps for vendors and buyers in England and Wales.
CLC moves closer to approving third-party managed accounts (LF)
Firms of licensed conveyancers will only be able to use third-party managed accounts (TPMAs) if it is in each client’s best interests, their regulator has proposed.
Number of conveyancing firms falls to new low (LF)
The number of conveyancing law firms has fallen to a new low as the market felt the “full brunt” of Brexit-related political and economic uncertainty last year, new research has […]
Negative equity warning to Help To Buy borrowers (EAT)
The Financial Conduct Authority has issued a shock warning that mortgage borrowers who purchased properties through the Help To Buy scheme face the risk of negative equity.