Buyers and sellers don’t respond to continued uncertainty – Residential Market Survey (IC)
Much of the anecdotal commentary from the survey respondents working in the market blames heightened economic and political uncertainty.
Benefits Of Offering Clients The Property Alert Service
Fraudsters are becoming increasingly sophisticated with the systems they use to commit property fraud, using new technology and the ability to access personal data.
Are Reservation Agreements Needed To Reduce Fall-Throughs (TC)
Introducing a legally binding agreement after acceptance of an offer will end the risk of a transaction collapsing and put an end to gazumping and gazundering.
Government keen to test reservation agreements to cut conveyancing stress (LSG)
Reservation agreements to lock in home buyers and sellers to a transaction could be trialled by March, a lead government official has revealed.
Restrictive Covenants On Freehold Property Causing Hostility (EAT)
Homeowners are angry and worried after finding out their new freehold properties they purchased is riddled with restrictive covenants and rent charges.
Regulation will drive more consumers to DIY approach, says agency boss (EAT)
The boss of a 15+ branch estate agency group has explained how he thinks regulation could ‘ruin’ the estate agency industry.
Modern method of auction ‘should become mainstream’ offering by agents (EAT)
The modern method of auction is sometimes called a conditional auction, giving bidders time to assemble their finances before going ahead with their purchase.
High Moving Costs Forces Clients To Find Conveyancing Deals (TC)
Homebuyers/sellers in the UK may have to shop around more to get the best deal on conveyancing due to record high moving costs across the country.
Auction firm reports record sales as sellers feel ‘urgency’ in the market (TC)
Private sales treaties will simply be unable to deliver sales between now and the end of this year, anxious vendors are being told.
Clients Choose Law Firms On Trust Not Price (TC)
Reputation and trust are more important than price to clients when it comes to choosing a law firm to help them with a legal matter.
Legal Ombudsman floats publishing ‘annual review’ of worst offenders (LSG)
Law firms attracting the highest number of complaints to the Legal Ombudsman could find themselves in a published annual review of their performance under new plans floated by the complaints […]
New estate agency comparison site close to fund-raising target (PIE)
A new platform allowing sellers to compare local estate agents, including their quotes for selling the property and their valuations, is crowd-funding.