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Category: News

Super regulator brings CPD back from the grave (LSG)

The three five-year policy objectives include, that regulators have appropriate frameworks for continuing assurance of professional competence throughout the careers of the people they regulate.

Gambling Commission shuts down property raffle as question was ‘too easy’ (PIE)

A retired couple trying to sell their property in an online raffle have been forced to remove the competition and refund entrants.

Legal Ombudsman proposes technical changes to scheme rules (IC)

These changes are not substantive. They are made in recognition of the new provisions in the Financial Guidance and Claims Act 2018 and are intended to become effective from 1 […]

Reform in store for ‘unnecessarily complicated’ Welsh planning law (LSG)

Unnecessarily complicated’ planning law has been earmarked for simplification and codification in the latest move to create a distinct separate corpus of law governing Wales.

Developer’s scam leaves buy to let purchasers £12m out of pocket (EAT)

Six directors have been banned from office after misleading over 300 people who bought new build homes in the north of England.

Phil Spencer slams developers over leasehold houses (EAT)

Developers have continued to sell thousands of new-build houses with leaseholds, despite a government pledge to ban the “unscrupulous” practice a year ago.

£10,000 Property Reduction Caused By Consecutive Monthly Price Falls (TC)

Rightmove’s December property index has found that two consecutive and significant property price drops has meant that properties are now £10,000 cheaper than they were three months ago.

Conveyancer who overcharged for search fees is suspended (LF)

A solicitor who regularly overcharged clients for search fees and transferred money from client to office account without their consent has been suspended for two years by the Solicitors Disciplinary […]

Scottish Budget raises its version of Stamp Duty surcharge from 3% to 4% (PIE)

The Scottish Government has proposed raising the levy on its version of the Stamp Duty surcharge, the Additional Dwelling Supplement, for purchases of additional properties, from 3% to 4%.

RICS expands approval of The Property Ombudsman service (LSG)

From 1 January 2019, The Property Ombudsman will be approved by RICS to provide Alternative Dispute Resolution on all surveying services provided to consumers.

Number of conveyancing firms at all-time low (LSG)

Large firms are dominating the conveyancing sector as their smaller competitors fall victim to market consolidation, analysis of Land Registry data suggests.

Leap Best Practice scheme celebrates a year on from launch (IC)

Best Practice scheme helps law firms mitigate risk, increase compliance and reduce professional indemnity insurance premiums.

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