Agent warns leasehold reforms will make current new build stock harder to sell (PIE)
The Government has faced an almost immediate backlash after unveiling yet another consultation on leasehold reform.
Conveyancing clients “not as satisfied as surveys suggest” (LF)
A member of the Legal Services Consumer Panel has questioned the findings from the panel’s own research that showed consumer satisfaction with conveyancing is high.
Leaseholders demand compensation from conveyancers over ground rent advice (LSG)
A law firm has written to conveyancers on behalf of 500 leaseholders demanding compensation.
Government reforms to leasehold are pathetic and flawed
Today’s government crackdown on ground rents is a damp squib: it proposes setting them to £10, but only … after yet another consultation!
Government announces crackdown on leaseholds for new-build houses (PIE)
Almost all new-build houses will in future have to be sold as freehold, and ground rents will be capped at just £10 a year.
The next PPI scandal? Help to Buy home owners ‘overpaying’ for their properties (PIE)
First-time buyers are paying an 8% premium on Help to Buy properties compared with other new-builds.
Innovative use of technology could revolutionise the land registration and property buy-sell process (LSG)
There is broad consensus that the home-buying and selling process in England and Wales could be simpler and faster. Cheaper? The jury’s out.
Government to make new homes freehold with ground rents capped (EAT)
The vast majority of new-build houses are to be sold as freehold with ground rents for new leases capped at £10 under new government proposals.
Government moves to stop ‘anyone setting up as agent’ (PIE)
The Government has this morning announced a new working group, which will report back next summer on regulating all agents right across the sector.
Government unveils new body ‘to raise agency standards’ (EAT)
The government has unveiled a new body which, it claims, will raise agency standards.
Help To Buy Could Be The Next PPI Scandal (TC)
A new report carried out by home move company Reallymoving.com has speculated that the Help to Buy scheme could become a similar scandal to PPI.
Rightmove is warned it could be referred to Competition and Markets Authority over fees hike (PIE)
Rightmove is set to face a possible legal challenge into its hiking of fees.