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Category: News

Conveyancers “doing a decent job” but leasehold information a concern, says SRA

A fifth of those buying leaseholds do not recall their solicitors giving them key information such as the length of the lease remaining, service charges and ground rent, according to […]

Just one dodgy scheme could drain solicitior’s compensation fund (LSG)

A single ‘get-rich-quick’ investment scheme that goes bad could wipe out the £48m compensation fund, the chief executive of the Solicitors Regulation Authority warned.

Room for improvement’ on conveyancing clarity – SRA

Three-quarters of people who buy or sell a home are happy with the conveyancing services they receive, according to research published by the solicitors’ regulator.

How does a solicitor affect the outcome of a deal? (PIE)

What makes a good solicitor?

Big drop in use of Section 21 notices is because they are just too slow and difficult (PIE)

Using Section 21 to evict a tenant is no longer the fastest way for a landlord needing to possess a property, an eviction specialist claims.

Britain’s biggest conveyancer launches real-time online sales progression tool (PIE)

Estate agents using My Home Move for conveyancing can now track the progress of transactions online using a new dedicated eWay portal.

Half of sellers have no problems with their estate agent – leaving half that do, says Which? (PIE)

Sellers are almost evenly split in their experiences of estate agents, with 48% having had no problems, but 47% having had at least one issue.

New technology aims to improve property industry relationships (TC)

A conveyancing service provider has developed a new online service for property professionals which aims can transform working relationships in the property industry.

60,000 first time buyers have benefitted from stamp duty change – Hammond (EAT)

Chancellor Phillip Hammond claims over 60,000 first time buyers have already benefitted from the stamp duty relief he announced at his November Budget.

Surcharge for ‘five day exchange and completion’ is slammed as rip-off (EAT)

A critic of the conveyancing process has accused a law firm’s charge of £95 for “exchange and completion within five working days” of being “scandalous” and “a rip off”.

‘Lazy’ agents warned that they cannot outsource money laundering and due diligence obligations (PIE)

A lawyer has warned that estate agents trying to offload their anti-money laundering responsibilities via outsourcing to a third party will not succeed.

Consumer loses £600k in conveyancing scam (TC)

A consumer has been left almost £600,000 out of pocket after falling victim to a conveyancing scam.

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