£8,000 a year ground rent bill for buyers already and rising towards £8m
£8,000 a year ground rent bill for buyers already and rising towards £8m – as watchdog warns time’s up for leasehold.
Law firm was negligent in property purchase but clients would have gone ahead anyway, court rules (LF)
A Kent law firm was negligent for failing to advise properly on a mortgage and valuation report.
Property owner who allowed Japanese knotweed to spread found liable for all costs
A property owner who allowed Japanese knotweed to spread across her property to the extent that it put the value of an adjoining property at risk, was ordered by the […]
Could subsiding legal fees help FTBs? (TC)
A new report has proposed a number of steps which could help first-time buyers make their way onto the property ladder.
Law Commission seeks conveyancer’s feedback on commonhold call for evidence (TC)
The Law Commission is seeking the views of conveyancers and property professionals to help shape a law which could help people own their flats outright.
The Leasehold system is alive, despite the Governments protestations (IC)
Analysis of the Land Registry’s data reveals that leaseholds accounted for 219,511 or 31.9% of all properties sold in England and Wales in 2017.
Solicitors losing work to specialist conveyancers – research (LSG)
Buyers and sellers are increasingly turning to specialist conveyancers rather than generalist solicitors, according to sector research that supports calls for firms to publish client reviews on their websites.
Irish firm promises to revolutionise property auctions with first UK online sale (PIE)
An Irish business promises to revolutionise property auctions when it launches its first UK online auction next month.
AI revolution will affect lawyers less than many other occupations, report predicts (LF)
Legal professionals will escape the artificial intelligence revolution relatively unscathed compared to other occupations, with high educational achievement being a key factor, according to a major report on the long-term […]
ABSs top the 1,000 mark as research highlights changing face of legal market (LF)
New competition since the introduction of alternative business structures, along with client demands is changing the face of the legal market, research has suggested, with the number of ABSs now […]
Buyers and conveyancers beware – Fire safety in flats (TC)
Two recent Tribunal cases should serve to remind conveyancers about the importance of finding out about fire safety when buying flats.
Solicitor “severely reprimanded” for misconduct while trying to correct property transfer error (LF)
A solicitor has been “severely reprimanded” by the Solicitors Regulation Authority after he compounded an error made by his firm 15 years previously when it failed to follow instructions over […]