Leasehold Restrictions – the changes that need to be made (TC)
On the 19th October, HM Land Registry (HMLR) started its stakeholder consultation on Leasehold Restrictions with a conference in London where speakers such as ARMA, The Law Society and the […]
New builds account for just 14% of property sales in England and Wales (TC)
New research shows that new build homes made up less than 14% of total property sales in England and Wales during 2016.
Ten ways for agents to prepare for new data protection rules (PIE)
Estate and letting agents in the UK are six months away from the introduction of the EU-wide General Data Protection Regulation (GDPR).
Safe as houses? (LSG)
More work could land on conveyancing solicitors’ desks following the abolition of SDLT for first-time buyers purchasing homes.
Remortgaging rockets ahead of November interest rate hike, as new mortgages fall to fresh low
Remortgaging was pushed to an eight year high last month as borrowers looked to lock in deals ahead of November’s interest rate rise, and as growth in other forms of […]
Government tweaks ‘additional homes’ stamp duty surcharge (EAT)
The small print of the Budget has revealed that the government is to make minor changes to the ‘additional homes’ three per cent stamp duty surcharge.
Government dismisses scepticism of stamp duty reform (TC)
Warnings that the Budget Stamp Duty announcement could cause house prices to rise have been dismissed by the Government.
Consumer champion attacks ‘cultural resistance’ to price transparency (LSG)
A consumer watchdog has urged regulators not to be deterred from reversing lawyers’ ‘cultural resistance’ to price transparency.
74% of conveyancing firms said they had no plans to advertise their prices (LSG)
A consumer watchdog has urged regulators not to be deterred from reversing lawyers’ ‘cultural resistance’ to price transparency.
Would you like your stamp duty to be paid by someone else?
Developers all over the country have been quietly exempting buyers of all income streams in recent months.
First time buyers will benefit from stamp duty cuts even if house prices rise, says IFS
First time buyers will benefit from the Government’s decision to abolish stamp duty even if house prices rise, the Institute for Fiscal Studies has said.
The legal sector must adapt to survive
Profits have decreased at half of UK law firms and the collective debt held by the top 100 firms has reached £4.3 billion – a 14% increase from last year.