HomeOwners Alliance calls for £1,000 ‘reservation agreements’ to tie in buyers and sellers (PIE)
The call has come from the HomeOwners Alliance, which says that fall-throughs are costing buyers and sellers over £500m a year.
Economic crime chief puts solicitors in the dock over money laundering (LF)
A director of the National Crime Agency has told solicitors that the legal profession is worse than any other financial services sector in reporting money laundering suspicions.
Only 6% of consumers can find prices on lawyers’ websites (LF)
The Legal Services Consumer Panel today ratcheted up the pressure on regulators to impose transparency requirements on lawyers with survey findings that only 6% of consumers could find prices on […]
‘Stamp duty is UK’s worst tax – scrap it to help housing market’ (EAT)
Stamp duty on property sales is gumming up the housing market, stopping people from moving to the jobs they need, and keeping people in houses that are too large for […]
Call For Evidence Webinar: How Could It Affect Conveyancers (TC)
Last Sunday, the Department for Communities and Local Government launched a ‘Call for Evidence’, seeking the views of involved parties on how the home moving process could be improved.
Reforming The Conveyancing Process (TC)
Professionals are buried beneath heavy workloads, trying to communicate with the other side, gather the necessary information to progress a transaction as well as keep the client up to date.
Conveyancing process faces brick wall (LSG)
Research states that the most common frustration among homebuyers and sellers is the length of time that the conveyancing process takes.
More High Street agents buy into ‘Tinder-style’ online sales system (EAT)
Six more High Street estate agencies have signed up to an online platform that allows them to offer customers a fixed-fee listing service for £895.
Release of new data by HMLR reveals cash buyer numbers (TC)
New data has been released by HM Land Registry showing the number of properties which were bought using solely cash.
Solicitors “target of money launderers but not terrorists” says government (LF)
Legal services continue to be at high risk of attracting criminals intent on money laundering, but are not considered to be a target for terrorist financing, according to the latest […]
SME law firms under fraud attack but see business benefits in risk management (LF)
Almost half the staff at SME law firms say their firms have been attacked by fraudsters within the past 12 months, a survey has found.
New rules on the way for conveyancing solicitors who provide insurance (LF)
Personal injury lawyers, conveyancers and other solicitors who arrange or advise on insurance policies face new rules under a European directive coming into force next February, dealing with issues such […]