Lawyers could face £500million compensation bill for leaving clients in leasehold homes they cannot sell
Lawyers could be forced to pay more than £500million compensation for leaving clients stranded in leasehold homes they cannot sell.
Purplebricks set to complain to advertising watchdog about arch-adversary Chris Wood
Purplebricks is set to complain to the Advertising Standards Authority about its long-standing adversary, Chris Wood.
Interview with Debra Malpass of the SRA (TC)
Debra tells Today’s Wills and Probate her thoughts on price transparency in the legal market as well as sharing her advice on protection against fraud.
Claim over ‘Find a Solicitor’ fraudster to go to trial (LSG)
The Court of Appeal has rejected an appeal against a High Court judge’s refusal to strike out a claim brought against the Law Society concerning liability for information obtained from […]
Profession warned about offensive communications (TC)
Solicitors should take care to make sure that communication is always professional, lawful and does not cause offence, the Solicitors Regulation Authority has warned.
Government rakes in an extra £2bn a year thanks to Stamp Duty surcharge (PIE)
The Government looks increasingly unlikely to heed calls to ditch the 3% Stamp Duty surcharge on additional home purchases after seeing the Treasury coffers swell by 20% extra receipts.
Anti-money laundering quango ‘adds no value’ – Law Society (LSG)
The Law Society has signalled its ‘deep concern’ over proposals for a new quango to monitor anti-money laundering supervision, claiming its running costs will impose ‘unnecessary costs’ on the profession.
Tory-led body says second home owners should be penalised more (EAT)
A think tank says the penalties now levied against second home owners – such as the stamp duty surcharge and phasing out of buy to let mortgage interest tax relief […]
Gifted deposits fall for both first-time buyers and investors (TC)
New research has revealed the number of first-time buyers and investors using gifted deposits has fallen by almost 5% and 3% respectively, in the last two years.
Government plans to improve leaseholders’ rights (TC)
A briefing paper published by the House of Commons outlines the Government’s plans for leasehold and commonhold reform.
Court ruling creates land contamination risk uncertainty for property and land transactions (TC)
The Court of Appeal ruled that a Local Authority cannot be held liable for pollution it caused on a piece of land due to the Authority having restructured.
Home buying process to change “beyond recognition in the coming years” (TC)
New data has indicated that the majority of home buyers in the UK are using online methods to research property.