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Conveyancing and other property related news

All the latest news and updates from the conveyancing and property world

“Hundreds of millions” of pounds laundered through conveyancers

It is likely that criminals launder “hundreds of millions” of pounds with the inadvertent aid of conveyancers across the UK, the government has warned.

Rob Hailstone December 22, 2020

Agents worried over new pared-back Help to Buy scheme (TN)

Industry concerned about going ‘cold turkey’ when new Help to Buy Equity scheme kicks off on April 1st 2021.

Rob Hailstone December 22, 2020

Warning: Emails misusing the details of Linklaters LLP

Emails have been sent using the domains “linklatar․com” or “linklatars․com”, misusing the name of Linklaters LLP.

Rob Hailstone December 22, 2020

Shock stamp duty rise on additional homes in Wales (EAT)

There’s been a shock one per cent increase in the Welsh equivalent of stamp duty on second homes, coming into effect tomorrow.

Rob Hailstone December 21, 2020

Phase It Out – Calls grow for ‘tapered’ end to stamp duty holiday (EAT)

Pressure is building on the government to agree a tapered end to the stamp duty holiday, even if a full-blown extension now appears unlikely.

Rob Hailstone December 21, 2020

Phase It Out – Calls grow for ‘tapered’ end to stamp duty holiday (EAT)

Pressure is building on the government to agree a tapered end to the stamp duty holiday, even if a full-blown extension now appears unlikely.

Rob Hailstone December 21, 2020

Housing market market to stay open in new Tier 4 areas (TN)

Announcement by Boris and commentary from civil servants and Robert Jenrick suggest – but does not confirm – that branches may stay open.

Rob Hailstone December 21, 2020

Mortgage industry bodies issue stamp duty deadline warning (MS)

Both the Intermediary Mortgage Lenders Association and the Association of Mortgage Intermediaries have raised concerns over the stamp duty holiday deadline.

Rob Hailstone December 21, 2020

Execution of deeds (PG8)

Advice on the execution of deeds that are to be submitted to HM Land Registry (practice guide 8).

Rob Hailstone December 21, 2020

Concern over ‘unrealistic’ conveyancing expectations ahead of stamp duty deadline (LSG)

The Law Society is urging people wanting to buy or sell a home during the temporary stamp duty holiday to have realistic expectations about completing before the 31 March deadline.

Rob Hailstone December 21, 2020

Half of all superprime agents breaking AML law, says shocking new report (TN)

Latest National Risk Assessment of AML and terrorist financing says government is taking action against agents involved, who sell £5m+ homes.

Rob Hailstone December 18, 2020

Budget date is in time for U-turn on stamp duty holiday extension… (EAT)

The next Budget will be held on March 3 next year – in time for Chancellor Rishi Sunak to change his mind over extending the stamp duty deadline.

Rob Hailstone December 18, 2020

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