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Government eyes up estate agencies as source of £100m money laundering levy (PIE)

The government is looking at ways to raise an extra £100m per annum to fund its fight against money laundering – and to collect that sum it is looking at

Rob Hailstone July 23, 2020

Government lays out plans for regaining possession from 23rd August (PIE)

Housing Minister, Chris Pincher MP said yesterday that an end to the pause on possession proceedings on 23rd August is an important step towards the resumption of normal life and

Rob Hailstone July 23, 2020

Minister rejects evictions ban extension and heralds new ‘pre-action’ rules (TN)

Housing minister says new requirements for landlords prior to a possession starting will protect tenants from unwarranted eviction, despite Labour opposition to scheme.

Rob Hailstone July 23, 2020

Agents must show “greater diligence” dealing with Russian buyers (EAT)

NAEA Propertymark is calling on agents to show “greater diligence” when dealing with Russian buyers, in the light of the report on alleged interference in British politics.

Rob Hailstone July 23, 2020

ALEP Responds To Law Commission’s Leasehold Reforms Recommendations (TC)

The Association of Leasehold Enfranchisement Practitioners has reviewed the Law Commission’s three highly anticipated reports concerning the future of leasehold and Commonhold reform.

Rob Hailstone July 23, 2020

Legal profession ‘vigilant’ against money laundering – Law Society (LSG)

Solicitors are ‘all too aware’ of the threat of money laundering, the Law Society has said in response to the Russia report by the Intelligence and Security Committee of Parliament.

Rob Hailstone July 22, 2020

BTL lenders unveil raft of criteria changes and rate cuts (MS)

Buy-to-let lenders have announced a flurry of criteria and rate changes.

Rob Hailstone July 22, 2020

Law Commission backs making commonhold “preferred alternative” to leasehold home ownership (PIE)

The Law Commission has proposed replacing leasehold with commonhold as the “preferred alternative” as it outlines long-awaited recommendations for reforming home ownership in England and Wales.

Rob Hailstone July 22, 2020

Government unveils legislation to charge overseas buyers an extra 2% Stamp Duty (PIE)

The Government has published legislation that will introduce an extra 2% Stamp Duty surcharge for overseas buyers of UK property from April 1 2021.

Rob Hailstone July 22, 2020

Is the housing market really storming ahead as some say? (EAT)

Agents have almost unanimously been reporting a big surge in business since the reopening of the housing market, but new figures from HM Revenue & Customs suggest there is still

Rob Hailstone July 22, 2020

Going Up: two-storey extensions allowed without full consent (EAT)

Home owners in England will be entitled to add up to two storeys to the height of their home via a fast-tracked planning process starting in September.

Rob Hailstone July 22, 2020

Planning rules relaxed – with wider reform ‘this month’ (LSG)

New planning rules aimed at revitalising town centres will come into force in September, the government announced.

Rob Hailstone July 22, 2020