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Conveyancing and other property related news

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

SRA concerned at firms’ ‘cut and paste’ approach to AML (LSG)

Thousands of firms are to be contacted by the Solicitors Regulation Authority within the coming weeks asking what measures they have in place to combat money laundering.

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Rob Hailstone October 29, 2019

Homeowners should deal with the ticking septic tank time bomb

This call comes from a number of homeowners who are looking to sell their property but have been confronted with this change of legislation which requires them to address it

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Rob Hailstone October 28, 2019

Government Pushes Forward With Reservation Agreement Pilot (TC)

The Government is keen to introduce a system of having legally binding agreements to reduce the number of transactions collapsing every year.

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Rob Hailstone October 28, 2019

Solicitor ready to defy SRA over ‘illegal gimmick’ badge (LSG)

A solicitor specialising in technology says he will defy the rule requiring him to display the SRA’s new digital badge on his firm’s website – on the ground that it

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Rob Hailstone October 28, 2019

Dozens of law firms enabling corruption, report finds (LF)

Dozens of UK law firms are – wittingly or unwittingly – providing corrupt individuals with services that enable them to “move, hide and defend their ill-gotten gains with impunity”, Transparency

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Rob Hailstone October 25, 2019

Reservation Agreements: Agency makes buyers pay £5,000 – and it works (EAT)

A London agency makes some of its buyers pay upwards of £5,000 in Reservation Agreements – well ahead of the likely introduction of a similar scheme by the government.

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Rob Hailstone October 23, 2019

Time to embrace blockchain, super-regulator tells legal sector (LSG)

‘Blockchain provides significant opportunities to enhance consumers’ access to legal services, particularly once we reach widespread adoption.

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Rob Hailstone October 23, 2019

Leading agent backs reservation agreements ahead of pilot project (EAT

One of the country’s most prominent estate agents has given renewed backing to a pilot project on reservation agreements, being tested as a way of reducing fall-throughs.

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Rob Hailstone October 22, 2019

Housing minister calls for proptech revolution to let buyers see if they could get a seat on the train (PIE)

Housing minister Esther McVey has called for a digital revolution in the property sector.

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Rob Hailstone October 22, 2019

Crackdown on Money Laundering (TC)

Regulators are becoming increasingly stringent on the way law firms comply with anti-money laundering (AML) procedures.

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Rob Hailstone October 22, 2019

Reservation Agreements: more details emerge of New Year trial (EAT)

The Ministry of Housing, Communities and Local Government has given more details of the trial of reservation agreements likely to take place in the first quarter of 2020.

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Rob Hailstone October 21, 2019

Huge shake-up of sellers’ information being considered (EAT)

First details have emerged of the information vendors may have to provide up-front In future transactions if government house buying reforms are implemented – and they are nothing less than

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Rob Hailstone October 21, 2019
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