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Conveyancing and other property related news

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

‘Thousands’ more to get on property ladder after shared ownership changes (TN)

Housing secretary Robert Jenrick makes first move in job as he bids to help first time buyers onto the property ladder.

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Rob Hailstone August 28, 2019

Disaster! Top agent tells PM that stamp duty chatter causing “paralysis” (EAT)

A well-respected agent who was president of the NAEA just five years ago has written to Prime Minister Boris Johnson asking him to be clear and immediate in his stamp

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Rob Hailstone August 28, 2019

Developer comes under pressure to rescind all its leasehold contracts after out of court deal (PIE)

Persimmon is coming under pressure to scrap all its leasehold contracts with home buyers after reaching an out of court settlement.

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Rob Hailstone August 27, 2019

Purplebricks hints at introducing No Sale, No Fee, as it looks to ‘evolve’ its pricing (PIE)

The boss of Purplebricks has dropped a large hint that Purplebricks is going to introduce a new pricing model.

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Rob Hailstone August 27, 2019

Is the UK in a Property Fraud Crisis?

Property fraud is a serious ongoing issue in the UK, with millions lost each year through a variety of scams varying from fraudulent Land Registry changes to underhanded landlord practices.

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Rob Hailstone August 27, 2019

Britain’s biggest managing agent FirstPort sold on – again

Firstport the controversial property management company, have recently negotiated a major re-financing package with Lucid Trustee Services and investors Equistone.

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Rob Hailstone August 26, 2019

Conveyancers Warned Of Impersonation Fraud Invading The Sector (TC)

Multiple legal regulators have warned that impersonation fraud and spoofing using highly detailed and sophisticated social engineering techniques is rife in the legal sector at the moment.

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Rob Hailstone August 26, 2019

Agents urged to prepare for banks requiring individual client accounts (PW)

Letting agents are being advised to have a back-up plan as a major UK bank has notified clients that it will be closing undesignated client accounts.

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Rob Hailstone August 24, 2019

Legal crowdfunding campaign to back Section 21 appeal (PIE)

A legal crowdfunding campaign to raise money for an appeal against a Section 21 ruling has almost reached target – after just one day and with 27 days still to

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Rob Hailstone August 23, 2019

Exodus Continues As Another PI Insurer Escapes Hardening Market (TC)

Law firms and abandoned solicitors have been left reeling after their Personal Indemnity Insurance (PII) provider made the decision to leave the PII sector six weeks before many pending policy

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Rob Hailstone August 23, 2019

Brexit blamed for conveyancing dip (LSG)

Continued Westminster wrangling over Brexit is plaguing the conveyancing market, it has been claimed, as official figures revealed the slowest quarter for activity in two years.

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Rob Hailstone August 23, 2019

Solicitors’ fury as insurer leaves PII market (LSG)

Sole practitioners and principals of small firms have reacted with shock and bewilderment to letters notifying them that their insurer has pulled out of the professional indemnity market.

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Rob Hailstone August 22, 2019
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