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Conveyancing and other property related news

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

SRA responds to ABS consultation

The SRA has responded to the Government’s proposals to increase competition in the legal services market.

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Rob Hailstone August 5, 2016

CML Comment on Bank Rate Cut Announcement (IC)

Since the last change in official rate in March 2009, the average mortgage rate has already fallen from 3.8% to 2.9%.

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Rob Hailstone August 5, 2016

CMA stresses need for consumers to shop around for lawyers (LF)

Choosing a lawyer based on recommendations from friends, family and peers can be “a sensible way to ensure a minimum level of quality”, but it means consumers are not checking

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Rob Hailstone August 5, 2016

Total turnover of CLC firms doubles over four years (TC)

The combined turnover of CLC-regulated practices has more than doubled since 2011.

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Rob Hailstone August 4, 2016

Society gives qualified backing to ABS reforms (LSG)

The Law Society has broadly agreed with proposals for ‘minor’ reform of ABS regulation – but sounded a note of caution.

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Rob Hailstone August 4, 2016

Government consultation on Alternative Business Structures – Law Society response

The Law Society is supportive of ABS as they provide choice for solicitors as well as their clients.

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Rob Hailstone August 3, 2016

Developer calls on new Chancellor to bin ‘tax on moving’ Stamp Duty (PIE)

There has been a new call for Chancellor Philip Hammond to bin Stamp Duty Land Tax.

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Rob Hailstone August 3, 2016

Conveyancers want more transparency in leasehold transactions (EAT)

The Conveyancing Association has set out recommendations to end what it claims are significant delays and overcharging taking place within the leasehold transaction process.

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Rob Hailstone August 3, 2016

Are Property Lawyers Sleepwalking Into Leasehold Nightmare? (IC)

A number of lenders have recently increased their minimum unexpired lease term requirements to 85 years.

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Rob Hailstone August 3, 2016

Bankruptcy Searches in Conveyancing

Should a bankruptcy search be carried out against a seller, before exchange?

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Rob Hailstone August 2, 2016

Committee Chair responds to Land Registry privatisation consultation (TC)

Tory MP and Chair of the Public Administration and Constitutional Affairs Committee has expressed concerns over the potential privatisation of Land Registry.

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Rob Hailstone August 2, 2016

Leasehold reform blow over landlord redress (LSG)

The government has ruled out forcing landlords of leasehold properties to belong to a redress scheme, dealing a blow to conveyancers seeking urgent reform of leasehold legislation.

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Rob Hailstone August 2, 2016
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