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Conveyancing and other property related news

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

Slow searches ‘not to blame’ for transactions taking longer to go through (PIE)

A trade body has hit back at suggestions that slow local authority searches are slowing down transactions.

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Rob Hailstone November 20, 2019

Why estate agents feel so short-changed by property portals – by The Times (PIE)

No less a paper than The Times has waded into the long-standing controversy over portals’ “substantial” charges to agents.

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Rob Hailstone November 20, 2019

RICS Overhaul Home Surveys To Improve Home Moving Process (TC)

This week the Royal Institution of Chartered Surveyors launched a new Home Survey Standard to protect buyers and sellers, while providing better clarity and transparency to consumers.

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Rob Hailstone November 20, 2019

Fraudster Jailed After Stealing £75k Home (TC)

A con woman has been jailed for 20 months after changing her name by deed poll, and selling a £75,000 house, without the real owner knowing.

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Rob Hailstone November 20, 2019

‘Inflection point’ looms for top conveyancers (LSG)

Larger players increasingly dominating conveyancing work may need to make ‘wholesale’ business changes to continue growing.

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Rob Hailstone November 20, 2019

Latest mortgage fraud case ‘strikes at the heart of conveyancing (TN)

By changing her name and then applying for a passport, Sarah Broadbelt sold a property she didn’t own for £75,000 without anyone in the chain noticing.

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Rob Hailstone November 19, 2019

The delays that make house-buying painfully slow (EAT)

A PropTech firm has calculated the different delays that lead to transactions taking an average 120 days (and often much longer) from SSTC to completion.

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Rob Hailstone November 19, 2019

Fall of over 100,000 transactions leads to drop in number of conveyancing firms (PIE)

There were over 100,000 fewer conveyancing transactions in the first nine months of this year compared with the same period last year.

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Rob Hailstone November 19, 2019

Average transaction time stretches another 15 working days as it takes longer to complete (PIE)

It is taking 15 working days longer than a year ago to get a transaction through from acceptance of an offer to completion.

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Rob Hailstone November 19, 2019

Leading Conveyancing Firms Exposed To Fraud And Cyber Crime (TC)

The majority of 200 leading law firms are completely unprepared and susceptible to cyber attacks, according to a 2019 report on fraud and cyber crime vulnerabilities in the legal sector.

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Rob Hailstone November 19, 2019

“Mixed messages” from consumers on online conveyancing (LF)

Only 19% of home buyers use online conveyancers, despite the dominance of online searches as a way of finding property, a report has found.

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Rob Hailstone November 19, 2019

Lowest number of new instructions for over ten years as ‘thousands’ of sellers postpone plans (PIE)

The number of new sellers bringing their homes to the market is down 14.9% compared with this time a year, Rightmove reports this morning.

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Rob Hailstone November 18, 2019
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