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Conveyancing and other property related news

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

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.

Read More »
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

Read More »
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

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.

Read More »
Rob Hailstone August 22, 2019

Big law firm “will ditch client account by end of year” (LF)

A large commercial law firm will ditch its client account in favour of a third-party managed account (TPMA) by the end of the year, a leading payment processor has predicted.

Read More »
Rob Hailstone August 20, 2019

Homes “stuck in the legal log-jam” reach five year high says Rightmove (EAT)

Rightmove says the number of homes stuck in what it calls “the legal log jam” is at its highest for over five years.

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Rob Hailstone August 19, 2019

Conveyancing ‘log-jam’ as properties taking longer to get under offer to exchange (PIE)

Properties are taking longer to get from sales agreed to exchange, Rightmove said this morning.

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Rob Hailstone August 19, 2019

Chancellor denies Times story as he rules out changing Stamp Duty to make sellers liable (PIE)

Chancellor, Sajid Javid, has dismissed a front page story run by The Times that he is considering a change to Stamp Duty by switching the payment from buyers to sellers.

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Rob Hailstone August 19, 2019

Land Registry hires 1,000 staff to reduce shocking six-month delays for leaseholders (TN)

Ongoing problems are beginning to seriously impact the housing market as leaseholders wait for months to update leases prior to putting properties on the market.

Read More »
Rob Hailstone August 17, 2019
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