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Conveyancing and other property related news

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

TV’s Phil Spencer endorses binding reservation system saying it overcomes ‘legal blind spot’ (PIE)

A proptech company that offers binding reservation agreements has been endorsed by Phil Spencer. Gazeal, which is led by property lawyer Duncan Samuel, will now be available for users of

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Rob Hailstone June 27, 2019

Phil Spencer endorses reservation agreements and digital legal packs (EAT)

Phil Spencer and his advice website IQ have endorsed the concept of legally binding reservation agreements and digital legal packs through a partnership with Proptech firm Gazeal.

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Rob Hailstone June 27, 2019

MP kicks off leasehold revolution in parliament with ground rents reform bill

Eddie Hughes yesterday introduced a parliamentary bill which will see ground rents capped and over 100,000 trapped leaseholders enabled to sell their homes.

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Rob Hailstone June 26, 2019

House raffle promotion branded ‘unfair’ after series of problems (EAT)

A company which promotes property raffles have been told that it cannot repeat certain elements of its advertisements on Facebook and on its website.

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Rob Hailstone June 26, 2019

Proptech Expert Discusses Role of Technology In Conveyancing Process (TC)

Legal technology is still in its infancy and law firms are only beginning to scratch the surface in their understanding of how innovative tech can help the conveyancing process.

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Rob Hailstone June 26, 2019

Transactions plummet – agents’ fingers crossed for rest of 2019 (EAT)

The number of residential property transactions in May was a thumping 11.3 per cent lower than the same month last year, raising concerns amongst agents for the market for the

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Rob Hailstone June 24, 2019

Digital conveyancing used to market high-value commercial property (LF)

The march of blockchain-backed property transactions into territory occupied by traditional conveyancers accelerated last week when a high-value commercial building went on the market with online execution offered by a

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Rob Hailstone June 24, 2019

Postal order payments to continue despite use in title fraud (LSG)

H M Land Registry has said that it has no plans to stop accepting postal orders as payment for title transfer fees.

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Rob Hailstone June 24, 2019

Over 150 agents link with ‘Modern Method’ online auction firm (EAT)

An online auction service which only came into existence in September last year claims to have 150 partner estate agents already, with a target of 300 by the end of

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Rob Hailstone June 21, 2019

Homes that have sold in last year took almost 17 weeks from start to completion (PIE)

On average, quick sale business Property Solvers found that the average home took 16.74 weeks to sell – ie, from initial listing on Rightmove to ‘sold’ status at the Land

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Rob Hailstone June 20, 2019

House sales falling through ‘because council is taking so long to turn round searches’ (PIE)

Agents are complaining that it is taking so long for their local authority to turn round searches that deals are falling through.

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Rob Hailstone June 19, 2019

Purplebricks workforce turns on agency with string of damning reviews (EAT)

A series of damning reviews about Purplebricks’ working environment, apparently written by existing and former staff, have appeared online.

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Rob Hailstone June 19, 2019
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