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Conveyancing and other property related news

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

Equity investor pumps millions into two conveyancing firms (LSG)

Venture capitalist BGF has confirmed a new multi-million-pound investment into two more law firms.

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Rob Hailstone March 4, 2019

Now is not the time to rewrite Legal Services Act, says Law Society (LSG)

Now is not the “appropriate time” to embark on wholesale regulatory reform, particularly because of the uncertainty caused by Brexit and the Solicitors Regulation Authority rulebook changes, the Law Society

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Rob Hailstone March 1, 2019

“A triumph for consumers” – industry welcomes new Referral Fee rules (EAT)

The National Association of Estate Agents has led the support for stricter new guidelines on transparency for referral fees.

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Rob Hailstone March 1, 2019

Couple sue previous owner of their £250,000 flat for not telling them about ‘violent neighbour from hell’

A couple who were forced to flee their new home because of a neighbour from hell have launched a landmark legal battle to sue the seller of the £250,000 property.

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Rob Hailstone February 28, 2019

Referral fees: new guidance to agents revealed by NTSEAT (EAT)

The National Trading Standards Estate Agency Team has this afternoon revealed new industry guidance to make referral fees more transparent to consumers.

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Rob Hailstone February 28, 2019

New property portal launches promising agents no charges and will pay for listings (PIE)

A new property portal with a difference launches today, planning to turn the whole charging model on its head.

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Rob Hailstone February 28, 2019

Warning over reservation fees in the Modern Method of Auction (EAT)

A member of a prominent legal network is warning buyers and their conveyancers to be ”wary” of the Modern Method of Auction because of the fees attached to the process.

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Rob Hailstone February 27, 2019

London Leasehold Advice Portal Launched

Sadiq Khan, The Mayor of London has launched a leasehold guide for Londoners and slams ‘lease’ as ‘unfit for purpose’.

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Rob Hailstone February 27, 2019

Persimmon Share Value Plummets Amidst Help To Buy Speculation (TC)

Following the news that Housing Secretary James Brokenshire is considering removing the Government’s coveted Help to Buy scheme from Persimmon PLC, shares in the company fell by almost 5% on

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Rob Hailstone February 27, 2019

GDPR Regulators Set To Enforce Harsher Fines For Non-Compliance (TC)

Since GDPR came into force eight months ago over, official regulators have been notified that over 59,000 GDPR data breaches have taken place across the EU.

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Rob Hailstone February 27, 2019

Additional Derelict Dwellings Not Liable For SDLT Surcharge (LSG)

Derelict, uninhabitable properties have never looked so appealing for property investors as a recent ruling means that additional property bought in terrible conditions could bypass the current excess stamp duty

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Rob Hailstone February 27, 2019

Mega merger of conveyancing firms will create stand-out ‘powerhouse’ market leader (PIE)

A new conveyancing ‘powerhouse’ has been created by the merger of the two biggest players – My Home Move and The Simplify Group.

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Rob Hailstone February 26, 2019
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