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Conveyancing and other property related news

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

Price publication rules ‘will drive down costs and quality’ (LSG)

Solicitors are worried that publishing fees will encourage potential clients to obsess about price, which will affect their ability to uphold the integrity of the law, a regular bellwether suggests.

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Rob Hailstone February 4, 2019

£34.6 Million Lost To Cyber Criminals In Second Half Of 2018 (TC)

The latest figures from Action Fraud have claimed that financial losses caused by cyber crime increased by 25% between the months of April and September.

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Rob Hailstone February 1, 2019

Compulsory electric tests to be introduced every five years for rental homes (PIE)

Compulsory checks are to be introduced every five years on electrical installations in private rented properties.

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Rob Hailstone January 31, 2019

Agent challenges Purplebricks over referral fees paid to conveyancing firm (PIE)

Chris Wood, of PDQ Estates in Cornwall, has posted claims that Purplebricks’ customers are “over-paying for tied solicitors by hundreds of pounds”.

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Rob Hailstone January 31, 2019

Faster transactions for buyers and sellers now priority for search group (EAT)

With far-reaching reforms of conveyancing and other aspects of house buying high on the government’s agenda, a trade body has revealed that it’s to restructure to become more PropTech focussed.

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Rob Hailstone January 30, 2019

Email Fraud And Social Media Impersonation Increase By 35% (TC)

Once upon a time, the cyber criminal preferred virus-based attacks through malware or ransomware; now, the ONS have said that these criminals are looking to exploit social media and emails

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Rob Hailstone January 30, 2019

Conveyancing needs to get a move on – and embrace technology (PIE)

Henry Ford, of Ford Motors fame, once said: “If I had asked people what they wanted, they would have said faster horses.”

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Rob Hailstone January 30, 2019

Industry regulator publishes consumer guide for unhappy leaseholders (PIE)

The National Trading Standards Estate Agency Team has published a guide for consumers seeking redress for leasehold issues.

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Rob Hailstone January 30, 2019

Dual fees paid to estate agents a growing issue, says Ombudsman (EAT)

The issue of dual commission fees looks to be a growing concern, The Property Ombudsman has revealed.

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Rob Hailstone January 29, 2019

Land Registry Adopting Blockchain Technology To Create Safer And Faster System (TC)

HM Land Registry have said that they intend to continue working with industry partners in a bid to ensure they remain ahead of the curve in terms of digitisation and

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Rob Hailstone January 29, 2019

Costs shake-up proposed for landlord-leaseholder disputes (LSG)

Landlords would not be able to recover their legal costs from leaseholders unsuccessfully making ‘right-to-manage’ claims under proposals published by the Law Commission today.

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Rob Hailstone January 28, 2019

Lloyds unveils 100% mortgage for first-time buyers

Purchasers need no deposit if family can back the loan by moving 10% of price into bank’s saver account.

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Rob Hailstone January 28, 2019
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