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Conveyancing and other property related news

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

Law Commission seeks ‘impossible consensus’ as it launches leasehold reform consultation (PIE)

The Law Commission has unveiled its long-awaited consultation on leasehold reform, admitting that achieving consensus between landlords and leaseholders will be impossible.

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Rob Hailstone September 21, 2018

Hatched to close as Connells says online model ‘not sustainable’ (PIE)

Online estate agency Hatched will be closing to all new business with immediate effect, Connells Group has just announced.

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Rob Hailstone September 21, 2018

Fixed costs regime floated for leaseholders (LSG)

A fixed costs regime and single tribunal to deal with disputes are among proposals being mooted by the Law Commission to make the home ownership process fairer, less expensive and

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Rob Hailstone September 20, 2018

What now for faster house sales as search roll out ‘could take seven years’? (EAT)

HM Land Registry says the full roll-out of its Local Land Charges digital register could take up to seven years, with the final decision on timings down to government ministers.

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Rob Hailstone September 19, 2018

Online agents are lambasted by solicitors for causing hold-ups in transactions (PIE)

Solicitors have hit out at online agents as causing delays in transactions.

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Rob Hailstone September 18, 2018

Housing transactions slide to their lowest level for five years (PIE)

A new report out this morning says that last month an estimated 79,900 transactions completed, down 4% on the same month last year, and the lowest since 2013.

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Rob Hailstone September 17, 2018

Solicitors attack latest ‘professional enablers’ slur (LSG)

Lawyers have been labelled ’professional enablers’ of financial crime in the latest move to clamp down on suspicious wealth.

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Rob Hailstone September 14, 2018

Negligent law firm to pay claimant £78k – despite her ‘tainted with illegality’ purchase (LSG)

The Court of Appeal has upheld a damages award against a negligent law firm – despite it being widely acknowledged that the winning claimant was involved in mortgage fraud.

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Rob Hailstone September 14, 2018

Conveyancers liable for registration error despite mortgage fraud (LF)

There is “no public interest” in allowing a negligent conveyancer to avoid liability when they did not know that their client was actually engaged in mortgage fraud, the Court of

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Rob Hailstone September 14, 2018

No commission, no fees – meet the agency selling homes ‘for free’ (EAT

An estate agency is pioneering a new business model in which it charges no commission whatsoever to the vendor.

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Rob Hailstone September 14, 2018

Emoov boss in Twitter outburst describing Mark Carney as “dangerous” (EAT)

Bank of England governor Mark Carney says a no-deal Brexit exit could lead to a 35 per cent house price crash.

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Rob Hailstone September 14, 2018

Estate agent fees ‘now account for almost half of moving costs’ (PIE)

Estate agency fees have been singled out as the biggest cost of moving house.

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Rob Hailstone September 14, 2018
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