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Conveyancing and other property related news

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

New crackdown on agents as Government doubles funding for regulator (PIE)

Industry regulator the National Trading Standards Estate Agency Team is to have its funding doubled to nearly £500,000 a year.

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Rob Hailstone September 1, 2018

More vigilance needed in Mortgage sector as email scams increase (TC)

Poor security, the use of vulnerable email accounts, or clicking on seemingly innocent phishing links have been blamed for these losses.

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Rob Hailstone August 28, 2018

Chancellor faces new calls to cut Stamp Duty as buying agent reveals slump in demand for second homes (PIE)

Buying agent Black Brick has expressed the hope that the Chancellor reduces Stamp Duty rates, warning that the property tax and Brexit have put buyers off purchasing second properties and

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Rob Hailstone August 24, 2018

Uncertain times for conveyancing as market so unpredictable (PIE)

Conveyancers have reported an annual boost in transactions, helped mainly by challenger firms rather than established brands.

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Rob Hailstone August 24, 2018

Electronic signatures are valid say Government’s legal experts (IC)

Electronic signatures can be used to sign formal legal contracts under English law, the Law Commission has confirmed from the Government.

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Rob Hailstone August 24, 2018

Accountancy body reiterates call for Stamp Duty liability switch to sellers (IC)

A professional body for accountants has reiterated its call for Stamp Duty Land Tax to become the responsibility of property sellers following comments from former Foreign Secretary Boris Johnson that

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Rob Hailstone August 24, 2018

Don’t panic: drama but no crisis in legal PII market (LSG)

The abrupt departure of top-200 insurer Libra, following hard on the heels of Aspen’s withdrawal, supports anecdotal evidence that the market is beginning to harden.

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Rob Hailstone August 23, 2018

Speed up ban on abusive leasehold rules, law firm urges government (EAT)

A specialist property law firm is calling on the government to speed up changes in the law to avoid abusive leasehold practices.

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Rob Hailstone August 23, 2018

Surveyors want to an end to the HomeBuyers Survey lottery (IC)

The Residential Property Surveyors Association aims to end the lottery for home buyers put off commissioning surveys by inconsistent quality and content.

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Rob Hailstone August 23, 2018

Law Commission gives green light to electronic signatures (LSG)

No change in the law is necessary for electronic signatures to meet a statutory requirement for a signature on a document, the Law Commission has concluded.

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Rob Hailstone August 21, 2018

The NatWest Bank launches the UK’s first paperless mortgage (IC)

Customers of NatWest can now apply for a completely digital mortgage, and can potentially receive an offer within 24 hours.

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Rob Hailstone August 21, 2018

Society urges City watchdog urged to probe conveyancing panels (LSG)

The Law Society says a lack of transparency surrounding the reasons why firms are rejected from a panel is unhelpful.

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Rob Hailstone August 20, 2018
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