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Conveyancing and other property related news

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

Conveyancers “doing a decent job” but leasehold information a concern, says SRA

A fifth of those buying leaseholds do not recall their solicitors giving them key information such as the length of the lease remaining, service charges and ground rent, according to

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Rob Hailstone March 19, 2018

Just one dodgy scheme could drain solicitior’s compensation fund (LSG)

A single ‘get-rich-quick’ investment scheme that goes bad could wipe out the £48m compensation fund, the chief executive of the Solicitors Regulation Authority warned.

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Rob Hailstone March 19, 2018

Room for improvement’ on conveyancing clarity – SRA

Three-quarters of people who buy or sell a home are happy with the conveyancing services they receive, according to research published by the solicitors’ regulator.

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Rob Hailstone March 16, 2018

How does a solicitor affect the outcome of a deal? (PIE)

What makes a good solicitor?

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Rob Hailstone March 16, 2018

Big drop in use of Section 21 notices is because they are just too slow and difficult (PIE)

Using Section 21 to evict a tenant is no longer the fastest way for a landlord needing to possess a property, an eviction specialist claims.

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Rob Hailstone March 16, 2018

Britain’s biggest conveyancer launches real-time online sales progression tool (PIE)

Estate agents using My Home Move for conveyancing can now track the progress of transactions online using a new dedicated eWay portal.

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Rob Hailstone March 14, 2018

Half of sellers have no problems with their estate agent – leaving half that do, says Which? (PIE)

Sellers are almost evenly split in their experiences of estate agents, with 48% having had no problems, but 47% having had at least one issue.

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Rob Hailstone March 14, 2018

New technology aims to improve property industry relationships (TC)

A conveyancing service provider has developed a new online service for property professionals which aims can transform working relationships in the property industry.

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Rob Hailstone March 14, 2018

60,000 first time buyers have benefitted from stamp duty change – Hammond (EAT)

Chancellor Phillip Hammond claims over 60,000 first time buyers have already benefitted from the stamp duty relief he announced at his November Budget.

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Rob Hailstone March 13, 2018

Surcharge for ‘five day exchange and completion’ is slammed as rip-off (EAT)

A critic of the conveyancing process has accused a law firm’s charge of £95 for “exchange and completion within five working days” of being “scandalous” and “a rip off”.

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Rob Hailstone March 13, 2018

‘Lazy’ agents warned that they cannot outsource money laundering and due diligence obligations (PIE)

A lawyer has warned that estate agents trying to offload their anti-money laundering responsibilities via outsourcing to a third party will not succeed.

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Rob Hailstone March 13, 2018

Consumer loses £600k in conveyancing scam (TC)

A consumer has been left almost £600,000 out of pocket after falling victim to a conveyancing scam.

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Rob Hailstone March 12, 2018
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