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Conveyancing and other property related news

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

New builds account for just 14% of property sales in England and Wales (TC)

New research shows that new build homes made up less than 14% of total property sales in England and Wales during 2016.

Rob Hailstone November 28, 2017

Ten ways for agents to prepare for new data protection rules (PIE)

Estate and letting agents in the UK are six months away from the introduction of the EU-wide General Data Protection Regulation (GDPR).

Rob Hailstone November 27, 2017

Safe as houses? (LSG)

More work could land on conveyancing solicitors’ desks following the abolition of SDLT for first-time buyers purchasing homes.

Rob Hailstone November 27, 2017

Remortgaging rockets ahead of November interest rate hike, as new mortgages fall to fresh low

Remortgaging was pushed to an eight year high last month as borrowers looked to lock in deals ahead of November’s interest rate rise, and as growth in other forms of

Rob Hailstone November 25, 2017

Government tweaks ‘additional homes’ stamp duty surcharge (EAT)

The small print of the Budget has revealed that the government is to make minor changes to the ‘additional homes’ three per cent stamp duty surcharge.

Rob Hailstone November 24, 2017

Government dismisses scepticism of stamp duty reform (TC)

Warnings that the Budget Stamp Duty announcement could cause house prices to rise have been dismissed by the Government.

Rob Hailstone November 24, 2017

Consumer champion attacks ‘cultural resistance’ to price transparency (LSG)

A consumer watchdog has urged regulators not to be deterred from reversing lawyers’ ‘cultural resistance’ to price transparency.

Rob Hailstone November 24, 2017

74% of conveyancing firms said they had no plans to advertise their prices (LSG)

A consumer watchdog has urged regulators not to be deterred from reversing lawyers’ ‘cultural resistance’ to price transparency.

Rob Hailstone November 24, 2017

Would you like your stamp duty to be paid by someone else?

Developers all over the country have been quietly exempting buyers of all income streams in recent months.

Rob Hailstone November 24, 2017

First time buyers will benefit from stamp duty cuts even if house prices rise, says IFS

First time buyers will benefit from the Government’s decision to abolish stamp duty even if house prices rise, the Institute for Fiscal Studies has said.

Rob Hailstone November 24, 2017

The legal sector must adapt to survive

Profits have decreased at half of UK law firms and the collective debt held by the top 100 firms has reached £4.3 billion – a 14% increase from last year.

Rob Hailstone November 24, 2017

Stamp duty changes for first-time buyers: what you need to know

As part of a raft of measures to boost home-building the Chancellor has announced – as hinted – a cut in stamp duty for those buying a home for the first time.

Rob Hailstone November 23, 2017

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