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Conveyancing and other property related news

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

New Bill to implement GDPR into UK law (TC)

A new Data Protection Bill will implement the EU’s General Data Protection Regulation into UK law.

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Rob Hailstone August 10, 2017

Lawyers face prosecution threat over financial sanctions compliance (LF)

Lawyers are among those who could face prosecution if they fail to report information that could undermine UK financial sanctions, after a change to the law that came into force

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Rob Hailstone August 10, 2017

Bid for higher SRA fining powers and lower burden of proof “on government agenda” (LF)

The Treasury yesterday finally published an update on progress with the recommendations of the Insurance Fraud Taskforce, showing that the possibility of increasing the fining power of the Solicitors Regulation

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Rob Hailstone August 10, 2017

Government tries to stamp out speculation over Help To Buy (EAT)

The Government has poured cold water over industry speculation that Help to Buy could be phased out or significantly modified between now and its official end in 2020.

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Rob Hailstone August 9, 2017

Developer agrees to buy back freeholds as storm over leasehold scandal gathers (PIE)

Property developer Countryside Properties has agreed to buy back some of the freeholds it sold to investor E&J Estates.

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Rob Hailstone August 8, 2017

HIPs lite: Countrywide well placed to introduce Scottish Home Reports south of the border (PIE)

Countrywide would be well placed to trial English-style Home Reports, the managing director of one of the estate agency’s Scottish surveyor brands has claimed.

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Rob Hailstone August 8, 2017

Help to Buy Equity Loan Scheme will continue to 2021 (IC)

The Department for Communities and Local Government (DCLG) issued a statement amid reports that the scheme was set to be scrapped soon. Since its launch in 2013 it has helped

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Rob Hailstone August 8, 2017

Digital signatures could speed up mortgage process (TC)

HM Land Registry have claimed that the days of mortgage deeds being confined to paper may be drawing to a close.

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Rob Hailstone August 8, 2017

Money laundering fraudster fooled victims over ‘dream properties’ (TC)

A fraudster who fooled victims by convincing them that they were purchasing dream homes has been sentenced to six years in prison.

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Rob Hailstone August 8, 2017

Conveyancing director leaves roll over supervision failure (LSG)

A former law firm director has undertaken to remove himself from the roll after failing to supervise a fee-earner who was found to have backdated file notes.

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Rob Hailstone August 8, 2017

‘Do I have to divorce my estranged wife to avoid 3pc extra stamp duty on new home?’

My parents, 83 and 84, are still married but have been separated and living apart for 10 years.

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Rob Hailstone August 7, 2017

Conveyancers respond to suggestions of leasehold scandal responsibility (TC)

Conveyancers have dismissed accusations their actions alone could have stopped the leasehold home scandal.

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Rob Hailstone August 4, 2017
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