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Total chaos! Conveyancers and lenders struggle against midnight Stamp Duty deadline (PIE)

Well, the Chancellor has played a blinder this time. At least one major lender is struggling to cope with the Stamp Duty Land Tax deadline of midnight tonight. It is

Rob Hailstone March 31, 2016

Stamp duty deadline: warning of major problems and extra costs for buyers (EAT)

A top consultancy firm is warning that the SDLT surcharge coming into effect at the end of this week may lead to unexpected costs for unlucky buyers undertaking bridging loans

Rob Hailstone March 31, 2016

Law Commission considers “incentivising” conveyancers to detect fraud by imposing new duties (LF)

Hopkins: greater certainty and security Conveyancers may need to be placed under extra duties of care so as to reduce the risk of fraudulent changes being made to the Land

Rob Hailstone March 31, 2016

FT reports £85m stolen from law firms by hackers

The Financial Times has reported has that £85m has been stolen from British law firms by hackers over the past 18 months via so-called ‘Friday afternoon fraud’.

Rob Hailstone March 31, 2016

Land registration law up for review (LSG)

A new formula for determining which of two innocent parties of a land fraud should keep the property in question is among proposals for reform of the legal framework governing

Rob Hailstone March 31, 2016

Former Chief Land Registrar lays into Government over plans to privatise Land Registry (TC)

John Manthorpe, the former Chief Land Registrar has criticised the government over it’s plans to privatise Land Registry.

Rob Hailstone March 31, 2016

Buyers allowing vendors to stay on after completion (PIE)

Buyers are allowing vendors to stay in their home after completion in order to beat this Fridays’ Stamp Duty Land Tax deadline.

Rob Hailstone March 30, 2016

Land Registry: don’t make a monster (LSG)

Government’s plans would create a 1970s-style monopoly.

Rob Hailstone March 30, 2016

Welcome to a week of chaos with Stamp Duty deadline midnight Thursday (PIE)

It is likely to be a very chaotic few days until April 1. The pressure for certain transactions to complete before Friday will be great.

Rob Hailstone March 29, 2016

Scam warning: Agents’ properties scraped and given price cuts to lure inquiries (PIE)

Agents are being warned of a new property scam in which their listings are scraped – but given far cheaper prices in order to lure inquirers, who innocently give up

Rob Hailstone March 29, 2016

Land Registry can sue conveyancers for mortgage misrepresentations, High Court rules (LF)

The Land Registry can sue a former law firm for negligent misrepresentation in not checking whether a mortgage discharge form was genuine, the High Court has decided.

Rob Hailstone March 29, 2016

Solicitors work Easter weekend to help buyers beat stamp duty deadline

Landlords are rushing to complete property purchases before stamp duty changes come into effect in April, with solicitors working over the bank holiday weekend to make sure deals are completed

Rob Hailstone March 26, 2016