“Mixed messages” from consumers on online conveyancing (LF)
Only 19% of home buyers use online conveyancers, despite the dominance of online searches as a way of finding property, a report has found.
Lowest number of new instructions for over ten years as ‘thousands’ of sellers postpone plans (PIE)
The number of new sellers bringing their homes to the market is down 14.9% compared with this time a year, Rightmove reports this morning.
New surveys from 2020 in bid to speed house moving process (EAT)
A new Home Survey Standard is being launched today in a bid to improve and speed up the house moving process.
Buyers who paid £100k deposit sue vendors after withdrawing offer (EAT)
The prospective buyers of a home in Oxfordshire who paid a deposit of £108,000 before withdrawing are suing the sellers in a dispute over a nearby development.
Tory trailblazers get Tower Hamlets to come out for commonhold in London first
Campaigners calling for commonhold homeownership received a boost last night as Tower Hamlets voted against landlord-controlled leaseholds.
Landmark Case Clarifies CGT Only Applied After Property Completion (TC)
The England and Wales Court of Appeal has upheld an appeal into a landmark case involving when a home owner is entitled to principal private residence relief.
SRA offers olive branch over digital badge concerns (LSG)
The Solicitors Regulation Authority has moved to tackle concerns over whether its clickable logo for law firms’ websites complies with data protection law by suspending the use of tracking software.
Sales held up as searches routinely taking longer than official ten-day target (PIE)
A number of searches are taking longer than the Government’s target of ten days.
Official government guidance ‘could completely stall all flat sales in England’, claim (PIE)
Thousands of shared owners and leaseholders are now struggling to sell or remortgage their flats as surveyors and mortgage lenders require assurances that the materials on their buildings comply with […]
What will the 5th Money Laundering Directive mean for Conveyancers? (TC)
This is the latest legislative attempt to tackle the problem of money laundering, which costs the UK economy alone £37 billion every year.
‘Bedroom tax’ ruling clarifies tribunal powers (LSG)
Courts can set aside government regulations that are incompatible with human rights legislation, the Supreme Court ruled in a case that stemmed from challenges to the 2013 housing benefit changes […]
Expert Discusses Conveyancing Issues And Potential Sector Solutions (TC)
“My view is that conveyancing standards are at an all-time low, certainly in the 20 years that I have been in the Profession and I see no signs of improvement.”