Modern Method of Auction Popular with Motivated Vendors (TC)
Modern Method of Auction is becoming popular across the UK as a more buyer friendly option, especially with motivated sellers who want to achieve a quick sale.
Supreme Court backs freeholder in leasehold covenant dispute (LSG)
Supreme Court justices have ruled by a three to two majority that a freeholder was entitled to withhold consent for a leaseholder to apply for planning permission that might reduce […]
SRA plots transparency sweep as hundreds of firms flout new rules (LSG)
The Solicitors Regulation Authority will once again sweep law firm websites in a bid to drag more of them into compliance with transparency rules.
Homes taking longest to go under offer for three years with buyers negotiating hard (PIE)
Homes are now taking over 12 weeks to reach sales agreed stage, with sales prices at an average of 3.8% below asking price – equating to an average drop of […]
Conveyancers “need not fear” home buying shake-up (LF)
A “single source of truth” that contains all the information about a property before it goes on the market is in the works as part of plans to speed up […]
LSB Encourage Legal Sector To Embrace Blockchain (TLCR)
The Legal Services Board (LSB) is encouraging more legal services regulators to promote the uptake of Blockchain technology by regulated firms.
Another agency backs Reservation Agreements to cut fall-throughs (EAT)
Another estate agency has come out in favour of reservation agreements.
Conveyancers Complicit In UK’s Money Laundering Woes (TC)
421 properties worth over £5 billion were bought in the UK using suspicious wealth.
SRA concerned at firms’ ‘cut and paste’ approach to AML (LSG)
Thousands of firms are to be contacted by the Solicitors Regulation Authority within the coming weeks asking what measures they have in place to combat money laundering.
Homeowners should deal with the ticking septic tank time bomb
This call comes from a number of homeowners who are looking to sell their property but have been confronted with this change of legislation which requires them to address it […]
Government Pushes Forward With Reservation Agreement Pilot (TC)
The Government is keen to introduce a system of having legally binding agreements to reduce the number of transactions collapsing every year.
Solicitor ready to defy SRA over ‘illegal gimmick’ badge (LSG)
A solicitor specialising in technology says he will defy the rule requiring him to display the SRA’s new digital badge on his firm’s website – on the ground that it […]