Agents don’t get caught out: Important update on Money Laundering registrations and renewals (PIE)
Estate agents must have registered their business with HMRC to meet their obligations under Money Laundering Regulations.
Bird & Bird loses negligence appeal over £26m property (LSG)
A London-headquartered international firm has lost its bid to set aside a ruling that it had acted negligently in relation to the purchase of a £26m property in the capital.
Sale Agreed, Under Offer, and Sold Subject to Contract – there’s no difference (PIE)
The Property Ombudsman has said that in her view, there is no difference between ‘Sale Agreed’, ‘Under Offer’, and ‘Sold Subject to Contract’.
Which? calls for next government to review role of estate agents (PIE)
Consumer organisation Which? is calling for the next government to review the role of estate agents in the ‘out-dated’ home buying and selling process.
It’s ESTAS week – and you can still be there on the big day… (EAT)
There are only a few days to go before The ESTAS – the biggest event in the awards calendar for agents, mortgage brokers and suppliers.
Low prices won’t guarantee access to justice, says Bourns (LSG)
Value must stand above price, the president of the Law Society declared.
Lender announces crackdown on mortgages for leaseholds (PIE)
A major lender (Nationwide) is cracking down on loans for new-build leaseholds.
Praise for Nationwide’s crackdown on leasehold mortgage conditions (EAT)
There has been widespread praise for the Nationwide building society’s crackdown on criteria for mortgages for leasehold new build homes.
The delivery of equity release adapts to a changing economic climate (TC)
A joint venture between a number of regional law firms, Equishield provides advice about equity release schemes.
Building society introduces measures to combat unfair leases (TC)
Nationwide Building Society has recently announced that they are introducing valuation measures to protect homeowners from unfair or onerous leasehold terms.
QualitySolicitors pioneer and strategist leaves to go it alone (LSG)
Another pioneer of the QualitySolicitors network has announced it has left the group.
Conveyancing fees up 37% in 10 years? (PIE)
Analysis by Post Office Money into the additional costs of moving home ranked agency fees as the largest outlay when moving.