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Conveyancing and other property related news

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

Landlords’ confidence collapses to a record low after ‘abolition of Section 21’ announcement (PIE)

Landlord confidence has fallen to a record low, according to the National Landlords Association.

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Rob Hailstone August 14, 2019

Council takes 50 working days to complete a search (EAT)

A London council admits that it typically takes 50 working days for a search – which means a Local Land Charge submitted today would be answered around October 23.

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Rob Hailstone August 13, 2019

Reform Of Money Laundering Rules Urgent (TC)

McMafia style rules may work well on TV. But such practices do not serve society well should they become a reality.

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Rob Hailstone August 13, 2019

Developers selling homes do not have to register for AML but estate agents do (PIE)

Developers selling homes on their own sites do not have to be registered for anti-money laundering purposes – but any estate agent selling those very same homes must be.

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Rob Hailstone August 12, 2019

SDT throws out money laundering case against solicitors (LF)

The Solicitors Disciplinary Tribunal has thrown out the prosecution of two solicitors for breaching the money laundering regulations rules after finding that they had no case to answer.

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Rob Hailstone August 12, 2019

Mortgage possession claims shoot up after stable three years (LSG)

The number of mortgage possession claims has surged by almost 40% in the past year, and warrants and repossessions are also on the rise.

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Rob Hailstone August 12, 2019

Second Unexplained Wealth Order Triggered in July To Prevent Organised Crime (TC)

The second UWO has been issued in July to prevent the proliferation of criminals using property to secrete and launder their ill gotten gains.

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Rob Hailstone August 9, 2019

SRA spells out how to lack integrity without being dishonest (LF)

The SRA has set out ways in which solicitors can fail to act with integrity – the source of much debate over the extent to which it differs from dishonesty.

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Rob Hailstone August 9, 2019

Buyer must explain how she bought six properties worth £3.2m (EAT)

A Northern Irish woman with suspected links to serious organised crime has been ordered to explain how she financed the purchase of six properties worth £3.2m in total.

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Rob Hailstone August 8, 2019

Home Owners Alliance 7th Annual Housing Survey

Compiled with YOUGOV, the housing survey captures top UK housing concerns and interesting trend data.

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Rob Hailstone August 8, 2019

reallymoving House Price Forecast

House price forecast data is taken from reallymoving conveyancing quote forms. Users tend to get quotes 12 weeks before completion, allowing us to offer a unique insight into what property

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Rob Hailstone August 8, 2019

Wrong advice on Stamp Duty cost buyers £30,000 – and broker must pay up (PIE)

The Financial Ombudsman has ordered Advance Mortgage Funding, which trades as Primis Mortgage Network, to compensate the buyers.

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Rob Hailstone August 7, 2019
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