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Conveyancing and other property related news

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

Proptech Expert Discusses Role of Technology In Conveyancing Process (TC)

Legal technology is still in its infancy and law firms are only beginning to scratch the surface in their understanding of how innovative tech can help the conveyancing process.

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Rob Hailstone June 26, 2019

Transactions plummet – agents’ fingers crossed for rest of 2019 (EAT)

The number of residential property transactions in May was a thumping 11.3 per cent lower than the same month last year, raising concerns amongst agents for the market for the

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Rob Hailstone June 24, 2019

Digital conveyancing used to market high-value commercial property (LF)

The march of blockchain-backed property transactions into territory occupied by traditional conveyancers accelerated last week when a high-value commercial building went on the market with online execution offered by a

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Rob Hailstone June 24, 2019

Postal order payments to continue despite use in title fraud (LSG)

H M Land Registry has said that it has no plans to stop accepting postal orders as payment for title transfer fees.

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Rob Hailstone June 24, 2019

Over 150 agents link with ‘Modern Method’ online auction firm (EAT)

An online auction service which only came into existence in September last year claims to have 150 partner estate agents already, with a target of 300 by the end of

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Rob Hailstone June 21, 2019

Homes that have sold in last year took almost 17 weeks from start to completion (PIE)

On average, quick sale business Property Solvers found that the average home took 16.74 weeks to sell – ie, from initial listing on Rightmove to ‘sold’ status at the Land

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Rob Hailstone June 20, 2019

House sales falling through ‘because council is taking so long to turn round searches’ (PIE)

Agents are complaining that it is taking so long for their local authority to turn round searches that deals are falling through.

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Rob Hailstone June 19, 2019

Purplebricks workforce turns on agency with string of damning reviews (EAT)

A series of damning reviews about Purplebricks’ working environment, apparently written by existing and former staff, have appeared online.

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Rob Hailstone June 19, 2019

National Housing Audit To Provide New Build Development Baseline Standard (TC)

A new audit is looking at how the design of residential developments has changed in the past ten years in order to help create a baseline standard for new build

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Rob Hailstone June 19, 2019

‘Low quality’ suspicious activity reports swamping system – Law Commission (LSG)

Businesses are sending thousands of low quality suspicious activity reports (SARs) that contain little or no useful intelligence, the Law Commission will tell the government.

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Rob Hailstone June 18, 2019

Conveyancers say over 1m leaseholds could be ‘blighted’ by mortgage restrictions (PIE)

Conveyancers are calling on lenders to standardise their mortgage terms on leasehold properties.

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Rob Hailstone June 17, 2019

Agents warned that older septic tanks could thwart or delay sales (PIE)

Agents with properties to sell in rural areas are being urged to check for septic tanks before marketing commences.

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Rob Hailstone June 17, 2019
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