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Conveyancing and other property related news

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

Newspaper accuses agents of misleading sellers into paying higher commission (PIE)

On Saturday’s front page of The Times, the story was run under the headline “Estate agents dupe sellers”.

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Rob Hailstone April 8, 2019

Conveyancers “underquoting to win business”, SRA suggests (LF)

Some conveyancing law firms are providing unrealistic initial quotes in order to win business and most cause unnecessary enquiries from the Land Registry, Solicitors Regulation Authority research (SRA) has suggested.

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Rob Hailstone April 8, 2019

Conveyancers ‘not explaining leaseholds’, SRA claims (LSG)

An alarming proportion of conveyancing firms are failing to explain the difference between freehold and leasehold ownership, research by the Solicitors Regulation Authority has found.

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Rob Hailstone April 5, 2019

Purplebricks stock downgraded 80% by investment bank (EAT)

Analysts at Berenberg Bank have sharply reduced their price target for Purplebricks by over 80 per cent from 470p to 80p, accusing the company of having “flown too close to

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Rob Hailstone April 5, 2019

Blockchain trial “has potential to transform property market” (LF)

The use of blockchain software in the end-to-end conveyancing process came a step closer when a worldwide trial involving international law firms and banks found the time taken to transact

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Rob Hailstone April 5, 2019

New platform aims to cut property transaction time by months

Instant Property Network (IPN), a property transaction network, has completed a global trial of a new distributed ledger-based system that has the potential to speed up property transactions.

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Rob Hailstone April 4, 2019

First UK Amazon Alexa Property Valuation Tool Is Launched (TC)

Homeowners across the UK will be able to ask their virtual assistant, Alexa, what their property is worth in the current market conditions.

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Rob Hailstone April 4, 2019

Business Gateway developer pack

Information for software developers and conveyancers who plan to develop the client side of HM Land Registry’s Business Gateway interface.

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Rob Hailstone April 3, 2019

Agents have just 12 months to head off referral fees ban – warning (PIE)

ARLA Propertymark warns they have just 12 months to prove they can be transparent on referral fees or face yet another ban.

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Rob Hailstone April 3, 2019

Housing Minister leaves open possibility of scrapping tenant fees ban after Government review (PIE)

Housing minister Heather Wheeler has not ruled out the tenant fees ban in England being scrapped in the future if it was shown to have increased rents.

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Rob Hailstone April 3, 2019

Firm in ‘clear breach of trust’ over multi-million-pound property deal (LSG)

A law firm acting in a property transaction paid out more than £500,000 to vendors in a ‘clear breach of trust’ and has ‘no realistic prospect of showing otherwise’ at

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Rob Hailstone April 2, 2019

Dodgy Dealing? Agents accused of pushing buyers to in-house mortgages (EAT)

Mortgage brokers are claiming that “a big number” of buyers are being cajoled into using estate agents’ in-house brokers.

Read More »
Rob Hailstone April 2, 2019
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