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Conveyancing and other property related news

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

Over 7,000 agents showing signs of ‘financial distress’ as numbers of insolvencies creep up (PIE)

A total of 153 estate agents have gone insolvent in the last year, up slightly from 148 the year before.

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Rob Hailstone July 2, 2018

Purplebricks enters Canadian property market with take-over (PIE)

Purplebricks is to enter the the Canadian market with the acquisition of an online firm it describes as similar to itself.

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Rob Hailstone July 2, 2018

Australian conveyancing attack highlights global risk of fraud (TC)

A case from Australia has highlighted the ongoing fraud threat which the conveyancing process is so vulnerable to.

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Rob Hailstone July 2, 2018

Bermuda’s land registry to go on blockchain

The Bermuda Government has signed an agreement with the Bitfury Group to add blockchain technology to the island’s land registry system.

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Rob Hailstone June 29, 2018

Calls made for new home ombudsman (TC)

The All Party Parliamentary Group for Excellence in the Built Environment have called on the government to make it mandatory for all housebuilders to belong to an independent ombudsman scheme.

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Rob Hailstone June 28, 2018

Government releases new ‘how to’ guides on leasing, letting and renting (TC)

Three new guides designed to help landlords and tenants who work or live in private rented housing have been published this week.

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Rob Hailstone June 27, 2018

Land Registration and residential leaseholds confirmed as Law Commission projects of reform (TC)

The Law Commission has this week issued an update on its latest programme of reform.

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Rob Hailstone June 27, 2018

Transactions hit a two-year low across England and Wales – and in London, sales dwindle to a nine-year low (PIE)

Property transactions in England and Wales have hit their lowest level since the additional Stamp Duty charges were introduced in April 2016, London Central Portfolio claims.

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Rob Hailstone June 26, 2018

Home buyers reveal lack of trust in estate agent conveyancer referrals (PIE)

More than a third of home buyers no longer trust conveyancers recommended by estate agents.

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Rob Hailstone June 25, 2018

Industry share their view on referral fees survey launch (TC)

Last week, the National Trading Standards Estate Agency Team launched a survey aiming to assess the use of referral fees by estate agents.

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Rob Hailstone June 25, 2018

Gap between average seller expectation in the UK and actual selling price put at 45% (IC)

The difference between the average asking price and the actual selling price for property in the UK is currently 45%, with the gap highest in England and smallest in Scotland,

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Rob Hailstone June 22, 2018

Benefits of reduced PII cover ‘illusory’, says City group (LSG)

The body representing City solicitors has published a stinging condemnation of plans to reduce law firms’ minimum professional indemnity cover.

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Rob Hailstone June 22, 2018
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