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Conveyancing and other property related news

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

60,000 first time buyers have benefitted from stamp duty change – Hammond (EAT)

Chancellor Phillip Hammond claims over 60,000 first time buyers have already benefitted from the stamp duty relief he announced at his November Budget.

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Rob Hailstone March 13, 2018

Surcharge for ‘five day exchange and completion’ is slammed as rip-off (EAT)

A critic of the conveyancing process has accused a law firm’s charge of £95 for “exchange and completion within five working days” of being “scandalous” and “a rip off”.

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Rob Hailstone March 13, 2018

‘Lazy’ agents warned that they cannot outsource money laundering and due diligence obligations (PIE)

A lawyer has warned that estate agents trying to offload their anti-money laundering responsibilities via outsourcing to a third party will not succeed.

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Rob Hailstone March 13, 2018

Consumer loses £600k in conveyancing scam (TC)

A consumer has been left almost £600,000 out of pocket after falling victim to a conveyancing scam.

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Rob Hailstone March 12, 2018

Land Registry to reform land charge data (LSG)

HM Land Registry has revealed that it is seeking solicitors’ opinions on reforming CON29 searches as it begins the process of migrating local land charges information in England into a

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Rob Hailstone March 12, 2018

Buyers should be forced to take out property fraud insurance

Steven Porter, whose legal firm is representing client P&P Properties in property fraud appeal case heard last week, says it’s the only way to square the circle.

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Rob Hailstone March 9, 2018

New ‘double quick’ transaction system put together by conveyancers and agents in same city (PIE)

A group of property professionals, among them a number of estate agents, has devised a new system designed to speed up property transactions that has led to the completed sale

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Rob Hailstone March 9, 2018

Experts warn of ‘clear and present danger’ of AI terror attacks

Research into the future of artificial intelligence undertaken by a host of academic and industry experts has warned of a ‘clear and present danger’ that terrorists could harness the technology

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Rob Hailstone March 9, 2018

Thousands of Help to Buy purchasers facing ticking time-bomb in loan costs (PIE)

Thousands of buyers who used the Help to Buy equity loan scheme are facing a milestone anniversary which could prove costly.

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Rob Hailstone March 7, 2018

Brand new house price index claims superiority over rivals – even Land Registry (EAT)

Investment consultancy London Central Portfolio has launched a new index which it claims uses “the most comprehensive data available” to assess prices of properties in three areas – UK-wide, Greater

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Rob Hailstone March 7, 2018

Revealed: Purplebricks “stunning growth” explained by top industry analyst (EAT)

One of the world’s leading property technology analysts has compiled a major report on estate agents’ business models – an exercise which has included a detailed assessment of what lies

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Rob Hailstone March 7, 2018

Crimestoppers working with agents to deter ruthless conveyancing fraudsters (EAT)

Crimestoppers is working with estate agencies and financial advisers as well as conveyancers in a bid to eliminate house buyers’ deposits being stolen.

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Rob Hailstone March 7, 2018
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