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Conveyancing and other property related news

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

Millennials will not be worse off than the Baby Boomers in retirement…But only if they get on the housing ladder

Millennials will not have worse pensions than baby boomers, a report has claimed, but only if they get on the housing ladder in time to have paid off their mortgage

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Rob Hailstone November 28, 2017

Chains getting more fragile as market weakens, warns estate agency (EAT)

The London-focussed estate agency Cluttons says chains in central London are becoming increasingly fragile thanks to general uncertainty in the wider economy leading to more nervous purchasers.

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Rob Hailstone November 28, 2017

Estate agents could face fines of up to £50,000 as new-build consumer code launches (PIE)

Estate agents selling new-builds on behalf of developers could be held liable for claims of up to £50,000 from disgruntled buyers when a new code of conduct launches this week.

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Rob Hailstone November 28, 2017

Leasehold Restrictions – the changes that need to be made (TC)

On the 19th October, HM Land Registry (HMLR) started its stakeholder consultation on Leasehold Restrictions with a conference in London where speakers such as ARMA, The Law Society and the

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Rob Hailstone November 28, 2017

New builds account for just 14% of property sales in England and Wales (TC)

New research shows that new build homes made up less than 14% of total property sales in England and Wales during 2016.

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Rob Hailstone November 28, 2017

Ten ways for agents to prepare for new data protection rules (PIE)

Estate and letting agents in the UK are six months away from the introduction of the EU-wide General Data Protection Regulation (GDPR).

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Rob Hailstone November 27, 2017

Safe as houses? (LSG)

More work could land on conveyancing solicitors’ desks following the abolition of SDLT for first-time buyers purchasing homes.

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Rob Hailstone November 27, 2017

Remortgaging rockets ahead of November interest rate hike, as new mortgages fall to fresh low

Remortgaging was pushed to an eight year high last month as borrowers looked to lock in deals ahead of November’s interest rate rise, and as growth in other forms of

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Rob Hailstone November 25, 2017

Government tweaks ‘additional homes’ stamp duty surcharge (EAT)

The small print of the Budget has revealed that the government is to make minor changes to the ‘additional homes’ three per cent stamp duty surcharge.

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Rob Hailstone November 24, 2017

Government dismisses scepticism of stamp duty reform (TC)

Warnings that the Budget Stamp Duty announcement could cause house prices to rise have been dismissed by the Government.

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Rob Hailstone November 24, 2017

Consumer champion attacks ‘cultural resistance’ to price transparency (LSG)

A consumer watchdog has urged regulators not to be deterred from reversing lawyers’ ‘cultural resistance’ to price transparency.

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Rob Hailstone November 24, 2017

74% of conveyancing firms said they had no plans to advertise their prices (LSG)

A consumer watchdog has urged regulators not to be deterred from reversing lawyers’ ‘cultural resistance’ to price transparency.

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Rob Hailstone November 24, 2017
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