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Conveyancing and other property related news

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

‘Conveyancing factories’ with inexperienced juniors can delay transactions (LSG)

‘Conveyancing factories’ with inexperienced juniors processing complex transactions can delay transactions, a law firm chief executive has warned ahead of responding to the government’s proposals to improve the home buying

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Rob Hailstone November 3, 2017

Gazumping has ‘affected 12% of property transactions’ this year, claims data firm (PIE)

A study from property data company TwentyCi has claimed that 12% of property transactions in England and Wales have been subject to gazumping this year.

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Rob Hailstone November 3, 2017

Get ready for the General Data Protection Regulation (LF)

The EU General Data Protection Regulation (GDPR) comes into effect in May 2018. It takes the existing Data Protection Act 1998 (DPA) principles to the next level and will enforce

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Rob Hailstone November 3, 2017

HomeOwners Alliance calls for £1,000 ‘reservation agreements’ to tie in buyers and sellers (PIE)

The call has come from the HomeOwners Alliance, which says that fall-throughs are costing buyers and sellers over £500m a year.

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Rob Hailstone November 1, 2017

Economic crime chief puts solicitors in the dock over money laundering (LF)

A director of the National Crime Agency has told solicitors that the legal profession is worse than any other financial services sector in reporting money laundering suspicions.

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Rob Hailstone November 1, 2017

Only 6% of consumers can find prices on lawyers’ websites (LF)

The Legal Services Consumer Panel today ratcheted up the pressure on regulators to impose transparency requirements on lawyers with survey findings that only 6% of consumers could find prices on

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Rob Hailstone November 1, 2017

‘Stamp duty is UK’s worst tax – scrap it to help housing market’ (EAT)

Stamp duty on property sales is gumming up the housing market, stopping people from moving to the jobs they need, and keeping people in houses that are too large for

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Rob Hailstone October 31, 2017

Call For Evidence Webinar: How Could It Affect Conveyancers (TC)

Last Sunday, the Department for Communities and Local Government launched a ‘Call for Evidence’, seeking the views of involved parties on how the home moving process could be improved.

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Rob Hailstone October 30, 2017

Reforming The Conveyancing Process (TC)

Professionals are buried beneath heavy workloads, trying to communicate with the other side, gather the necessary information to progress a transaction as well as keep the client up to date.

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Rob Hailstone October 30, 2017

Conveyancing process faces brick wall (LSG)

Research states that the most common frustration among homebuyers and sellers is the length of time that the conveyancing process takes.

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Rob Hailstone October 30, 2017

More High Street agents buy into ‘Tinder-style’ online sales system (EAT)

Six more High Street estate agencies have signed up to an online platform that allows them to offer customers a fixed-fee listing service for £895.

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Rob Hailstone October 27, 2017

Release of new data by HMLR reveals cash buyer numbers (TC)

New data has been released by HM Land Registry showing the number of properties which were bought using solely cash.

Read More »
Rob Hailstone October 27, 2017
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