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Conveyancing and other property related news

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

Afraid of the competition? SRA ratchets up rhetoric in row with SRA (LF)

The row between Solicitors Regulation Authority and Law Society over the former’s plan to allow solicitors to practise from unregulated firms has stepped up a notch, with the SRA saying

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Rob Hailstone September 14, 2017

Firms braced for negligence flood over ground rent advice (LSG)

Negligence claims against property solicitors will continue to rise sharply as the issue of leasehold ground rents comes into focus, experts have predicted.

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Rob Hailstone September 13, 2017

Average estate agent’s fee sinks to 1% – how low can it go? (PIE)

The average estate agency fee has fallen to almost exactly 1% – and is likely to fall further, despite mounting costs for agents.

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Rob Hailstone September 12, 2017

Conveyancers urged to question Japanese Knotweed on new homes purchases (TC)

Conveyancers are being warned about the risk of future litigation if Japanese Knotweed is found at a new property that they have acted on.

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Rob Hailstone September 12, 2017

Ground rent negligence claims start to surge as report identifies undersettling and discount rate as other major risks (LF)

The surge in claims against solicitors over their advice to home buyers on ground rent clauses has begun, with 400 issued in less than a year, according to research by

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Rob Hailstone September 12, 2017

Whistleblower claims buyers who go with agent’s financial and conveyancing services are given £1,000 ‘bribe’ (PIE)

A whistleblower has told the Telegraph of dodgy practices used by a large chain which she says mean only the agents win while both seller and buyer lose out.

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Rob Hailstone September 11, 2017

The dodgy estate agent tactics that leave buyers and sellers out of pocket

There’s a joke among estate agents that they no longer sell houses – instead, they increasingly profit from mortgage broking and conveyancing services, causing buyers and sellers to lose out.

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Rob Hailstone September 11, 2017

Fraudsters going to “considerable lengths” to impersonate conveyancers LF

The many ways in which fraudsters try to trick solicitors, property owners, buyers, sellers, borrowers and lenders have been laid out in new guidance issued jointly by HM Land Registry

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Rob Hailstone September 11, 2017

‘Beware BHS or Woolworths transactions’, conveyancing solicitors warned (LSG)

The Law society and H M Land Registry have published today a ‘joint property and title fraud advice’ note.

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Rob Hailstone September 8, 2017

CMA urges legal regulators to move faster on price transparency (LF)

The Competition and Markets Authority is concerned at the pace with which regulators are planning to introduce greater price transparency in the legal market, it has emerged.

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Rob Hailstone September 8, 2017

Government to ‘consider’ electronic will proposals (LSG)

The government has denied that a proposed change to the laws surrounding wills could result in people sending wills by text message, as it concedes it is yet to consider

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Rob Hailstone September 8, 2017

Another call for stamp duty costs to be transferred to sellers (PIE)

With party conference season around the corner and the next Budget just a couple of months away, more industry players are taking the opportunity to lobby politicians for changes they’d

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Rob Hailstone September 7, 2017
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