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Spotlight falls on quick-sale industry as police launch investigation into stings (PIE)

Police are investigating allegations that people who used a quick-sale firm to sell their homes lost thousands of pounds and were only given a fraction of the money they were

Rob Hailstone August 11, 2017

Mortgage repossession claims on the rise (LSG)

The number of mortgage repossession claims is creeping up again after a lengthy period of stability, new figures show.

Rob Hailstone August 10, 2017

Solicitors warned about failure to report sanctioned clients (LSG)

Action could be taken against law firms that fail to report clients subject to financial sanctions, the Treasury has confirmed.

Rob Hailstone August 10, 2017

Cyber crime a big threat, say conveyancers (but they haven’t done much about it) (PIE)

Almost six in ten property law firms say that cyber crime poses a big threat when handling property transactions – but only a minority have done much about it.

Rob Hailstone August 10, 2017

New Bill to implement GDPR into UK law (TC)

A new Data Protection Bill will implement the EU’s General Data Protection Regulation into UK law.

Rob Hailstone August 10, 2017

Lawyers face prosecution threat over financial sanctions compliance (LF)

Lawyers are among those who could face prosecution if they fail to report information that could undermine UK financial sanctions, after a change to the law that came into force

Rob Hailstone August 10, 2017

Bid for higher SRA fining powers and lower burden of proof “on government agenda” (LF)

The Treasury yesterday finally published an update on progress with the recommendations of the Insurance Fraud Taskforce, showing that the possibility of increasing the fining power of the Solicitors Regulation

Rob Hailstone August 10, 2017

Government tries to stamp out speculation over Help To Buy (EAT)

The Government has poured cold water over industry speculation that Help to Buy could be phased out or significantly modified between now and its official end in 2020.

Rob Hailstone August 9, 2017

Developer agrees to buy back freeholds as storm over leasehold scandal gathers (PIE)

Property developer Countryside Properties has agreed to buy back some of the freeholds it sold to investor E&J Estates.

Rob Hailstone August 8, 2017

HIPs lite: Countrywide well placed to introduce Scottish Home Reports south of the border (PIE)

Countrywide would be well placed to trial English-style Home Reports, the managing director of one of the estate agency’s Scottish surveyor brands has claimed.

Rob Hailstone August 8, 2017

Help to Buy Equity Loan Scheme will continue to 2021 (IC)

The Department for Communities and Local Government (DCLG) issued a statement amid reports that the scheme was set to be scrapped soon. Since its launch in 2013 it has helped

Rob Hailstone August 8, 2017

Digital signatures could speed up mortgage process (TC)

HM Land Registry have claimed that the days of mortgage deeds being confined to paper may be drawing to a close.

Rob Hailstone August 8, 2017