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Conveyancing and other property related news

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

Are Property Lawyers Sleepwalking Into Leasehold Nightmare? (IC)

A number of lenders have recently increased their minimum unexpired lease term requirements to 85 years.

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Rob Hailstone August 3, 2016

Bankruptcy Searches in Conveyancing

Should a bankruptcy search be carried out against a seller, before exchange?

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Rob Hailstone August 2, 2016

Committee Chair responds to Land Registry privatisation consultation (TC)

Tory MP and Chair of the Public Administration and Constitutional Affairs Committee has expressed concerns over the potential privatisation of Land Registry.

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Rob Hailstone August 2, 2016

Leasehold reform blow over landlord redress (LSG)

The government has ruled out forcing landlords of leasehold properties to belong to a redress scheme, dealing a blow to conveyancers seeking urgent reform of leasehold legislation.

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Rob Hailstone August 2, 2016

Senior Tory MP is latest to raise concern at Land Registry sell-off threat (EAT)

MP Bernard Jenkin, the chairman of the public administration committee, is the latest to raise concerns at the possible privatisation of the Land Registry.https://www.estateagenttoday.co.uk/breaking-news/2016/7/senior-tory-mp-is-latest-to-raise-concern-at-land-registry-sell-off-threat

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Rob Hailstone August 1, 2016

Law Society issues new practice note on use of electronic signatures in contracts (EAT)

The Law Society has issued a new practice note confirming that most commercial contracts governed by English law can be validly signed with an electronic signature rather than needing ink

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Rob Hailstone July 29, 2016

Mortgage and propety fraud up 50% this year (TC)

Mortgage and property fraud have increased by 50% in the past year according to a study by information services company Experian.

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Rob Hailstone July 28, 2016

Couples buying jointly with unequal deposit contributions routinely foregoing legal protection (TC)

A third of couples who buy houses together with unequal contributions to the deposit will avoid getting any legal protection for their proportion of the asset as a whole for

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Rob Hailstone July 28, 2016

Price index “will bring transparency” to legal fees (LF)

A lawyer-matching platform has answered the growing clamour for charging transparency with a price index based on its database of 15,000 quotes, broken down into detailed categories of commercial work.

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Rob Hailstone July 28, 2016

Chair of Legal Sevices Consumer Panel calls for firms to publish average prices (TC)

The Chair of the Legal Services Consumer Panel says publishing average prices could be “the catalyst needed for consumers to make detailed enquiries about cost.”

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Rob Hailstone July 27, 2016

Ministers urged to abolish ‘disastrous’ Stamp Duty to help solve housing crisis (PIE)

All rates of Stamp Duty should be halved immediately and then scrapped altogether, while the 3% surcharge on buy-to-let properties and second homes should be ditched without delay.

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Rob Hailstone July 25, 2016

Revealed: the conveyancers most frequently mentioned by LeO (TC)

In total there were 344 firms subject to 460 decisions.

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Rob Hailstone July 21, 2016
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