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Filter by: AllAlertsNewsUpdates

Tory tiff prompts gossip about yet another new Housing Minister (EAT)

by Rob | Jan 16, 2020 | News

There is speculation that either Jenrick or McVey – or possibly both – will have to go.

Pressure piles on portals to ensure listings spell out leasehold terms to buyers (PIE)

by Rob | Jan 16, 2020 | News

Pressure is increasing on agents and portals to ensure leasehold terms are spelled out in all property listings, amid concerns that there will be a government crackdown on mis-selling.

New Property Information Packs set to roll out this spring after trials with agents (PIE)

by Rob | Jan 16, 2020 | News

A new service, Property Information Packs, is to roll out nationwide within the next three months, aiming at speeding up conveyancing and reducing fall-throughs.

Solicitor duped by ‘fake’ wife fined for failing to check ID (LF)

by Rob | Jan 16, 2020 | News

An experienced solicitor has been fined £20,000 for misconduct after being duped into accepting that a woman was who she said she was because he did not require documentary proof.

Slow progress migrating land charge data (LSG)

by Rob | Jan 16, 2020 | News

HMLR remains optimistic about efforts to reform land charge data to make the conveyancing process less stressful – despite acknowledging that the work is going slower than expected.

Housing Secretary commits to redress scheme for leaseholders (PIE)

by Rob | Jan 15, 2020 | News

Housing Secretary Robert Jenrick has confirmed that leaseholders will get a redress mechanism as he promised that long-awaited legislation on reform of the controversial form of tenure is on its way.

Security chief tells agents ‘more to do’ over money laundering (EAT)

by Rob | Jan 15, 2020 | News

Estate agents and others in the property industry have much more to do to deter money laundering.

Estate Agent Guilty Of Conveyancing Fraud (TC)

by Rob | Jan 14, 2020 | News

Claire Louise Ainsworth has been found guilty of conveyancing fraud, whilst she worked for an online estate agent.

APPG recognises efforts of Law Commission to improve enfranchisement

by Rob | Jan 13, 2020 | News

The All-Party Parliamentary Group recognises the efforts of the Law Commission and welcomes efforts to make leasehold enfranchisement – extending leases and leaseholders’ buying the freehold – easier, simpler and more cost-effective.

HMRC quietly drops AML application fee for estate agents (TN)

by Rob | Jan 13, 2020 | News

Decision is made to remove the £100 fee just 24 hours before the latest and 5th EU Anti Money Laundering directive passes into UK law.

Shock data shows UK agents amongst the worst paid in the world (EAT)

by Rob | Jan 13, 2020 | News

UK estate agents are amongst the worst paid in any country in the world according to new data.

Haggle with agents so you pay no more than 1% plus VAT, HomeOwners Alliance tells sellers (PIE)

by Rob | Jan 13, 2020 | News

Consumers are being advised that they should pay estate agents no more than 1% plus VAT for a sole agency contract.

New Obliged Entities Reporting Requirement Under 5AMLD (TC)

by Rob | Jan 13, 2020 | News

The government has reminded organisations about the requirement for obliged entities to report additional information discrepancies to Companies House.

Leasehold reform will lead to fewer professionally managed apartment blocks (TN)

by Rob | Jan 10, 2020 | News

Warning comes from leading leasehold services provider which warns reducing income for freeholders will hit the block management sector hard.

Law Commission Publish Enfranchisement Recommendations (TC)

by Rob | Jan 10, 2020 | News

The Law Commission has published a report setting out options for reducing the costs leaseholders have to pay during the enfranchisement process of extending their lease or buying the freehold title.

SRA Urge Firms To Immediately Comply With 5ALMD (TC)

by Rob | Jan 10, 2020 | News

The Solicitors Regulation Authority has urged around 7,000 of its regulated firms to re-assess their processes now that the Fifth Anti-Money Laundering Directive has come into force.

Leasehold Reforms Easing Enfranchisement Hostility (TC)

by Rob | Jan 10, 2020 | News

A leading specialist in leasehold enfranchisement has claimed current leasehold legislation is to blame for attributing to disputes and hostility between leaseholders and freeholders during the enfranchisement process.

SRA offers reassurance over short deadline for AML changes (LF)

by Rob | Jan 10, 2020 | News

The Solicitors Regulation Authority will take into account the short period of time law firms have had to comply if they fall foul of today’s new anti-money laundering rules, it has said.

Three options for reforming leasehold enfranchisement (LSG)

by Rob | Jan 10, 2020 | News

After a year after receiving hundreds of responses to proposals for reforming the process enabling leaseholders to buy or extend their lease, the Law Commission presents the government with three options.

Guidance on new AML regime could take months (LSG)

by Rob | Jan 10, 2020 | News

Treasury-approved guidance on how to comply with the new anti-money laundering regime coming in to force today may not be available for months.
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Recent News

  • Warning: Document misusing the name of Lexvisa
  • Warning: Emails misusing the name of LEXLAW
  • Warning: Website falsely claiming to be Streathers Solicitors
  • Warning: Website claiming to be a law firm called ‘Neil Graham LLC’
  • Warning: Communications from ‘Thomas Bryan’ and ‘Arthur Miller’

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