by Rob | Aug 23, 2019 | News
Continued Westminster wrangling over Brexit is plaguing the conveyancing market, it has been claimed, as official figures revealed the slowest quarter for activity in two years.
by Rob | Aug 22, 2019 | News
Sole practitioners and principals of small firms have reacted with shock and bewilderment to letters notifying them that their insurer has pulled out of the professional indemnity market.
by Rob | Aug 22, 2019 | News
Letting agents are being advised to have a back-up plan as a major UK bank has notified clients that it will be closing undesignated client accounts.
by Rob | Aug 20, 2019 | News
A large commercial law firm will ditch its client account in favour of a third-party managed account (TPMA) by the end of the year, a leading payment processor has predicted.
by Rob | Aug 19, 2019 | News
Rightmove says the number of homes stuck in what it calls “the legal log jam” is at its highest for over five years.
by Rob | Aug 19, 2019 | News
Properties are taking longer to get from sales agreed to exchange, Rightmove said this morning.
by Rob | Aug 19, 2019 | News
Chancellor, Sajid Javid, has dismissed a front page story run by The Times that he is considering a change to Stamp Duty by switching the payment from buyers to sellers.
by Rob | Aug 17, 2019 | News
Ongoing problems are beginning to seriously impact the housing market as leaseholders wait for months to update leases prior to putting properties on the market.
by Rob | Aug 16, 2019 | News
A sales progression tool is urging property professionals and consumers alike to do more to speed up typical transaction times, and claims that on average the exchange of contracts takes 166 days – equivalent to 5.3 months.
by Rob | Aug 16, 2019 | News
Modern method of auction is growing in popularity across the UK as a more buyer friendly option. It works like an auction on eBay, where buyers can bid on property online from anywhere in the world.
by Rob | Aug 15, 2019 | News
A company that runs an anti-money laundering verification platform has called for all property sales to be brought under the law.
by Rob | Aug 15, 2019 | News
Partners and fee-earners in law firms which have closed should give “careful thought” to buying additional run-off cover to protect them when the Solicitors Indemnity Fund closes next year.
by Rob | Aug 14, 2019 | News
Landlord confidence has fallen to a record low, according to the National Landlords Association.
by Rob | Aug 13, 2019 | News
A London council admits that it typically takes 50 working days for a search – which means a Local Land Charge submitted today would be answered around October 23.
by Rob | Aug 13, 2019 | News
McMafia style rules may work well on TV. But such practices do not serve society well should they become a reality.
by Rob | Aug 12, 2019 | News
Developers selling homes on their own sites do not have to be registered for anti-money laundering purposes – but any estate agent selling those very same homes must be.
by Rob | Aug 12, 2019 | News
The Solicitors Disciplinary Tribunal has thrown out the prosecution of two solicitors for breaching the money laundering regulations rules after finding that they had no case to answer.
by Rob | Aug 12, 2019 | News
The number of mortgage possession claims has surged by almost 40% in the past year, and warrants and repossessions are also on the rise.
by Rob | Aug 9, 2019 | News
The second UWO has been issued in July to prevent the proliferation of criminals using property to secrete and launder their ill gotten gains.
by Rob | Aug 9, 2019 | News
The SRA has set out ways in which solicitors can fail to act with integrity – the source of much debate over the extent to which it differs from dishonesty.