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Filter by: AllAlertsNewsUpdates

Capital Gains change could create “compliance nightmare” warns tax expert (EAT)

by Rob | Apr 13, 2018 | News

A proposal by HMRC to speed up HMRC Capital Gains Tax payments for residential property sales could create a “compliance nightmare.”

UK lenders expect rebound in demand for mortgage lending in coming months – BoE (IC)

by Rob | Apr 13, 2018 | News

British lenders expect to see demand for mortgage lending rebound over the next few months after a sharp drop in the first quarter of 2018, a Bank of England survey showed.

Consultation launched on residential building safety in the UK (IC)

by Rob | Apr 13, 2018 | News

The British Government has launched a consultation on proposals to toughen rules on residential building safety, particularly strengthening fire testing for cladding.

More backing for buying reforms from conveyancers and agents (EAT)

by Rob | Apr 12, 2018 | News

The Conveyancing Association has backed the government’s calls for extensive reform of the buying and selling process, announced at the weekend.

Will requiring estate agents to be professionally qualified improve the market? No, says think tank (PIE)

by Rob | Apr 12, 2018 | News

It is no surprise that plans requiring estate agents to hold professional qualifications in future have gone down well with the National Association of Estate Agents.

Agents report deepening housing market gloom as buyer enquiries fall for 12th consecutive month (PIE)

by Rob | Apr 12, 2018 | News

Buyer demand has now fallen continuously for a full year, estate agents who are members of RICS have reported.

Purplebricks tells Government to go further in reforms and compel high street agents to publish fees (PIE)

by Rob | Apr 11, 2018 | News

Purplebricks has called on the Government to go further in its proposals to clamp down on the industry by requiring agents to publish their commission rates.

Home sellers should be forced to provide upfront information, says trade body (LSG)

by Rob | Apr 11, 2018 | News

A trade body for conveyancers says it would liked to have seen the government require sellers to provide vital information prior to their property being viewed in order to improve the homebuying and selling process.

HomeOwners Alliance challenged to display its own referral fees on website (PIE)

by Rob | Apr 10, 2018 | News

The HomeOwners Alliance has been embroiled in a public dispute on Twitter after the Government announced that estate agents must in future disclose referral fees.

Conveyancing: dual representation off the table (LSG)

by Rob | Apr 10, 2018 | News

Buyers and sellers will not be encouraged to use the same conveyancer as part of the government’s plans to fix what it considers to be a ‘broken housing market.

Government targets referral fee transparency and conveyancers publishing performance data (LF)

by Rob | Apr 9, 2018 | News

Estate agents will need to be more transparent over referral fees they receive from lawyers, while conveyancers will have to publish performance data, the government has decreed.

Government to professionalise the estate agent market

by Rob | Apr 8, 2018 | News

New measures will be introduced to professionalise the estate agent market, driving up standards and bringing an end to ‘rogue managing agents’.

Government accused of lack of clarity over anti-money laundering rules (EAT)

by Rob | Apr 6, 2018 | News

A technology company is accusing the government of leaving agents and other property professionals with “a lack of clarity” about exactly what new anti-money laundering requirements mean.

FCA warn of cloned property investment firm (TC)

by Rob | Apr 6, 2018 | News

Legitimate firm, Castlebrook Properties Ltd. has been copied by fraudsters, who have set up a copycat firm under the same name.

First-ever mortgage with digital signature is lodged at Land Registry (EAT)

by Rob | Apr 5, 2018 | News

The first-ever ‘digital mortgage’ deed has been lodged at HM Land Registry, for a property at Rotherhithe in London.

Blockchain conveyancer uses AI to put online auctions “beyond manipulation” (LF)

by Rob | Apr 5, 2018 | News

An online property sales platform that uses the blockchain to record property transactions has adopted artificial intelligence (AI) technology in its auction process, in the hope of boosting trust by removing human error and putting it “beyond manipulation”.

Legal Ombudsman costs jump £1.8m ahead of 20% case increase (LSG)

by Rob | Apr 5, 2018 | News

The Legal Ombudsman’s office says that its spending this year will rise sharply after it admitted underestimating its likely workload.

Government admits falling behind on Right to Buy replacement pledges (PIE)

by Rob | Apr 4, 2018 | News

The Government has admitted falling short on its commitment to replace council housing units sold under the Right to Buy scheme.

Estate agents fined average of £12k for AML non-compliance (TC)

by Rob | Apr 4, 2018 | News

Recent research has revealed that 11,842 is the average agency fine for supposed anti-money laundering non-compliance.

Indemnity insurance reforms “will damage small firms” (LF)

by Rob | Apr 4, 2018 | News

Indemnity insurance reforms put forward by the Solicitors Regulation Authority (SRA) last month will damage the small firms the regulator is trying to help, a specialist law firm has warned.
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