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Filter by: AllAlertsNewsUpdates

MPs to probe foreign-owned property as part of ‘economic crime’ inquiry (EAT)

by Rob | Apr 3, 2018 | News

The Treasury Select Committee of MPs has announced an inquiry into ‘economic crime’ – including the possibility that overseas-owned UK homes could be used as shields for money laundering.

Daily Mail asks whether ‘meteoric rise’ of Purplebricks is built on dodgy foundations (PIE)

by Rob | Apr 3, 2018 | News

A major article on Purplebricks at the weekend in the Daily Mail said that its “meteoric rise” could be running out of steam.

Hacked law firm says client and staff details spread on Twitter (LSG)

by Rob | Apr 3, 2018 | News

Hackers have infiltrated the IT system of a national firm to harvest data before attempting to spread data through social media.

Will The Conveyancing Industry Ever Be Free From Fraud?

by Rob | Apr 2, 2018 | News

The conveyancing process is an attractive area for fraudsters due to the typically high value of the property involved.

The winners and the losers from Wales’ new Land Transaction Tax (PIE)

by Rob | Mar 28, 2018 | News

New property taxes in Wales will save average home buyers £560 compared with the old system, research suggests.

People moving home half as often as they did before the crash, reports BBC (PIE)

by Rob | Mar 28, 2018 | News

People are moving home half as often as they did before the crash, the BBC has reported in a national news item.

Anti-Money Laundering: Estate agents having difficulty with re-registration (PIE)

by Rob | Mar 28, 2018 | News

The deadline of April 1 is just a few working days away, but agents are having difficulty with the online system.

SRA consults on changes to legal insurance and compensation rules

by Rob | Mar 28, 2018 | News

The SRA have published proposals designed to make sure users of legal services get the appropriate level of protection, and in turn benefit from a more competitive marketplace and increased choice.

LSB gives go-ahead to the first stage of reforms to how solicitors qualify

by Rob | Mar 28, 2018 | News

Employers and education suppliers are being urged to push ahead with their preparations for the introduction of the Solicitors Qualifying Examination.

Purplebricks begins search for “lifetime relationship” with customers (EAT)

by Rob | Mar 27, 2018 | News

Purplebricks has given details of how it intends to use some of its new investment, and in particular is spelling out its desire to build “lifetime relationships” with customers.

Bruce brothers to sell some of their stake in Purplebricks (PIE)

by Rob | Mar 27, 2018 | News

Purplebricks’ share price plunged yesterday, at one stage falling to 262p.

Agents claim Stamp Duty exemptions are starting to work as first-time buyer sales hit new high (PIE)

by Rob | Mar 27, 2018 | News

The Stamp Duty exemptions are starting to have an impact on first-time buyers, agents claim, as sales to them reached a three-year high last month.

Price falls set to increase across UK’s biggest cities (PIE)

by Rob | Mar 27, 2018 | News

The annual rate of house price growth in London has reached a seven-year low and could be in negative territory by the middle of this year, research claims.

Law Society hits out at regulator’s ‘demolition’ of client protections (LSG)

by Rob | Mar 26, 2018 | News

The Law Society has voiced dismay over the ’demolition’ of client protections proposed by the regulator in its new consultation on client redress.

Huge new investment announced for Purplebricks (EAT)

by Rob | Mar 26, 2018 | News

Purplebricks has announced what it describes as “a strategic investment from Axel Springer, Europe’s leading digital publisher.”

Estate agent in first-class train carriage broadcasts details of property deals – and Jeremy Vine listens (PIE)

by Rob | Mar 26, 2018 | News

Who was the mysterious estate agent apparently travelling first class and who upset fellow passenger Jeremy Vine?

Government confirms new UK registry of foreign property owners will be created (PIE)

by Rob | Mar 23, 2018 | News

The Government is to introduce a new register of property ownership that will be the first of its kind in the world, set up to tackle corruption and money laundering.

HMRC wins ruling over scheme claiming to cut stamp duty on homes (EAT)

by Rob | Mar 23, 2018 | News

HM Revenue and Customs has won a key ruling concerning a tax avoidance scheme promoter which claimed to be able to cut stamp duty on property by up to 60 per cent.

SRA unveils sweeping reforms to indemnity insurance and compensation fund (LF)

by Rob | Mar 23, 2018 | News

The SRA has unveiled its second attempt to reduce the compulsory level of professional indemnity insurance to £500,000 – although conveyancers would have to secure £1m in cover.

SRA proposes to limit compensation fund and slash minimum PII cover (LSG)

by Rob | Mar 23, 2018 | News

These plans would effectively see the fund transformed into a ‘hardship’ pool for those wronged clients who are most in need.
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Recent News

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