Month: May 2010

Conveyancing

April Land Registry figures show which firms made the most

Data obtained by Today’s Conveyancer shows that 226,000 applications were made to Land Registry in April by account holders.  This figure included commercial work, social housing and applications such as name changes by lenders. Some of the biggest applicants were banks and commercial businesses with Trowers and Hamlins heading the list. Click here to see […]Read More

Conveyancing

Land Data calls for end to Personal Searches – 24th

Land Data issued a press release last Thursday supporting the swift decision by the coalition to suspend Home Information Packs but went on to ask for "official authoritative searches to be made compulsory in all covneyancing transactions." Jan Boothroyd, Land Data Chief Executive, said that "Home Information Packs almost immediately became synonymous with price and […]Read More

Conveyancing

HIPs are history – 20th May 2010

Communities Secretary Eric Pickles and Housing Minister Grant Shapps today announced that with immediate effect, they are suspending the requirement for homeowners to provide a Home Information Pack (HIP). Pending primary legislation which would be required for a permanent abolition, Mr Pickles today laid an Order suspending HIPs with immediate effect.   This action follows […]Read More

Conveyancing

SRA due to meet the ABI over PII rules –

Malcolm Tarling a Spokesman for the Association of British Insurers has informed Today’s Conveyancer that there are on going discussions between the ABI and the Solicitors Regulatory Authority to try to address the growing concerns associated with the solicitors professional indemnity insurance market.  A meeting next week would hopefully constructively address some of the concerns […]Read More

Conveyancing

20% Off Offer To Redeem Some Mortgages – 5th May

According to The Telegraph, Toscafund, a financial management firm has been inviting some borrowers to redeem mortgages at between 15% and 20% below the "normal" redemption figure.   Apparently Toscafund has been busy spending £255M on buying up portfolios of mortgages at below their normal value to enable banks to raise capital.  The Telegraph indicates […]Read More

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