FSA to issue warning over ‘risky’ Lease Options – Part 1
Property investors up and down the UK are offering homeowners a lease option to solve their property problems. A lease option is basically an agreement between the buyer and the seller whereby the buyer agrees to buy the property at an agreed price (usually the full current market value) at some point in the future […]
The Society of Licensed Conveyancers holds conference in Derby.
The Society of Licensed Conveyancers (SLC) will be holding a conference entitled ‘Embracing the future of Conveyancing’ on 22nd November in Derby. The headline sponsors of the conference are Conveyancing Liability Solutions (CLS) and TM Group. The SLC has recently embarked on a process of reinvention as a dynamic and effective professional body to represent […]
Land Registry appoints Chair whilst staff levels are reduced by 8%
Last week Land Registry announced the appointment of its first Chair in its 149-year history. Mark Boyle has been appointed as the new non-executive Chair of Land Registry. The introduction of a Chair position, separate from the role of Chief Executive, was one recommendation of a recent Governance Review undertaken by Land Registry. The move […]
Countrywide creates specialist new build conveyancing team
Countrywide Conveyancing Services has continued its expansion by launching a specialist new build Conveyancing team which operates 7 days a week. At a time when many conveyancing firms are closing or completing defensive mergers the benefits of being part of a large business with access to capital are being demonstrated by Countrywide. Countrywide indicate that […]
Time to engage with your other conveyancing client?
The Council of Mortgage Lenders is holding a conference on the 1st December 2011 called “Shaping the Future of Conveyancing” and sponsored by xit2. Given lenders are your clients shouldn’t you attend? Michael Coogan who was the previous Director General of the CML is chairing the event and we have recently spoken to him. Michael […]
Land Registry reports 11% decline in conveyancing sales
The Land Registry issued its House Price Index during the course of last week. The headline figures reported that the annual fall of 2.6% of house prices year on year with this rate of decline being at a similar level for the last five months. The average price of a house in September 2011 being […]
Estate Agents and Conveyancers
The recent Secret Agent article, Money for old rope, “Conveyancers are doing less for their money-they don’t share the pressure to close deals as they’ll get paid regardless” filled me with dismay. I started working alongside a conveyancer in a solicitor’s office at the tender age of sixteen in 1974. Relationships with estate agents were […]
SearchFlow team raise over £10,000 in Ultra Challenge
A team of 16 from Kent based property search firm SearchFlow have completed the Lake District’s Ultra Challenge on behalf of Demelza House. The gruelling event called on participants to run, cycle, paddle, abseil and swim across 35 miles in under 12 hours. After an 8.30am start paddling the length of lake Ullswater, the SearchFlow […]
New SRA Consultation
The Solicitors Regulation Authority (SRA) is consulting on the implementation of the next stage of policy changes to ensure clients are protected financially. The changes were announced as part of the April 2011 Policy Statement http://www.sra.org.uk/financial-protection-policy-statement The main changes include: – the closing of the Assigned-Risks Pool (ARP) as a provider of policies of qualifying […]