Churches to pay VAT on maintenance and repairs
Conveyancing Data Services has highlighted the closing of a VAT loophole by George Osborne in last month’s Budget. Currently Listed Buildings, including those that are listed as places of worship do not have to pay VAT on any restoration. With this loophole closing, parish councils and places of worship will see a 20% […]
CML records 30% monthly increase in mortgage lending in March
CML figures released this week show a 30% increase in gross mortgage lending in March. The estimated gross mortgage lending figure is £13.4 billion, up from £10.3 billion in February. This also represents a 17% rise from March 2011. The first quarter of the year saw gross lending of an estimated £34.4 billion. This is […]
SRA responds to Financial Protection policy comments
The SRA has this week published the feedback which was received over the consultation over its Financial Protection policy. This consultation ran for 12 weeks and ended on January 17. The consultation looked at the proposed changes as part of the April 2011 Policy Statement. Comments made by stakeholders, along with the SRA responses have […]
Law Society calls for LSB to reject ‘costly burden’ on Compensation Board
Following from the SRA publication of the second stage of its Financial Protection policy review, the Law Society has called on the Legal Services Board (LSB) to reject the SRA decision to burden the Compensation Fund with PII cover for uninsured firms. The Law Society supports: – The removal of the Assigned Risks Pool (ARP) […]
ETSOS launches video nicey
Not every company would let its clients loose on camera but online search provider and conveyancing technology specialist ETSOS has done just that in its new promotional video. Eschewing traditional marketing puff for letting clients tell it like it is, the two-minute film neatly captures the differentiators that have made ETSOS one of the fastest-growing […]