Sep Rep decision from Irish Law Society
The Irish Law Society has passed a regulation prohibiting solicitors acting for both vendor and purchaser in conveyancing transactions (including voluntary transactions), with effect from 1st January, 2013. President Donald Binchy has written to members to inform them of this mornings decision. The decision followed the Council’s third lengthy debate on the issue where all […]
Buyers needing help to raise deposits
SmartNewHomes is calling on the government to continue support of schemes such as NewBuy as buyers continue to struggle to raise deposits. The launch of the government guaranteed NewBuy scheme saw buyer registrations on the website increase 101% compared to the previous week. Many first time buyers are lacking the cash for a deposit and […]
Estate agency red tape cut
Two key changes have been made to regulations governing estate agents as part of a government initiative to cut red tape. The Estate Agents Act is to be amended whilst the Property Misdescriptions Act will be removed. Under the amendment to the Estate Agents Act businesses hosting private property sales advertisements, without getting involved in […]