Leading search company for sale
On Wednesday 7th May Security Research Group plc (the owner of Property Search Group (PSG)) made the following announcement: “Security Research Group plc announces that it is to conduct a strategic review of its options concerning its wholly owned subsidiaries, PSG Franchising Limited and its subsidiaries and PSG Financial Services Limited. These options may include […]
Labour push letting agent fee ban vote
Labour announced they will attempt to push through a ban on letting agents charging fees to renting tenants, by calling a vote in the Commons. The party is tabling an amendment to the Consumer Rights Bill on Tuesday and leader Ed Miliband said his party was standing up for “generation rent”. Mr Miliband outlined his […]
Ombudsman could hold lawyers accountable for stamp duty
The Legal Ombudsman has released a report about Stamp Duty that raises the question of whether HMRC should hold lawyers, not clients, accountable for non-payment of stamp duty. The report, Complaints in Focus: Stamp Duty, found that there is an alarming trend of lawyers failing to pay Stamp Duty Land Tax on behalf of their […]
House sales rise more than a third
House sales were 34 per cent higher than the previous year in the period between October 2013 and January 2014, according to a new report. The Land Registry’s latest House Price Index for England and Wales showed that sales volumes averaged 74,941 transactions a month, compared to 55,824 in 2012/2013. Completed house sales in January […]
SRA planning major regulatory reforms
The SRA has announced plans for major programme of regulatory reform, which could see insurers need a financial strength rating. In a move to better the regulation of solicitors and firms, the SRA is consulting on four major areas to implement change in. The first is to enable more multi-disciplinary ABS’s to enter the market […]