2014 sees largest remortgage loan ever recorded
This year has seen the largest amount ever recorded for an average remortgage loan, with the figure standing at £163,161, according to new figures. Rising house prices have pushed remortgaging loans up and the increases is nine per cent higher than in June last year, and five per cent up from May. Rising property values […]
New scam hits conveyancers
Conveyancers are being warned about a new scam that intercepts emails and uses the information in them to steal money. The scam, reported to have hit firms in South Africa, works by sending an email to a conveyancer and asking for monies owed to them, such as a refunded deposit, to be put into a […]
Interview with Tim Higham of Trethowans
Tim Higham is a Partner at Trethowans, specialising in all aspects of residential conveyancing. He tells Today’s Conveyancer how he always pushes for quality in the industry — and wishes other firms would do the same. Do you believe there is a quality issue in conveyancing at the moment, Tim? ‘I’m always one for pushing […]
New consultation on stamp duty and land tax
The government is holding a consultation to discuss making changes to the stamp duty and land tax rules. The consultation seeks views on changing certain collective investment schemes: the seeding of property authorised investment funds; and the wider SDLT treatment of co-ownership authorised contractual schemes. The consultation will seek to better understand the property funds […]
New bill to end landowners' funding church repairs
A new Private Members’ Bill to ‘end the liability of lay rectors for the repair of chancels’ has been introduced into Parliament. Liberal Democrat Peer Lord Avebury put the new legislation forward on July 16 to stop landowners having to fund repairs for their parish church. In an article by the Law Gazette, Lord Avebury […]