VAT on CON29 searches to be delayed again
The addition of VAT to local authority searches has been deferred for a second time. VAT was set to be applied to CON29 searches from 4th July, but the decision has been taken by HMRC to delay implementation again. The 4th July date had previously been picked as it tied in with wider changes to […]
“Fraudsters hacked emails to my solicitor and stole £340,000 from my property sale”
“Fraudsters hacked emails to my solicitor and stole £340,000 from my property sale” What Happened: Paul and Ann Lupton sold the flat they had bought for their daughter for £340,000. Two days before the set completion date, Mr Lupton’s solicitor emailed requesting his bank account details for the sale proceeds to be paid into. Mr […]
TMA re-launch conveyancing panel with BM Solutions, My Home Move and Blacks Connect
TMA have re-launched their conveyancing panel with three providers chosen. After a “rigorous tendering process”, BM Solutions, My Home Move and Blacks Connect all made the cut. Previously, only BM Solutions provided conveyancing services for TMA. Financial advisers can earn a referral fee from recommending the conveyancer to their client or they can choose to […]
MP calls for CML handbook to be reduced to speed up conveyancing
Reducing the size of the Council for Mortgage Lenders Handbook would vastly speed up the conveyancing process according to one former conveyancing MP. The MP for Colchester Will Quince was admitted as a solicitor in 2013 before his election in 2015 was contributing to a Westminster Hall debate on the conveyancing process. Quince also said […]
The Insurance Act 2015
The Insurance Act, which comes into force on 12 August 2016, represents the greatest change to insurance contract law in this country in over a century. The Act will sweep away certain provisions of the Marine Insurance Act 1906 in order to reflect the demands of today’s insurance market. It will mainly influence commercial insurances […]
Equity release lending at new high
There was a surge of popularity in the equity release sector during the first quarter of 2017, with the new customer and lending growth at an all-time annual high.
