Professional Document Scanning Enhances Data Security Compliance
The General Data Protection Regulation (GDPR) became law in May 2018. Data security is extremely serious as failure to comply could have major consequences for your firm – with the bottom line being it could cost your business millions and cause severe damage to customer relationships and your brand image. With an evolving legal industry, […]
CMA Formally Launch Investigation Into Leasehold Market
The Competition and Markets Authority (CMA) has officially launched its investigation into the leasehold market today, June 11th 2019. In May, Andrea Coscelli, Chief Executive of the CMA, penned a letter to the committee chair of HCLGC emphasising the need to investigate the most onerous areas of leasehold property including permission fees, doubling ground rents […]
‘Smart’ Contracts in Conveyancing
Working in this part of the market, there’s a very large part of me that believes if others can develop ‘smart water’, then we should certainly be able to produce ‘smart contracts’ in conveyancing. Indeed, you have to wonder just how ‘smart’ the water really is, and whether those who are paying a premium for […]
SLC And UK Finance Collaborate To Standardise Lending Policies On Unexpired Leases
The Society of Licensed Conveyancers (SLC) and UK Finance have been working to standardise lending policies on unexpired lease terms to help ease the difficulties many leaseholders are finding when trying to resell their home. The SLC estimate that over 1 million leases have less than 80 years remaining. In the past decade, lenders have […]
Too Many Able Buyers Help Themselves To Help To Buy
Since the launch of the Help to Buy Equity Loan scheme in 2013, around 65,000 households or a third (31%) of people using the scheme could have purchased their home without using Help to Buy. Whilst one of the main aims of the scheme was to stimulate a stalling property market in the aftermath of […]
