CoPSO Claim Searches Are Not To Blame For Delays
The Council of Property Search Organisations (CoPSO) has criticised the media for lambasting the searches sector for slowing down the home buying and selling process. They acknowledge that some local authorities may be guilty of slow search return times but assured the sector that the majority are returned within the Government recommended time frame of […]
Fraudster Jailed After Stealing £75k Home
A con woman has been jailed for 20 months after changing her name by deed poll, and selling a £75,000 house, without the real owner knowing. Sarah Broadbelt took out a passport under her new identity of Marion Patterson – the legal owner of the property – and opened two bank accounts, conning the solicitors […]
Conveyancing Transactions Tumble 23% Since 2017
Conveyancing transactions have plummeted by over a fifth since 2017. According to Search Acumen’s conveyancing market tracker, the opening three quarters of 2019 completed 23% fewer transactions than in 2017 and a 4% reduction on 2018’s total up to September. Between January and September, conveyancers worked on 731,799 residential transactions which represented a 12% fall […]
Six Out Of 10 People Admit To Never Checking Their Flood Risk
People in Great Britain are still not checking the flood risk of their homes, in spite of increased incidents of flood events across the country. 62% of respondents to a new YouGov survey, which was commissioned by property data company Landmark Information Group, stated that they have never checked the flood risk level of their […]
RICS Overhaul Home Surveys To Improve Home Moving Process
This week the Royal Institution of Chartered Surveyors (RICS) launched a new Home Survey Standard to protect buyers and sellers, while providing better clarity and transparency to consumers. The new mandatory standard followed an industry and consumer consultation that was commissioned earlier in 2019. With surveyors and consumers calling for more clarity surrounding home surveys, the new Home […]