Will First Homes Usurp Affordable Housing Funding?
A leading consumer group is calling for the Government to ‘avoid unintended consequences’ of their recent plans to offer a 30% discount on new homes for local first-time buyers. The Homeowners Alliance (HOA) believes further research and development is needed to avoid ‘First Home Prisoners’ and reductions in investment to other worthy affordable housing schemes. […]
Esther McVey Latest Victim Of Housing Ministerial Hotseat
We say goodbye to another housing minister following the sacking of Esther McVey who loses her position in a cabinet reshuffle. It was hoped that the appointment of Robert Jenrick as Housing Secretary and Esther McVey as Housing Minister in July 2019 would provide some much-needed stability in the roles. Unfortunately, the revolving door continues […]
CLC Consults On New Guidance On Client Funds And Aged Balances
Draft guidance on how firms regulated by the Council for Licensed Conveyancers (CLC) can use third-party managed accounts (TPMAs) – instead of holding client money themselves – has been published today by the regulator. The CLC is consulting on proposed guidance which follows forthcoming revisions to the CLC’s Accounts Code. The guidance is for the […]
Scottish Lawyer Struck Off Roll
Alistair Bowie, aged 69, has been struck off the solicitors’ roll after being found guilty of ‘professional misconduct’ over his failure to act in his client’s best interest. Mr Bowie, acted on behalf of a 70-year-old client, however, he transferred the title from the client’s home over to an Edwin McLaren. It transpired later on […]
Third Of New Home Builds Delayed
Over a third of new homes are not completed on time. Despite buyers being pressured into tight completion deadlines, only 64% of homes were built on time, according to a New Homes Review ‘NHR Annual Report 2019.’ Whilst this may seem like an unreasonable number of building delays, the figure has improved from 59% of […]