Conveyancing Information Executive gains a significant Associate Member
The Conveyancing Information Executive (CIE) is pleased to announce that PinPoint Information has become an Associate Member of the trade body organisation. PinPoint Information is an established market-leading supplier of due diligence reports to property professionals. Its portfolio includes PinPoint Coal mining searches and PinPoint Chancel, which is a chancel repair liability search report. The […]
Do not penalise solicitors because of financial crime
Plans to hit the legal profession with a levy, when they are already devoting resources to preventing the system from being abused by money launderers, have prompted solicitors’ leaders to warn of an unjustified negative impact on the sector. In particular, the Law Society of England and Wales warned in its response to a government […]
CoPSO urges Conveyancers to order searches as early as possible
The Council of Property Search Organisations (CoPSO) has today urged all conveyancers to work closely with their search provider to avoid any unnecessary delays in processing purchase transactions. With lead times to access data at many local authorities increasing by the day, the importance of ordering searches in a very timely fashion cannot be overstated. […]
AML gaps highlighted in UWO case
At the end of last week, we brought you the news that a Leeds businessman had to surrender close to £10m worth of property as a result of an Unexplained Wealth Order (UWO). This case has highlighted some glaring gaps in the money-laundering due diligence measures that some firms and companies carry out with regards […]
Property market beginning to settle – YPST
The latest figures from the Yomdel Propety Sentiment Tracker (YPST) has revealled that the property market is heading back towards normal levels for the seasonal time of year. The booming UK residential property market recorded another significant drop in new enquiries to estate agents in the past week, indicating that while activity overall remains well […]