BREAKING NEWS: Wales Enters National “Firebreak” Lockdown
The Welsh government has this lunchtime confirmed that Wales will enter a national lockdown from Friday 23rd October to Monday 9th November. First Minister Mark Drakeford has made the announcement in response to the spiralling number of Coronavirus cases in Wales. Failure to abide by the temporary measures may result in fines and/or criminal proceedings. […]
Growing Calls For Extension of SDLT Holiday
There are growing calls for the government to reconsider the way in which the current Stamp Duty Land Tax holiday will finish As it stands, the SDLT holiday will finish on 31st March 2020 and those who remember the last Stamp Duty holiday in 2009/10 recall the chaos in the run up to the deadline. […]
Conveyancing community share ‘strange’ enquiries
Professionals in the conveyancing community have taken to social media to share some of the amusing enquiries they have received from a client’s solicitor as part of the conveyancing process. Hannah Dowling, took to LinkedIn to share one of the stranger enquiries that she has received. Her post read: “We note from the Memorandum of […]
Conveyancers advised excessive letters is causing homebuying delays
Conveyancers have been warned by the UK’s biggest mortgage lenders that continually sending needless correspondence will interrupt the home buying and selling process for their clients. They advised conveyancers that it could have been avoided by simply checking the UK Finance Mortgage Lenders’ Handbook first before sending out unnecessary letters to them. In the Law […]
SDLT Holiday; where do we go from here?
One thing that is for certain is that the SDLT holiday has vastly increased the number of residential property matters that we are currently dealing with. On reflection, and looking at our own statistics from the weeks following the initial relaxation of the governments lockdown measures, was such a SDLT holiday required so soon? Maybe […]
Price transparency review reveals solicitors are more affordable
A one-year review of Solicitors Regulation Authority’s (SRA) transparency reforms indicates encouraging trends as research found most consumers now believe that solicitors are not as expensive as they originally thought. The regulator surveyed 3,539 recent users of legal services and found that only 10% of consumers, who now have access to information on price, believe […]
Conveyancing bodies unite to manage homebuyers expectations
Overheated property market causing delays in the homebuying process. The Society of Licensed Conveyancers (SLC), the Bold Legal Group (BLG) and the Conveyancing Association (CA) have come together in a concerted effort to manage the expectations of those currently engaged in the home buying and selling process. A variety of factors are currently contributing to […]