HMLR Practice Guide updates: PG19 and PG67
HMLR has published details of the updates made to Practice Guide 19 and Practice Guide 67. PG19: Notices, restrictions and protection of third-party interests This guide gives advice about how to apply for a notice or a restriction to protect a third-party interest in a registered estate or charge. It explains the effect of existing […]
The future of PII for CLC-regulated practices
The Council for Licensed Conveyancers (CLC)’s consultation on potential changes to their Professional Indemnity Insurance (PII) requirements has just two weeks left to run. The CLC have been reviewing the market for PII in an extensive process which began with a call for evidence in June 2021, followed by a series of conversations with insurers and […]
New look for Today’s Conveyancer
You might spot something different about this morning’s newsletter… Today’s Conveyancer has had a makeover! The website and newsletter has been redesigned and launched this morning. Today’s Conveyancer has been a mainstay of the conveyancing market for over 10 years. Launched in 2010 it has provided daily news and industry insight to its growing readership […]
British Conveyancing Awards 2022 Shortlist Announced
The shortlist for The British Conveyancing Awards 2022, sponsored by Dye & Durham, has been released! The 2022 Awards will see journalist Samira Ahmed return as host of a hybrid event with the in-person ceremony at Church House in London simultaneously live streamed via The British Conveyancing Awards website from 4pm on 15th March 2022. […]
Property market “thawing”
January figures from TwentyCi indicate that the property market is “thawing”. The latest data from TwentyCi reveals that supply of new instructions for sale was up 4.3% in January 2022 versus the prior year, whereas demand in the sale market has fallen sharply by 17% compared to 2021. Demand is still up by 3.5% compared […]
Ground rents banned, but existing leaseholders must wait
The leasehold reform bill, designed to restrict ground rents for future leaseholders, has now become law. After passing through the Commons and the House of Lords, the Leasehold Reform (Ground Rent) Bill received Royal Assent, making it an Act of Parliament. The Act will restrict ground rents on most new long residential leases in England and Wales to […]
New housing minister announced in cabinet reshuffle
Stuart Andrew has been appointed as the new Housing Minister following a mini-cabinet reshuffle by PM Boris Johnson. Stuart Andrew will replace Christopher Pincher, who has been in position as Housing Minister since February 2020. Prior to today’s reshuffle, Mr Andrew held the role of deputy chief whip of the House of Commons and treasurer […]
“Revolutionary” conveyancing service launched
Conveyancing industry personality Eddie Goldsmith has launched YouConvey, a conveyancing service he says will “revolutionise the conveyancing industry”. YouConvey will place greater onus on homeowners to take control of admin tasks often assigned to busy conveyancing teams with the intention of reducing the time and stress involved in their transaction. Homeowners will be given access […]