Slough and Manchester have the highest density of foreign property investors according to research by Search Acumen. Land Registry lists nearly 100,000 (99,345) freehold or leasehold titles across England and Wales as being owned by foreign-registered businesses, Read More
The shortlist for the Law Society’s 10th annual Excellence Awards have been announced with 89 nominations for firms and 49 nominations for individuals across 17 categories. The society say the awards are a recognition of the commitment, Read More
An east London council has moved a step closer to being the first in the country to offer its council tenants the opportunity to take up shared ownership of their council property. The Right to Read More
The Conveyancing Association has called for an overhaul in how leasehold transactions are processed. The CA have listed a number of recommendations which they think will end the significant delays and overcharging that takes place. Read More
Here are the latest scam alerts as issued by the Solicitors Regulation Authority (SRA)Read More
Committee Chair responds to Land Registry privatisation consultation
Tory MP and Chair of the Public Administration and Constitutional Affairs Committee has expressed concerns over the potential privatisation of Land Registry. Whilst stating he is not generally opposed to privatisation as a whole, the Read More
The number of new build homes approved in London rose in Q2 rose to 6,310, with 76% of new homes approved across the capital. Quarter on quarter, 46% more homes were approved. Westminster approved the highest proportion with Read More
The proportion of people able to buy their first house on their own is now less than a third of what is was twelve years ago. According to research by Simpson Millar Solicitors, just 9% now Read More
The number of property transactions liable for stamp duty in the second quarter of 2016 was 10% higher than in 2015. For those under £250,000 the number liable rose 8% with those between £250,000 and £500,000 rising 12%. For those over £500,000 was 18% higher Read More
Mortgage and property fraud have increased by 50% in the past year, according to a study by information services company Experian. According to the firm, mortgage and property fraud now make up 6% of all fraud cases, Read More
The Solicitors Regulation Authority (SRA) have submitted proposals for lowering mandatory practising fees to the Legal Services Board (LSB). The current fee for an individual is £320, however for the 2016/17 practising year the fee will be £290 Read More
A third of couples who buy houses together with unequal contributions to the deposit will avoid getting any legal protection for their proportion of the asset as a whole, for fear of damaging the trust Read More
Yorkshire-based Ison Harrison have expanded their specialist New Build Conveyancing team, bringing the total in the department to ten. The firm say they’re expanding the department in response to an increase in instructions from Read More
Firms covered by the Gibraltar-based Enterprise Insurance Company Plc have until 22nd August to rearrange PII cover, after the firm was declared insolvent this week. A liquidator has now been appointed after the Gibraltar Financial Read More
The vote to leave the European Union has hit the number of transactions by 8%, according to comparison site reallymoving.com However in some areas the number of transactions could be hit even harder, with London Read More
The Chair of the Legal Services Consumer Panel says publishing average prices could be “the catalyst needed for consumers to make detailed enquiries about cost.” Writing on the Panel’s website the chair says the Read More
The Institute of Chartered Accountants in England and Wales (ICAEW) have applied to become a regulator of five further restricted legal activities, on top of existing probate work. The ICAEW say they expect the Legal Read More
Here is the latest scam alert issued by the Solicitors Regulation Authority Emails falsely claiming to be from Portner Law Limited An email has been sent to a client of Portner Law Limited claiming to Read More
The Law Society have released a practice note on e-signatures for contracts. The society say solicitors will be able to make greater and more confident use of technology in their day-to-day work following the release Read More
Bogus law firms are sprouting up at an alarming rate with 700 a year springing up. According to the Solicitors Regulation Authority the number of reports they receive has more than doubled since 2012 with almost half Read More