News brought to you by the Today’s Conveyancer editorial team.
Judging awards ceremonies can often be a thankless task. But without the support of the people who spend hours toiling away reviewing the submissions, the awards simply would not happen. On behalf of Today’s Conveyancer
The Government has announced that plans to end gazumping are firmly on the table through the possible introduction of voluntary reservation agreements, which should go ahead in 2022. Despite previous efforts, backed by ministers, to
Dye & Durham has announced an agreement to acquire Australian market-leading financial services software provider, Link Group, for an estimated C$3.2bn. As part of the transaction, Dye & Durham will also indirectly acquire Link Group’s
Members of the conveyancing community have taken to LinkedIn to express dismay at a recent article published in Property Industry Eye. Following a recent opinion piece in which Russell Quirk, co-founder of property PR specialist
The Government has announced that from 6 April 2022, digital identity document validation technology (IDVT) will be introduced to support employers and landlords with right to work, right to rent and pre-employment DBS checks. The
Happy New Year from the team at Today’s Conveyancer! We hope you all enjoyed the festivities and a well-earned break over the Christmas period. We’d like to take this opportunity, as the New Year edges
Judging awards ceremonies can often be a thankless task. But without the support of the people who spend hours toiling away reviewing the submissions, the awards simply would not happen. On behalf of Today’s Conveyancer
Judging awards ceremonies can often be a thankless task. But without the support of the people who spend hours toiling away reviewing the submissions, the awards simply would not happen. On behalf of Today’s Conveyancer
Following the LSB’s annual review of frontline regulators last month, the SRA has reportedly met all 27 of the required outcomes in its regulatory approach, authorisation, supervision, enforcement and leadership. The results show that the
Judging awards ceremonies can often be a thankless task. But without the support of the people who spend hours toiling away reviewing the submissions, the awards simply would not happen. On behalf of Today’s Conveyancer
A technical consultation on offering all new homes access to high-speed wi-fi has been announced by the Government. The changes to the law will mean home developers will be legally required to build gigabit broadband
In the latest development of the Simplify Group IT outage which left thousands of transactions unable to complete and even more home movers stranded, law firm Keller Lenkner UK has confirmed that an initial 50
HMRC has reported £11.44 billion in receipts from SDLT so far this year, the highest amount collected in the first 11 months of a year since 2017. It is thought that the fervent second-home buying
Housebuilder Taylor Wimpey has announced it will no longer subject leaseholders to ground rents that double every 10 years following an investigation by the Competition and Markets Authority (CMA). Following action launched by the CMA
All new buildings must reduce their greenhouse gases by nearly a third under new building regulations which will come into force in June. Under the rules, carbon emissions from new build homes must be 30%
The Royal Institution of Chartered Surveyors (RICS) says it will not remove EWS1 requirements for low-rise buildings. Previous guidance issued by the Government earlier this year stated that having consulted with lenders, low-rise buildings less
Since the Bank of England raised the interest rate last week to 0.25% from an all-time low of 0.1%, industry commentary around 2022 mortgage trends continues to gather pace. Despite the emergence of the Omicron
HMRC’s November transaction figures indicate a return to stability for property sales, but stock levels remain low. Figures show that the provisional non-seasonally adjusted estimate for November 2021 sales transactions is 104,980, 13.4% lower than
HM Land Registry has published details of changes to Practice Guides 9, 10, 50, 62, 64 and 67. Powers of attorney and registered land (PG9) This guide gives advice on the evidence HMLR needs when
The CLC has provided an update regarding ongoing matters resulting from the Simplify Group cyber attack. The CLC today provided an update stating that it has been in constant touch with managers at Simplify since
The Financial Conduct Authority (FCA) has fined HSBC Bank (HSBC) £63.9m for failings in its anti-money laundering (AML) processes. HSBC used automated processes to monitor hundreds of millions of transactions a month to identify possible
The Bank of England has increased interest rates to 0.25% from 0.1%. The decision, which caught many experts by surprise, came just after the official rate of inflation reached 5.1%, the highest rate recorded in
Despite early fears that the coronavirus pandemic would lead to a downturn in activity, the Australian housing market – much like the UK’s – experienced something of a boom. A combination of Government incentives and
The British Conveyancing Awards returns in 2022 to celebrate the cream of the conveyancing crop. With a new headline sponsor in Dye and Durham, the 2022 edition is a departure from the 2021 awards which
Online estate agency Purplebricks is reported to have set aside millions to cover a blunder which may have affected its lettings business tenants. The company has recently warned that its lettings management business may face
The Fraud Advisory Panel, HM Land Registry (HMLR) and the Law Society of England and Wales have issued a guide to help homeowners avoid property title fraud. The guide, aimed at homeowners and conveyancing clients,
The Ministry of Justice (MOJ) has announced a three month consultation as it plans to revise The Human Rights Act. The MOJ says that the proposed new legislation aims to strike a proper balance between
The Law Society has issued a statement saying that the Legal Ombudsman service (LeO) must take “radical action” if it wishes to retain the confidence of both public and profession. The Law Society said that
Nearly half (45%) of mortgaged homeowners under the age of 40 got onto the property ladder “much later” than they expected, compared with 29% of over-40s, according to new research by the Equity Release Council
The latest report from the Government’s House Price Index (February 2020 – July 2021) shows that new-build homes account for 6.5% of pandemic property purchases. Additional research by the new-build sales optimisation platform, Unlatch, also
A new report from the Ministry of Justice (MOJ) demonstrates how government funding has maintained and expanded vital access to free specialist legal advice. Through the Covid-19 Specialist Advice Services Scheme (CSASS), £5.4 million was
HM Land Registry has published details of changes to Practice Guides 4 and 5. Adverse possession of registered land (PG4) This guide provides information about applications for adverse possession of registered land, the procedures for