Interest rate rise could push millions of homeowners into financial difficulties
More than one in three UK homeowners fear they will find it more difficult to afford payments on their mortgage or other debts if interest rates start to rise, according to findings of the 2014 Homeowner Survey by the HomeOwners Alliance and Myhomemove, UK’s leading conveyancing provider. Some homeowners feel so financially stretched that they […]
SLC calls for transparency from mortgage lenders in respect of their appointed legal representatives
The Society of Licensed Conveyancers (SLC) has written to the Chief Executives of the Council of Mortgage Lenders (CML) and the Building Societies Association (BSA) calling for transparency in the way that mortgage lenders approach the selection of legal firms to represent them in the home buying process. Currently the approach that lenders adopt is acting as a […]
SLC and BLG Roadshows almost fully booked
The Society of Licensed Conveyancers (SLC) has today announced that their upcoming roadshows co-hosted with The Bold Legal Group are almost fully booked. To avoid disappointment both parties are advising you to book now. With the Bold Legal Group as co-host, PSG and Legally Better as sponsors and Groundsure providing refreshments, places are filling up faster than ever […]
John Graham joins the Legal Eye team
Lenders and Corporates are increasingly taking steps to de-risk their supplier relationships by implementing tighter controls and compliance requirements. To strengthen the Legal Eye team in relation to this area of expertise we are delighted to announce the appointment of John Graham who previously worked for a number of years in a senior position within […]
Compliance and Building Conveyancing – FREE CPD Seminar
ETSOS invite you to attend a FREE CPD seminar worth 3 CPD points. Venue: Reigate Manor Hotel, Reigate Hill, Reigate, Surrey, RH2 9PF Date: 4th June 2014 Time: 9am – 1pm Topics & Speakers PII — Prepare for 2014 renewal: Lockton (1 CPD): Brian Boehmer – Overview of 2013 – SRA Consultation — implementation of […]
Day to Day Risks in Commercial Property Transactions: FREE CPD Seminar
ETSOS and Groundsure present 2 free CPD seminars covering day to day risks in commercial property transactions. 9am registration finishes 2pm including free lunch buffet. London Date: 5th June 2014 Venue: The Law Society, 113 Chancery Lane, London WC2A 1PL (Directions here) Time: 09:00 – 14:30 FOR YOUR FREE TICKET FOR LONDON CLICK HERE Birmingham […]
Landmark Legal's Planning and Major Development Podcast
Landmark Information Group£® is pleased to present its sixth podcast in a series that will review and explore key themes and topics of concern to the conveyancing market. Podcast 6 — Planning and Major Development [LISTEN NOW] This podcast focuses on environmental impact assessments and what legal requirements are required to achieve planning for major […]
The SLC writes to ‘The Times’
The Society of Licensed Conveyancers (SLC) has recently written to The Times expressing their concerns regarding the plans by Her Majesty’s Land Registry to centralise the Local Land Charges register. Concerns have risen due to the fact that this data covers a very wide range of important information that lawyers use to advise their clients […]
A £200,000 negligence claim could have been avoided with the aid of TitleChecker!
In a string of unfortunate events, it was concluded that in E.Survs Ltd v Goldsmith Williams Solicitors Case [2014] EWHC 1104 (Ch), the firm of solicitors and surveyors involved in the case, were negligent with regards to an over-valuation of a property, resulting in a final claim of £200,000. Case Summary In December 2005, the […]
TSB offers to pay customer stamp duty
TSB has offered to help homebuyers with the cost of stamp duty. The bank is only offering to pay the stamp duty of buyers who are in the 1 per cent bracket, which is up to £2,500, but customers outside this bracket will benefit from £1,000 cash back. The offer goes hand-in-hand with a selection […]
Bank account fraud on the rise
The Uk’s fraud prevention service, CIFAS, has warned that bank account fraud is on the rise. It was the most common type of fraud recorded during the first four months of 2014 by organisations that share data through CIFAS. Not only has bank account fraud increased 48 per cent from the same period of 2013, […]
Scotland Law Soc reviewing consumer protections
The Law Society of Scotland will set up a new and independent review of the consumer protections in place for clients buying and selling property in Scotland. The review follows high profile cases in Aberdeenshire and West Lothian where clients were left without proper title to land bought through residential property transactions. Labour MSP Jenny […]
First-time buyers soars 24 per cent on last year
New data released on UK lending in March 2014 shows that first time buyers are up 24 per cent from the same period last year. First-time buyers took out 24,400 loans this March and there were 34 per cent more first-time buyer loans in the first quarter of 2014 compared to the same time in […]
Redbrick Solutions announce new service to streamline conveyancing services
Redbrick Solutions have announced a new service designed to further streamline the conveyancing process and deliver a more cost effective transaction for the lawyer, with the launch of Redbrick Searches. This latest offering from the conveyancing case management experts enables fee earners and support staff to order searches from within the case management system, with […]
Changes to Land Registry document requirements
From the end of June the Land registry will no longer require original documents to be sent to them in order to change the register of a registered property. The body will instead accept certified copies of deeds or documents sent with application forms from June 30. Applicants can still send originals of documents in […]
Insurance company ERIC declared in default
The Financial Services Compensation Scheme (FSCS) has declared the insurance provider European Risk Insurance Company (ERIC) to be in default and is now accepting eligible claims against them. ERIC was declared in default on 28 April and the FSCS has confirmed that claims may be made by firms and clients within the FSCS eligibility rules. […]
Client Case Study – Gisby Harrison LLP
Gisby Harrison LLP is a progressive, results orientated law firm advising businesses and individuals across a broad range of worktypes. Ochresoft has been working with the conveyancing team for a number of years and the transformation the department has undergone is testament both to the power of the underlying workflow platform and also the importance […]
Lender Claims – A Practical Guide for Conveyancers
Anis Waiz, Solicitor and Head of Commercial Litigation at Curtis Law Solicitors, a regular contributor to Today’s Conveyancer, will be speaking at several forthcoming events hosted by MBL. These events will offer practical guidance to conveyancers and solicitors on lender claims. There has been an increase in claims by Lenders who allege breach of trust […]
Japanese Knotweed – Understand the risks with the new GroundSure Screening report from PSG
The effects of the plant known as Japanese Knotweed on property are well known amongst conveyancers and surveyors. It can impact on the saleability of a property and its presence can influence a lenders decision even if the plant is seemingly well away from the boundary. It is difficult to eradicate and its complicated root […]
Contamination Concerns and Addressing Development Risk
An observant walker can readily pick out sites of historical significance anywhere in the UK; just keep an eye out for the distinct blue plaques and the previously hidden history comes to life. However, determining the risk of the UK’s industrial legacy is a much harder task, more so when the historic site itself has […]