According to a Twitter poll conducted by Tripwire, the fines given to companies who have broken GDPR laws are still not high enough, despite being in the millions. The mutually agreed General Data Protection Regulation
New research from TSB has found that 41% of home owners would prefer to build an extension than move, after new changes in planning laws. In May, the Government relaxed rules on planning in a
A study by independent equity release advisor Key has found that 20% of older home owners are using equity release to repay mortgages, with another 30% using it to repay unsecured debt. Equity release is
The Government has extended a campaign designed to increase the amount of suspicious activity reports (SARs), in a bit to limit the impact of money laundering. The Flag It Up campaign, which has already targeted
People aged 18 to 34 are putting plans for romance, children and leisure on the back burner in a bid to get on the property ladder. That’s according to mortgage broker Trussle. A recent study
The Homeowners Alliance (HOA) has looked at the potential pitfalls of buying and selling by auction. Commenting on the trend, HOA Chief Executive Paula Higgins said: “It is good to have new ways to help
Property professionals are being urged to report suspicious activity if they believe that money laundering could be taking place when buying properties. A Government campaign designed to crack down on criminals aims to help people
The ESTAS Customer Service Awards sponsored by SearchFlow are the biggest awards in the UK conveyancing sector. The winners were announced by Phil Spencer, the TV property expert at a glamorous dinner & ceremony at
Representatives from the UK’s most respected conveyancing firms, innovative suppliers to the sector, technology experts and industry commentators gathered yesterday to discuss the hot topics concerning the sector. Hosted by Chris Harris, Managing Director of
In five weeks time on Friday 19th October the biggest and best bash in our industry takes place when The ESTAS Conveyancer Awards are held in London. So here’s all you need to know about
There has been a “significant” increase in the number of homes being valued below the sale price according to some of the UK’s largest mortgage advisers. In England, buyers who need a mortgage must instruct
The Law Commission has published proposals to change the law and make it easier for leasehold homeowners in England to buy the freeholds of their properties. The Commission is currently looking at a programme of
When it comes to money laundering and terrorist financing, there are some ‘Red Flag Indicators’ that conveyancers should be aware of. This advice could be particularly important following the announcement that conveyancers could be liable
The CLC is making changes to relevant sections of the CLC Handbook to ensure all its regulated practices will be compliant with the Insurance Distribution Directive (IDD) when it comes fully into force from 1
According to conveyancing service provider, LMS, the proportion of borrowers remortgaging following a divorce or separation increased to 5% in May. This ‘breakup borrowing’ is up 3% from the previous month and up 2% on
