This case before His Honour Judge Hodge QC raised a novel and important issue for lenders and borrowers in the context of commercial property. Given the Judgment is lengthy the reader is referred to the
Management companies are slowing down leasehold property purchases by taking too much time to deliver necessary information to solicitors, according to the Conveyancing Association (CA). In a bid to speed up property transactions, members of
Following the SRA disclosure of the list of uninsured firms the Law Society clarifies the role of the “Find a Solicitor” website. We have highlighted a number of times that many solicitors feel that before
Lexsure previously known a Conveycentric this week produced information showing how careful conveyancers need to be. Not only did nearly all lenders changePart 2 of their instructions to conveyancers in 2013 they are also increasing
Research by myhomemove, the UK’s leading provider of mover conveyancing services, has revealed that the length of time between ‘exchange and completion’ when buying or selling a property, has dramatically decreased in recent years. The
David is Director of Financial Eye. A partner of Legal Eye, Financial Eye has a product designed to help COFAs deal with the increasing burden of regulatory requirements. David has over 30 years’ experience in
Rowlinsons Solicitors recently picked up two awards at the Sunday Times Estate Agency of the Year Awards. The solicitors practice took home the Gold Award for Best Large Conveyancer of the Year and Overall UK
GroundSure has announced new datasets have been added to their GroundSure Energy report to provide even more comprehensive analysis on installations and infrastructure. The report now contains the following additional features: – Location of existing
Remortgage lending in December rose to £4.16bn, up 43.5% from the same time last year and up 1.5% from November. The latest figures from LMS reveal that monthly gross remortgage lending increased by £61m in
For the first time since October 2007 the number of monthly first-time buyers topped 29,000 with 29,100 in December. According to the latest First Time Buyer Opinion Barometer from LSL Property Services the average deposit
Home.co.uk has assessed the rise of the UK’s private rental sector in the wake of falling housing stock. They put the a transformation of tenure in the UK as having been kicked off by the
According to the latest Mortgages for Business “Complex Buy to Let Index” the increased choice of buy to let mortgages in the UK has caused landlords to shift their existing equity towards new purchases. 47%
The SRA has asked insurance broker and risk specialist Marsh to look at the question of whether some solicitor clients are prejudiced because some solicitors insure with unrated insurance companies. The ratings of insurance companies
We reported earlier this week that DC Law have acquired the assets of Barnetts Solicitors from their Administrator. Beth Rudolf a Director of DC Law has asked us to produce this release to help firms
Following the demise of Barnetts earlier this week and the acquistion of its assets from its administrator by a licensed conveyancer DC Law, another large licensed conveyancer has announced its growth plans in Manchester. In
Southport based Barnetts Solicitors has today appointed Administrators to effect a reconstruction of the business. A successful sale of different parts of the practice has been concluded to a number of buyers which has preserved
Despite the SRA publishing a list of firms that have been closed,information from the SRA remains confusing as to which firms are regulated to practice and are open. The Law Society’s “Find a Solicitor” site
As we reported last week the Land Registry has issued a consultation paper to extend its remit to cover LLC1 data initially but ultimately also CON29 data. It states that it wishes to “unlock efficiency
The SRA has contacted firms this week who have not yet submitted their workforce diversity data on line. The data is due on the 31 January and to date only 3,954 firms have complied with
Stephen Jewell, of HM Revenue and Customs, has issued some guidance explaining the importance of quoting the correct reference number and bank details when paying Stamp Duty Land Tax (SDLT). The HMRC has said that
The Financial Times has reported confirmation from Defra that 3,800 homes in council tax Band H and 5,000 new builds will not be covered by Floor Re. Flood Re will see every UK household pay
Property solicitors Goldsmith Williams have issued advice in response to the increased levels of first time buyers. They point out that for many first time buyers buying a house, raising the necessary deposit continues to
Customers taking out a mortgage with TSB for a home costing between £125,001 and £250,000, can now benefit from having their one per cent stamp duty paid by the Bank. This offer applies to a
The latest asking price index from home.co.uk has declared that the housing market is in crisis and we are currently experiencing a calm before the storm. In particular the research pointed to supply of property
A Conveyancing Association spokesperson has offered a legal perspective on the Bank of England’s plans to re-introduce 30-year fixed-rate mortgages in a bid to avoid a possible housing bubble in the UK. Peter Rodd, a
Five local authorities have reached the final stages for the Customer Satisfaction Award for Local Authority Searches in the national Local Land Charges Awards. Solicitors and licensed conveyancers throughout the country have voted for the
Last night Land Registry issued the following press release. More comment will follow from Today’s Conveyancer for our Monday news letter. Land Registry today, Thursday 16 January, launches a consultation which aims to make the
The SRA has issued the following press release this afternoon. Conveyancers take note of who you are exchanging with. SRA publishes names of firms that had no insurance The Solicitors Regulation Authority (SRA) has published
This case raised the issue of the assessment of the diminution in value of a reversion at the end of a lease and looked at the issue of supersession (a term used by surveyors when
Connells Group Home Conveyancing is delighted to announce the appointment of Alison Taylor as Conveyancing Panel Manager, effective immediately. Alison brings over 22 years experience to Connells’ dedicated conveyancing team and will be responsible for
Research from Move with Us shows 84% of home owners instruct conveyancers too late in the moving process. One of the UK’s largest independent estate agent networks has released research data showing that there are
November saw the number of first-time buyers climb 28% year-on-year thanks in part to the lowering of mortgage rates by lenders. According to the latest First Time Buyer Tracker from LSL Property Services there were