The Land Registry has confirmed that where an estate rentcharge is granted or reserved on or after 6 April 2013 by a UK registered company (this includes companies registered in Scotland or Northern Ireland) or
The Land Registry has announced that from 1 August 2013, the commercial fee from their Register Extract Service (RES) will be removed. RES is available exclusively to Land Registry customers using Business Gateway — the
A research report has shown that lawyers often struggle to provide consumers with learning disabilities with the specialist support they need. The research was undertaken by the Norah Fry Research Centre, based at the University
More and more young people are being priced out of home ownership, leading to parents paying out an estimated £2 billion a year to help their children get on the property ladder. According to research
DC Law, part of property services group Move with Us, has announced it is implementing Eclipse’s Proclaim Practice Management Software solution. DC Law was one of the first organisations to be licensed as an ABS
A total of £508million in housing wealth was released in the first six months of the year thanks to growing confidence in equity release. According to research from specialist adviser Key Retirement Solutions customers taking
Midlands firm Challinors owes more than £11.2m to unsecured creditors as it prepares to go into administration. The firm carried out 32 registrations in June at Land Registry, making them in the top 15% of
Gross mortgage lending by building societies and other mutuals reached £3.5 billion in June. According to the latest figures from the Building Societies Association (BSA) lending over the first half of the year was up
Historic Price Paid Data (PPD) and House Price Index (HPI) background tables are now available as machine readable Linked Data. These improvements from the Land Registry mean that the data can now be easily linked
The Land Registry has announced changes to the Stamp Duty Land Tax arrangements for sub-sales. The Finance Act 2013 has led to changes to the regime for claiming relief for sub-sale transactions entered into on
Help to Buy will now be extended helping people to buy any property under the value of £600,000, rather than just new builds. The announcement was made last week when Chancellor George Osborne met with
House prices increased 0.6% from May to June taking average prices in England and Wales to £162,621. According to the latest market trend data from the Land Registry there was an annual increase of 0.8%
According to the latest National House Building Council (NHBC) registration statistics the UK house-building industry has seen its highest half-yearly total of new homes registered since 2008. 67,422 new homes were registered between January 2013
The latest Lloyds TSB Consumer Sentiment Index has shown consumer confidence has reached a new high of 112 points in June. Growing confidence in the current economic situation and housing market are thought to be
The Society of Licensed Conveyancers (SLC) has announced a series of regional road shows that will take place during September. The events, run in partnership with compliance experts Legal Eye, will cover topics including; The
Eddie Goldsmith, Chairman of the Conveyancing Association responds to the Chancellor’s announcement that the help to buy scheme will be extended to all properties from January. Eddie Goldsmith, Chairman of the Conveyancing Association, warns: “It
While overall remortgage lending fell in June to £3.5bn, the average remortgage loan has hit its highest ever level at £149,514. According to the latest figures from LMS remortgaging now accounts for 23% of the
The Sunday Times this weekend has reported that in June first time buyers Mohamed and Aishah Noorgat have lost £175,000 to criminals posing as a legitimate law firm. The couple’s conveyancers, Action Conveyancing also known
Law Firm Services have had an incredible response by conveyancers to the Conveyancing Awards and have sold out of tickets for the 300 capacity event Richard Mathias of LFS says “ we have been inundated
Last week the government unveiled controversial new plans for a proposed tax regime for shale gas allowances. A government consultation is now open on the proposed tax regime which the government hopes will encourage nearly £14
Average rent goes against usual seasonal increases by holding steady at £737 per month. According to the latest Buy-to-Let Index from LSL Property Services plc the surge in first-time buyers has eased the stress in
The Land Registry’s Respect campaign has won the ‘Inclusive Culture’ Award at the 2013 Employers Network for Equality and Inclusion (ENEI) Awards. Respect is the Land Registry’s commitment to provide an inclusive environment in relation
The latest figures from the Council of Mortgage Lenders show that gross mortgage lending increased 2% from £14.7 billion in May to £15 billion in June. This was up 26% from £11.9 billion in June
The Council of Mortgage Lenders (CML) has urged Scottish solicitors to reject their proposal to introduce mandatory separate representation. The Law Society of Scotland (LSS) will be voting in September on a potential law change
There’s no denying that over recent years we have seen a significant increase in the number of conveyancing firms ordering Regulated Personal Searches opposed to the more traditional, Council searches. This summer we conducted a
HM Revenue and Customs (HMRC) have released new guidance on the stamp duty land tax rules for pre-completion transactions. Their guidance explains how the new rules work and provides examples of how they apply to
Convey Law, a firm specialising in residential conveyancing, joined the ranks of those who have achieved the Alternative Business Structure (ABS) certification from the Council for Licensed Conveyancers (CLC). Convey Law were subject to
The Council for Licensed Conveyancers (CLC) has revealed that they have submitted proposals for increasing transparency around referral fees to the Legal Services Board (LSB). After conducting research they concluded that there is no regulatory
Bristol based licensed conveyancers, Michael Prout & Co, were yesterday closed by the Council for Licensed Conveyancers. The CLC have assured existing clients that they are “working to ensure outstanding conveyancing transactions can proceed with
A group of Conservative MPs representing marginal seats has called for the cost of stamp duty to transfer from seller. The Prime Minister David Cameron has welcomed the suggestion which is part of a wider
A survey has shown consumers are worried about dealings with the other side in a slightly different way to that conveyancers might expect, with 19% of questions viewers asked estate agents being about ghosts. Research,
GroundSure has been featured in current BBC3 series "Cherry Heaney’s Property Virgins", which follows the fortunes of a number of first time buyers. In the most recent episode, Ailsa was looking to buy her first