This article is reproduced from Property PSL by Alan Riley The North East Property Buyers Ltd Litigation case – [2010] EWHC 2991 (Ch) – involving an alleged sale and leaseback fraud is an interesting decision: it determines that the Read More
ETSOS, the on-line conveyancing ordering system, is excited to announce the launch of two new enhancements to its site that will enable property practitioners to work even faster, more efficient and cost effective than ever Read More
Conveyancers should note that the Information Commissioner has served two organisations with the first monetary penalties for serious breaches of the Data Protection Act. I believe that at some point a conveyancer will be Read More
The NHBC today reports that the number of new homes registered in October was 10,028 – a slight rise on September’s registration levels (9,033). Numbers have remained consistently between 9,000 and 11,000 since April this year. Imtiaz Farookhi, Read More
The Bank of England have released their monthly statistical report showing that purchase mortgage approvals for October are down slightly, 47,185, compared with September, 47,369. This makes the approval rates for October lower than the previous six-month Read More
The Ministry of Justice has issued a consultation paper called “Proposals for Reform of Legal Aid in England and Wales”. The consultation proposes two potential changes to use money held on client account to Read More
Following a recent consultation exercise the Fees in the Registers of Scotland Amendment Order 2010 has been signed by the Minister for Enterprise, Energy and Tourism and has been submitted to the Scottish Parliament. The Read More
We can all picture the images in Cumbria, Cornwall and Sheffield in recent years when flooding has hit the headlines but, whilst it is not a matter of legal right or obligation, has this altered Read More
The Conveyancing Association (CA) is a not for profit trade association whose objectives are to improve the experience for the home moving public, to encourage greater collaborative working, to take a fresh and innovative approach, Read More
Following the Law Society new conveyancing kite mark and a review by RICS of its quality enforcement The National Association of Estate Agents has created a licensing scheme for agents. A licensed estate agency branch Read More
Grainger plc is possibly the UK’s largest listed specialist residential landlord and owns, acquires and trades regulated and market-let tenanted properties. Established in 1912 they now own over 20,000 properties and also manage 4,000 properties through co-investment Read More
New research from property search website Zoopla.co.uk reveals that buying is more cost-effective than renting in 80% of British cities/towns. The figure is up from 74% in July as asking prices have come down Read More
On 29th July the Government announced that the fee for carrying out a personal search of the Local Land Charges Register (formerly £22) was to be scrapped with effect from 17th August 2010. Subsequent guidance Read More
The company reports that underlying selling prices have remained stable during the period, while total average selling price on completions increased by c. 9% to £180,000. Total completion revenues also increased by c. 9%, driven by relatively Read More
Persimmon Homes today confirmed that sales volumes have remained stable with sales prices and margins holding firm in Autumn 2010, despite below expected levels of visitors and reservations. The company would usually expect these to increase Read More
The buoyancy of the UK rental market continues with over 40% of renters stating they believe rents will be higher in 12 months’ time, according to results from Rightmove’s latest quarterly Consumer Confidence Survey. Miles Shipside, Read More
The Guardian newspaper today reported that a coalition of the UK’s leading housing and legal organisations have written to Chancellor George Osborne warning of "dire consequences" for homebuyers and the building industry Read More
Rural homeowners have seen the value of their property rise by more than £100,000 over the past decade, according to the latest annual Halifax Rural Housing Review. Based on Halifax’s own data, the average Read More
Responding to new Council of Mortgage Lenders figures showing there were 8,900 repossessions in July-September this year, Campbell Robb, Chief executive of Shelter said: “While repossessions are lower than predicted, annual levels are still the highest Read More
The prime central London lettings market has seen average rental prices increase by over 12% year-on-year as demand continues to exceed supply, says Sandfords, one of the capital’s leading independent property consultants. The shortage is Read More