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 (Read More
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 bid Read More
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 a way Read More
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 Read More
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 of Read More
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 Read More
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 Read More
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 Read More
Conveyancing experts debate key issues at Today’s Conveyancer round table
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 Read More
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 Read More
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 Read More
Law Commission publishes enfranchisement plans for leasehold homeowners
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 Read More
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 Read More
CLC handbook update: Acting as ancillary insurance
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 October Read More
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 the same period Read More
Legal firms are a prime target for cyber attackers due to the sensitive client information and funds they manage. In particular, conveyancing solicitors should be vigilant as property transactions are well known targets for cybercrime. Read More
Proposals from the Law Commission to reform the Land Registration Act would impose a new statutory duty on conveyancers to check the identity of clients. And, where conveyancers fail to take reasonable care, they could Read More
The Law Commission has put forward radical new proposals aimed at delivering a fairer deal for leasehold homeowners. Designed to give leaseholders security and control over their homes the proposals include: Options for changing the Read More
Today the SRA have released their Risk Outlook 2018/19. They have included two new priority risks this year: 1. Managing claims ‘We are increasingly concerned about the practises of some firms that offer personal injury work, including Read More
A leading global provider of digital evidence management has filed a patent application to tie blockchain security to its software. Caselines – which is currently digitising trial bundles in the courts – has called on justice ministries Read More