Help to Buy deadline date has been extended

Help to Buy deadline date has been extended

The Help to Buy equity loan scheme has been extended to 31 May. The deadline was changed due to the impact of the pandemic on the housebuilding industry. Covid-19 has disrupted the time it takes

Land Registry advises conveyancers on how to solve requisition problems

Every day HM Land Registry receives around 18,000 applications to update the register. The majority of these applications are submitted correctly with all the necessary information included for our land registration experts to complete the

Is there a need for Reservation Agreements?

With the stamp duty holiday deadline looming in just over 6 weeks time, the pressure is mounting on the residential property market, causing logjams and delays in conveyancing transactions, so, should reservation agreements be introduced?

Government maps out future use of digital identities

The Government has today published new plans which will govern the use of digital identities and revolutionise conveyancing transactions when proving identity. The Government’s new draft rules is to help build trust in the use

HMLR Update for Conveyancers : Identity Verification

HM Land Registry (HMLR) have made updates in relation to the certificate to be given by a conveyancer where a person’s identity has been verified by way of an online video call (ID5). HMLR have

HM Land Registry Guidance Updates for Conveyancers

HM Land Registry have updated their Practice Guide 58 guidance : Format of registers for titles in Wales. The guidance is aimed at conveyancers and other legal advisers about the register in its bilingual format

Cladding crisis victims should not be left out of pocket

The Law Society of England and Wales is calling on the UK government to protect leaseholders from the costs of making their homes safe from potentially deadly cladding. Homeowners have almost no recourse available to

OneSearch

Professional body becomes latest legal representative organisation to collaborate with technology association. The UK Legal Tech Association (UKLTA) has welcomed the Society of Licensed Conveyancers (SLC) as a new Associate Member. The SLC is the

New Head of Conveyancing announced at UK law firm

UK law firm Shoosmiths has appointed a new Head of Conveyancing. Partner, Suman Dally will be taking charge from 1 May 2021, taking over the reins of the £9.2m turnover practice from conveyancing partner David

Women in Residential Property meeting reports optimistic outlook for 2021

As the first Women in Residential Property meeting of 2021 took place, the mood was undoubtedly optimistic as the expert panel – representing many of the key industries involved in residential property transactions – discussed

Funding is needed for mental health reform, says Law Society

The Law Society has warned that proposed changes to the mental health system must be properly funded to be effective. Following publication of the Mental Health Act White Paper in January 2021, the regulator has

Conveyancing clients charged for firm’s indemnity insurance are fined

Three solicitors who charged conveyancing clients for the firm’s indemnity insurance have been fined. Partners of Crown Gate Law based in Birmingham have been reprimanded by the Solicitors Disciplinary Tribunal (SDT) for getting their clients

HM Land Registry Guidance Updates for Conveyancers

HM Land Registry have updated their guidance on lease determination and how to apply for a notice or a restriction to protect a third-party interest in a registered estate or charge. The Land Registry have

Housing developer incentivises buyers with SDLT extension

A housing developer is offering buyers a chance to save by extending the Government’s Stamp Duty Land Tax (SDLT) holiday. With SDLT holiday due to end on 31st March 2021, Galliard Homes has decided to

Conveyancing vacancies buoyant despite pandemic reducing legal jobs

Conveyancing job vacancies have remained buoyant even though a recruitment website has reported showing the pandemic has reduced legal job vacancies by 60%. Simply Law Jobs have reported that the average number of legal jobs

A criminal group, known as Mespinoza, claims to have published documents stolen from Hackney Council on the dark web.

A criminal group, known as Mespinoza, claims to have published documents stolen from Hackney Council on the dark web. The council was hit by cyber attack last October which brought the local housing market to

Property prices predicited to fall in the first quarter

UK’s provider of instant quotes for home moving services, reallymoving, has predicted property prices will fall by 6.2% in the first quarter of 2021. The downturn is anticipated to gain momentum every month from -1.2%

Home building data show sector is recovering

Government support for housing market and construction industry has led to a very healthy increase in the number of completed homes. Stats released by the Ministry of Housing, Communities and Local Government and Robert Jenrick

RICS keen to consult conveyancers over cladding guidance proposals

The Royal Institution of Chartered Surveyors (RICS) are keen to engage with conveyancers over proposed guidance proposals in relation to cladding on properties. RICS has issued proposed guidance (Valuation of properties in multi-storey, multi-occupancy residential

Lender accepts ‘No-search indemnity insurance’ to speed up transactions

An intermediary-only mortgage lender has confirmed they will now accept ‘no-search indemnity insurance’ for residential purchases in a bid to speed up the current transaction process logjam. Foundation Home Loans says conveyancing solicitors can place

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