Proposed rules for Lifetime ISA published by FCA
The proposed approach to regulating the promotion and distribution of the Lifetime ISA (LISA) has been announced by the Financial Conduct Authority (FCA).
St Ives bans second homes
It is likely that a ban on second homes will be rolled out across Cornwall, as a further five parishes submit plans to this effect.
Housing White Paper to be delivered in “due course”
In the Autumn Statement delivered today, Philip Hammond announced that a housing white paper will soon be published, outlining a long-term plan for the building of new homes. Mr Hammond stated that for many, the goal of home ownership continues to be out of reach. Delivering housing in areas where it is not affordable is […]
How will the Autumn Statement impact the property market?
On Wednesday, the Autumn Statement will be delivered by the Chancellor of the Exchequer, Philip Hammond. The impact of the changes may have significant impact on the property market, and various legal professionals have expressed their views on what they expect from the Statement in various respects. Differing from the fiscal approach of George Osborne, […]
Conveyancing Data Services – November Reflections
CDS Sales Director, Richard Pickles shares his thoughts on the High Court’s decision regarding Article 50 as well as the implications for the post-referendum economy.
Conveyancing Association outlines campaign progress and updates from House of Lords meeting
The Conveyancing Association’s (CA), the leading trade body for the conveyancing industry, has today (21st November 2016) provided a number of updates, including progress on its campaign work, following its recent Management and All Member meetings which took place at both RICS Parliament offices and the House of Lords. Following on from the Association’s campaign […]
New version of SRA handbook released
A new version of the SRA handbook was published on the 1 November 2016, with all changes coming into effect on this date. The 18th version has repealed the SRA Training Regulations 2011 Part 3 – CPD Regulations. This brings the previous requirement for solicitors to undertake a specific number of training hours each year […]
Are you supporting your applications to cancel a restriction with Form ST5?
Last June, Land Registry introduced Form ST5 to act as a statement of truth to support an application in Form RX3 to cancel a Form A restriction. Over 12 months on, do you understand why this is a requirement? A Form A restriction states that: ‘No disposition by a sole proprietor of the registered estate […]
Conveyancing Association offers range of house purchase process solutions in White Paper
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today published its White Paper on ‘Modernising the Home Moving Process’ in which it outlines how a future, more certain and transparent process could operate. The Paper is a comprehensive look at the UK’s current home moving process incorporating the results of […]
New £18 million housing fund “will help get them built much sooner”
A new £18 million fund to quicken the speed of home building on large sites has today been announced by Housing Minister Gavin Barwell From today, a ‘capacity fund’ is available for councils to bid for shares of in order to overcome planning issues that may lead to delays and obstruct builders from accessing the […]
Does updated CON29 show good form?
Following revision from the Law Society, the new CON29 forms were released on 4th July this year. The intention behind the changes was to improve the quality of information provided by the local authorities in order to make it easier for buyers, sellers and lenders alike to understand. Whether these benefits will be reflected in […]
Struggling first time buyers to be priced out of rental homes
Buy-to-let landlords may be forced to raise rents or sell their properties due to the Government’s punitive new tax regime, says a specialist lawyer.
High Court rule triggering of Article 50 requires parliamentary approval
The High Court has ruled that the Government alone does not have the power to begin the process of leaving the European Union (EU).
Act now – new National Cyber Security Strategy
Chancellor Philip Hammond has released plans for a £1.9 billion cyber security Government strategy.
Divorce settlements may be left open to challenge with stamp duty surcharge
The latest stamp duty surcharge may mean thousands of divorce settlements could be left open to challenge.
Office for National Statistics release housing summary measures analysis from 2015
Providing a broad overview of the availability and affordability of privately owned and social housing for local authorities in England and Wales, the Office for National Statistics (ONS) have released their latest report on the analysis of 16 housing summary measures. These measures include data from multiple sources and provide a summary of recent trends […]
NAEA brands Welsh Government’s decision to keep extra stamp duty ‘punitive’
The National Association of Estate Agents (NAEA) have blasted the Welsh Government’s retention of the 3% additional home Stamp Duty as a ‘punitive regime’.
Home builder contests stamp duty changes
The recent changes to stamp duty on additional properties has been contested by Alan Brown, Chief Executive of home builder, Cala Homes.
Data published ahead of SRA insurance consultation
The Solicitors Regulation Authority (SRA) has published analysis of professional indemnity insurance trends for law firms. The analysis will be used to inform the development of proposals for changes to minimum cover requirements. Data was collated after initial plans to alter the minimum terms and conditions were put on hold because the Legal Services Board […]
Local Authority Search delays need to be tackled
As I hope you’re aware, the Association is currently putting the final pieces in place for our ‘White Paper’ on ‘Modernising the Home Moving Process’ and we have looked extensively throughout the current system to see where there can be severe delays, or increased costs, or both, and in doing so have actively looked at […]
