Increase in property searches expected as ‘fracking’ review concludes close watch required
Property search provider SearchFlow has welcomed last week’s publication of the review into hydraulic fracturing (fracking) by the Royal Society and the Royal Academy of Engineering.
Richard Hinton, business development director at SearchFlow, said there are still further issues which require consideration and many unanswered questions as regards the impact on properties within the vicinity.
“House buyers are ever more concerned as to the environmental factors that can affect their enjoyment of a property,” he said. “Any potential blight that can be investigated has a value to house buyers. ‘Fracking’ will surely fall into this category and we would expect there to be a demand for searches that identified areas either licensed or which otherwise are suitable for this purpose.”
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Are we headed for the Legal Services Act 2015?
Yesterday’s announcement that Lord Chancellor Chris Grayling had rejected the Legal Services Board’s (LSB) recommendation that will-writing become a reserved legal activity was not a total shock. I reported in February that the LSB was nervous given Mr Grayling’s anti-regulation agenda and it was encouraging supporters to lobby the Ministry of Justice (MoJ). If nothing else, those (mainly abroad) who fear that the LSB is too close to the government can rest easy – this is the second significant slap in the face for the LSB after the MoJ in 2011 disregarded its conclusion that the case to ban referral fees was not made out.
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