Property
Tech firm buys conveyancers to test products in “live environment”
A listed property technology firm has bought a firm of licensed conveyancers to help it test products in a “live environment” before they are launched.
Mortgage cryptocurrency “will lower cost of solicitors’ PII”
A company seeking to become a linchpin in the property market is to trial a crypto-currency to replace the traditional transfer of money between banks and conveyancers.
First sale to use “gamechanger” e-signature completes
The UK’s first-ever property deal using the new qualified electronic signature, which is being trialled by HM Land Registry, was completed this week.
Land Registry moves towards “gamechanger” type of e-signature
HM Land Registry is to pilot the use of qualified electronic signatures that do not need to be witnessed, which it said could be a “gamechanger” for conveyancing.
Solicitors suspended for role in quick-sale property scheme
Two solicitors who breached the trust of vulnerable clients in need of cash by acting in a dodgy quick home sale scheme have been suspended from practice.
Agents call for regulated companies to supply property logbooks
Estate agents have called for the introduction of digital property logbooks, supplied by companies regulated by the government, to help speed up the conveyancing process.
Land Registry to pilot lawyer certificate scheme
HM Land Registry is to pilot a new lawyer certification scheme in the next year to “help provide trust” in the information it receives.
June breaks all records as homebuyers race to beat SDLT deadline
There were more property transactions in June than in any month on record as homebuyers rushed to beat the stamp duty land tax holiday deadline, HM Revenue & Customs revealed today.
Blockchain network aims to provide “missing link” for conveyancing
A house in Kent is the first being sold using a blockchain network that connects conveyancers with estate agents and mortgage lenders.
Conveyancing platform aims to be “central source of truth”
A conveyancing platform which aims to provide a “central source of truth” for buyers, sellers, estate agents and lawyers is being tested by law firms in Kent.
Stay polite and manage expectations, Law Society tells conveyancers
The Law Society has urged under-pressure conveyancers stay civil as they manage the risk that transactions will not complete by the stamp duty deadline at the end of this month.
NAHL to exit conveyancing as it targets PI law firm growth
NAHL plc is set to sell its residential conveyancing business as it looks to focus on growing its personal injury law firm in the wake of a difficult Covid-affected year for the business.
Surrey firm ordered to pay £800k for property negligence
A Surrey law firm has been ordered to pay more than £800,000 in damages for negligence after failing to tell its client that part of a property he thought he had bought had been retained by the seller.
£26m fund to support take-up of local land charges register
The government has unveiled a £26m fund to support local authorities in migrating to the national local land charges register, with the aim of bringing all 336 on board by 2025.
Firm sued over ground rent that doubles every five years
A West Midlands law firm is being sued by a client who claims it failed to tell of a “ridiculous” ground rent that doubles every five years – meaning she will be paying £1m a year in 50 years.
Blog
Mazur: when regulators make simple things complicated
What the last six months have shown is that supervision cannot be treated as a background compliance obligation quietly managed somewhere in a firm’s operational processes.
How unstoppable AI is reshaping UK legal practice
At a time when most technology innovation still flows from the US and China, UK lawtech is attracting growing international attention and capital.
Modern vehicles: new injury profiles and new legal challenges
As the number of electric vehicles on UK roads continues to grow year-on-year, it is important to address the risks that come with their increased adoption.
