Updates – Page 6
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FeatureOne step ahead
In the first article of our series focusing on fraud, Peter Rodd provides a practitioner’s perspective on fraud in residential conveyancing and practical steps to mitigate the risk.
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FeatureChinks in the armour
With over a third of all professional negligence claims emanating from conveyancing, and insurance costs rising, effective risk management is crucial. Amy Bell provides an overview of some of the common causes of claims, and offers strategies to mitigate them
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News
Implementation of the mortgage credit directive: Law Society response
The Law Society has responded to the Financial Conduct Authority’s (FCA) proposals for the implementation of the European Mortgage Credit Directive (MCD).
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UpdateTax changes for land transactions in Wales: have your say
Stamp duty land tax (SDLT) is changing in Wales. From April 2018, the tax regime and rates for land transactions, including residential and commercial sales and leases, will be run from Wales.
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NewsLand Registry updates guidance on first registration and general vesting declaration
Land Registry has updated its guidance for conveyancers that outlines the steps to take when registering estates in land for the first time. The new edition of practice guide 1 replaces the June 2014 edition.
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NewsCourt of appeal rules trespasser can acquire title by adverse possession
The Court of Appeal has upheld ([2015] EWCA Civ 17) a first instance decision which allowed a squatter to obtain title to land by adverse possession, despite it being a criminal offence to do so.
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News
MPs call for Law Commission review into manorial rights
The Commons Justice Committee has called on the Law Commission to investigate whether the law relating to manorial rights needs to be reformed. MPs have recommended that landowners claiming manorial rights should no longer be able to do so through unilateral notices
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NewsLand Registry halts plans for privatisation
The Department for Business, Innovation and Skills (BIS) has announced that it needs time for “further consideration” before pushing forward with plans for the privatisation of Land Registry.
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NewsOriginal documents no longer needed by Land Registry
From 30 June, Land Registry no longer requires original documents to be sent when you apply to change the register of a registered property by post or electronically.
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NewsCapital allowances update
Capital allowances specialist and Law Society partner, Catax Solutions, provides an update on the new capital allowances regime, five months after the changes came into force
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FeatureTaking care
Paul Philip will be giving the keynote plenary speech at the National Property Law Conference in October. Here, he outlines some of the findings from the SRA’s 2014 Risk Outlook and gives the SRA’s perspective on where firms need to be extra vigilant
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News
Law Society raises concerns over Lender Exchange
The Law Society has raised concerns over the new Santander Conveyancing Panel Portal, now known as Lender Exchange