Updates – Page 9
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News
Land 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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News
Original 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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News
Capital 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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Feature
Taking 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
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News
Land registry update
The Law Society has responded to the government’s consultation on the introduction of a Land Registry service delivery company, warning that the proposals could undermine the integrity of the register.
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News
New mortgage rules came into force on 26 April
Homebuyers will face tougher checks before being granted a mortgage, under the changes that came into force on 26 April, folloeing the FCA’s mortgage market review
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Feature
Safe as houses
Conveyancing has traditionally been considered a high-risk area for complaints and insurance claims from both clients and lenders. Steve Ray explains how conveyancing firms can allay these concerns for the insurers and get the best out of this year’s renewal process
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News
New capital allowances practice note
From 1 April 2014 for corporation tax payers and 6 April for income tax payers, capital allowances, which allow for tax relief for fixtures in property, must be identified and documented at the point at which commercial properties are bought or sold, or they will be lost forever. ...
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Analysis
Court of Appeal holds law firm accountable for lender's loss
Peter Reekie outlines the findings in the recent case around potential breach of negligence where a law firm is caught out by a fraudster
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Opinion
Risky business
With the sobering news in January that 136 firms have folded, having failed to obtain professional indemnity insurance, Peter Rodd explains how firms could better manage risk to avoid becoming another statistic.