Blogs



Wed 02 Sep 2009

Council to check HIPs in Birmingham

Birmingham  City Council have announced that they will be spot checking the quality of HIPs in Birmingham produced by estate agents and will fine those that break the rules.

Birmingham Council intend to identify whether or not estate agents are making HIPs  available at the appropriate time and if the HIPs contain all the necessary paperwork, including an Energy Performance Certificate. Attention will be given to the accuracy of information provided from local searches.

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Fri 28 Aug 2009

Lenders asked by Law Society to rethink conveyancing solicitor panel cuts

Conveyancing solicitors on a mortgage lender’s approved panel normally act for the buyer and lender but the conveyancing  system can facilitate property fraud as the solicitor involved is responsible for ensuring that money reaches the right party and that a charge is registered against the relevant property. Lending mutual Co-operative Financial Services has been urged by the Law Society to reconsider a decision to cut around 3, 600 sole practitioners from its conveyancing panel in the wake of the merger between the organisation and Britannia Building Society.

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Sun 16 Aug 2009

Firm wrongly claims that HIPs delay Conveyancing

A leading conveyancing firm has recently stated that conveyancing cases are taking longer because agents are not passing over details of HIPs.   By way of justifying their logic they  refer to one case where an agent referred a conveyancing case to the firm on June 17, asking it to act for the buyer.

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Wed 12 Aug 2009

Lender's decision heightens necessity for Lease Extensions

Over the last few months I have written various articles about how now is the best financial time to extend your lease.   These comments are based on advising tenants that they should take a lease extension now if they have opportunity. Recent mortgage lender activity  seems to dictate that lease extensions have become a matter of necessity.  

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Mon 10 Aug 2009

Can you rely on the predictions in the Press regarding property prices?

The hot topic in the newspapers and in the media generally over the last few months surrounds  “predictions for the property market in 2009”.

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Mon 10 Aug 2009

Conveyancing Case Tracking - A benefit or an admission?

Question : Is case tracking a cheap conveyancing gimmick to disguise poor communication skills

I recently read an article in the Negotiator where a director of one of the leading conveyancing firms spoke about how innovative some conveyancing law firms are.   In particular, he referred to the benefits of case tracking.   

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Mon 10 Aug 2009

Office of Fair Trading to look at Home Buying and Selling

The Office of Fair Trading (OFT) have recently announced they will be conducting a comprehensive study of the home buying and selling process.   This is to concentrate on:

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Mon 10 Aug 2009

Do Estate Agents want the impossible from their preferred conveyancing lawyers ?

Approximately five years ago I met with an area  director of one of the largest estate  agency corporates in the UK, if not Europe.   I was asked to approach him because of a certain predicament.   He was exceptionally honest and said to me:

“Simon, I have a problem, Head Office want me to find a firm of conveyancers that are going to be able to cope with a high volume, be cheap and provide a great level of service to our client”.

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Is there a sting in the tail of 'No Sale No Fee' Conveyancing?

Sun 09 Aug 2009

Is there a sting in the tail of 'No Sale No Fee' Conveyancing?

The majority of conveyancing solicitors offer No Sale No Fee Conveyancing, but what does this actually mean and is there a sting in the tail? 

What is No Sale no Fee Conveyancing?

'No Sale No Fee' conveyancing is when a conveyancer or solicitor undertakes the legal side of your home move on the contractual basis that if it does not complete, you won’t be charged any conveyancing fees.

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Thu 06 Aug 2009

New Common Auction Conditions published by RICS

The 3rd edition of the Common Auction Conditions (CAC) was, on 30 July 2009, published by RICS. The previous formats of the conditions have been used by conveyancing solicitors, property lawyer s and auctioneers for some years now.

This 3rd version  was generated in response to the valuable feedback from  conveyancing lawyers and auctioneers during a  widespread consultation process conducted over the last half year.

The 3rd edition which will no doubt become familiar to conveyancing solicitors includes:

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