Category Residential Property Conveyancing
A new standardised procedure for buying and selling flats will make property transactions much easier, the Law Society said. The revised Leasehold Property Enquiries Form will capture in a single format for the first time, information about a property held by landlords, management companies and managing agents.
According to new figures, reposession cases are at their lowest level since 2007. The news comes at the same time that Bank of England governor Mark Carney said the UK housing market is generally recovering, on the BBC’s Andrew Marr show. Richard Sexton, director at e.surv chartered surveyors, said: “Falling home owner arrears and repossessions
The Law Society has unveiled a plan to revolutionise residential conveyancing by handling transactions online. A conveyancing web portal, expected to go live in 2014, will streamline the process, improve communication between parties, save costs and time and improve risk management, the Society said. Intended to be a pan-industry solution, the portal will allow all