From 30 November 2022, HM Land Registry will stop accepting scanned or PDF copies of the Application to Change the Register (AP1) forms, required when ownership of a property changes hands.
National Trading Standards Estate and Letting Agency Team (NTSELAT) and the Competition and Markets Authority (CMA), have stated that the use of ‘POA’ or ‘price on application’ in property listings contravenes consumer protection legislation.
HOUSING REPORT: Although agents’ stock is still historically low, more new properties are coming to the market bringing with them new buyers and a lift in sales being agreed.
Agents have a range of options available to them for selling a property. Choosing the right one can have a huge impact on the price achieved, the satisfaction of buyers and sellers with the process, and the reputation of the agent.
Bringing together existing guidance into a single document, the new guide for electronic signatures of deeds and documents, renames Witnessed Electronic Signatures as Conveyancer-Certified Electronic Signatures and makes minor changes to steps in the signing process.
The Scottish Government is introducing a new Register of Persons Holding a Controlled Interest (RCI) in land on 1 April 2022 which is part of their commitment to improve transparency and will be free to access.
The National Economic Crime Centre (NECC) and partners have launched a new phase of their campaign to help homebuyers avoid Payment Diversion Fraud (PDF).
Propertymark has been instrumental in the development of the digital identity trust scheme, MyIdentity, which has moved into the Financial Conduct Authority (FCA) sandbox environment, which allows for controlled live testing.
The new Economic Crime (Transparency and Enforcement) Act received Royal Assent today, 15 March, following an expedited passage through Parliament.
Propertymark's response to the call for evidence proposes changes to current additional dwelling supplement (ADS) relief for purchases of six or more dwellings.
The National Trading Standards Estate and Letting Agency Team (NTSELAT) is working with industry stakeholders to design standards on the key information that must be included in all property listings.
Simon Wilkinson, Propertymark Board Member highlighted the benefits of using Propertymark’s Sales Protocol Toolkit to the legal profession and how agents work to speed up transactions and reduce fall-through of sales.
Under newly announced rules by the National Trading Standards Estate and Letting Agency Team (NTSELAT), a property's council tax band or rate, price and tenure (for sales) must now be included on all property listings by the end of May 2022.
Simon Wilkinson, Propertymark Board Member will be presenting at the Onboarding Summit on 23 February to educate the legal profession on how agents work to speed up transactions and reduce fall-through of sales.
From 31 January 2022, Scale 1 and Scale 2 land registration fees will increase and agents must make themselves aware to avoid unnecessary delays.
Did you know that statistically, the second agent you approach is more likely to sell your home? In this episode of Move iQ's podcast, Phil Spencer talks to NAEA Propertymark President Liana-Loporto Browne about common mistakes made by sellers.