January was a month in which one issue tended to dominate – the stamp duty holiday deadline and the growing industry calls for a tapering and possible extension. Many CA firms are dealing with workloads far in advance of normal, and there has been a variety of industry statistics focusing on the number of potential transactions that might not complete before the end of March.
The CA has been working with a number of trade associations to present a united message on the potential for serious damage to the market and the wider economy if the Government do not review their current deadline, and much of the coverage throughout January (see below) is focused on this.
There was other positive news around Government measures on leasehold – a long-term campaign for the Association – as well as backing for UPRNs. In January we also welcomed a new affiliate member, Terrafirma, to the Association and there will be further news on new affiliates during February.
Full details of all coverage in January can be found below:
Blocked pipes? – article mentions Conveyancing Association
The changing world of compliance – article mentions Conveyancing Association
Government scraps ground rents for millions of leaseholders – comments from Beth Rudolf
Major progress on leasehold reform – now for the detail – website blog from Paul Smee
Industry bodies and agencies unite to back UPRNs in open letter – includes mentions of Conveyancing Association support and comments from Beth Rudolf
Homebuyers warned over stamp duty scams: Thousands rush to complete sales before March deadline and criminals look to take advantage – tips and comment from the Conveyancing Association
Property market will melt down without stamp duty extension, Sunak warned – comments from Beth Rudolf
Joint communication asking for a stamp duty extension from CA/SLC/Bold
Ending stamp duty could force tsunami of deals to collapse, housing experts warn – comments from Beth Rudolf
What should happen to the property market? – mentions the Conveyancing Association
Treasury cool on renewed call to extend SDLT holiday – includes comments from Lloyd Davies
Is the property industry at a crossroads? Mentions the CA
Lenders relax rules over local authority indemnity insurance as stamp duty deadline looms – comments from Beth Rudolf