Leading risk and compliance consultancy Legal Eye, has been assisting firms across England and Wales…
You just knew that September 2022 was going to be unique at the start, as a new Prime Minister entered Number 10, however we had little clue of how momentous it would turn out to be with the death of HM Queen Elizabeth II, and what followed from the ‘new’ Government’s ‘Mini Budget’.
In the middle of the month, Nicky Heathcote’s blog (see link below) was entitled ‘A September like no other’ – little did we know how the last week of the month would go, with Government measures spooking the markets, resulting in lenders pulling products and raising rates, which in turn spooked any individual involved in a purchase/remortgage, or indeed, those who just have a mortgage and are worried about what happens next.
Conveyancing firms have been inundated with hundreds/thousands of emails and phone calls from worried individuals and this, at a time, when resources were already stretched. The timing couldn’t be less perfect.
In the midst of all this we had the Land Registry’s new strategy, the CA’s own surveys into the conveyancing process, (another) change in the Secretary of State for DLUHC plus (another) new Housing Minister, and therefore it seems only right and proper that we ended the month with a renewed call for the Government to take charge of introducing the necessary measures and reforms to speed up the home buying and selling process.
Full details of all coverage for what was an incredible September can be found below:
Land Registry targets automation by 2025 to streamline homebuying process – with comments from Beth Rudolf
Backlog Britain: why it’s taking four months to move house – comments from Beth Rudolf
Why a zero tolerance policy to abuse is vital in this challenging market – article from Beth Rudolf
Conveyancing Association seeks industry views on conveyancing process
Data suggests conveyancers mission out on biggest digital opportunities – mentions the CA
Property sales chain tool re-launched with slicker features – with comments from Beth Rudolf
Funeral bank holiday will affect ‘very small number’ of completions – comments from Beth Rudolf
A September like no other – Nicky Heathcote regular blog
With a change in Housing Secretary will come a change in housing priorities – Rudolf
News focus: Conveyancers brace for SDLT uncertainty – comments from David Bridge/Tom Parkinson (CA Exec Board members) and mentions CA
Westminster Forum: rare meeting where freeholders, leaseholders, professionals actually discussed leasehold reform…together – mentions Beth Rudolf and the CA
What we are reliant upon to make our transactions work? Regular article from Beth Rudolf
Conveyancers demand Government steps up to the table on reform – comments from both Beth Rudolf and Nicky Heathcote