Paper trails
Posted by: Titlesolv
A recent case at the High Court in Glasgow considered property fraud on an extraordinary scale. Perhaps most striking about the case was that it was the longest criminal trial in UK legal history, lasting over 320 days.
Consolidation and Innovation
Posted by: Titlesolv
Lenders will soon be represented by a new body, which is set to replace the six current bodies that regulate the financial sector.
Mind the Gap
Posted by: Titlesolv
The recent High Court case of Baker v Craggs highlights the consequences of failing to register a property within the priority period of a Land Registry search.
Risky business
Posted by: Titlesolv
The recent case of a fraudulent transfer of 1.2 million (GBP) using the identity of a Kensington homeowner provides a salient reminder of the risk of fraud in lending. As the body that registers land and property in England and Wales, the Land Registry plays an important role in property transactions and preventing fraud. Part of this role is to check that the person registering a title is the true owner. Lenders heavily rely on this information when deciding whether to accept a mortgage application.
House prices defy expectation
Posted by: Titlesolv
After the initial shock of the Brexit result in June, there is a growing consensus amongst surveyors and estate agents that the housing market is recovering. The Royal Institute of Chartered Accountants (RICS) reported that 12% more of its members had noted house prices rising rather than falling in August, up from 5% in July.
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