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.
Remortgages rise post-Brexit
Posted by: Titlesolv
Figures published by the Bank of England in the summer confirmed the predicted slowdown in the property market and subsequent fall in mortgage applications following the Brexit vote. This was in addition to the stamp duty increase on buy-to-let properties in the last Budget. In contrast however, the popularity of remortgages grew; increasing by 6% from June to July this year.
The Insurance Act 2015
Posted by: Titlesolv
The Insurance Act 2015 came into force on the 12th of August. This Act together with the consumer insurance reforms that came into effect in 2013 have provided the greatest change to insurance contract law for over 100 years. The Insurance Act 2015 amends some key sections of the Marine Insurance Act 1906, which were regarded as not reflecting good insurance practice and is considered to be broadly neutral between insurer and insured.
Reconsidering PII
Posted by: Titlesolv
Recently many firms would have geared up for the traditional PII renewal date at the beginning of October. But in order to keep their PII premiums down conveyancers need to address their risk profile.
Property fraud claims increasing
Posted by: Titlesolv
Despite efforts to combat fraud in property transactions, nearly 10 million pounds worth of compensation claims were received by the Land Registry last year.
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