- Demystifying Mortgage Rules: Why “Onerous” and the “Renters’ Rights Act” Both MatterWhen it comes to leasehold conveyancing in the UK, your conveyancing solicitor will inevitably encounter Part 2 (P2) of the UK Finance Mortgage Lenders’ Handbook. Tucked away in these instructions is a single, heavily loaded sentence: “Ground Rent must not be onerous and must adhere to the Renters’ Rights Act.” At first glance, this feels… Read more: Demystifying Mortgage Rules: Why “Onerous” and the “Renters’ Rights Act” Both Matter
- Conveyancing Regulator Slammed Over Referral Fee “Blind Spot”The Council for Licensed Conveyancers is under fire again, this time from the panel that’s supposed to represent consumers within legal services regulation. A year after BBC Panorama caught Connells managers pushing buyers toward preferred conveyancers regardless of quality, the Legal Services Consumer Panel has published a position paper reopening the whole affair. Its argument… Read more: Conveyancing Regulator Slammed Over Referral Fee “Blind Spot”
- Leeds Building Society Approved Solicitor & Conveyancing PanelThe Leeds Building Society mandates that solicitors must be on its approved conveyancing panel to avoid delays and extra costs when buying or remortgaging. This guide outlines how to check a solicitor’s status, the implications of unapproved firms, and steps to ensure compliance with lender requirements throughout the transaction.
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