CML
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CGT Changes and Conveyancing Risk: The 2014 Proposals
Proposed changes in capital gains tax (CGT) for UK residential properties will affect both resident and non-resident homeowners, removing relief for second homeowners. Non-UK corporate owners face a two-tier CGT system. Key questions about liability, tax calculation, and administrative burdens for solicitors in the conveyancing process remain unresolved.
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HSBC and Lender Exchange: Electronic Conveyancing Instructions in 2014
This article records HSBC’s arrangements in April 2014. Registration routes, panel arrangements and charges described below should not be treated as current requirements. Until today most lawyers probably knew that Lender Exchange would be the preferred lender panel portal for Santander, RBS and Lloyds. It’s now clear that HSBC have joined the ‘Big Three’, albeit…