Crucial property information to be available up front

The Law Society is set to pilot plans to make key information for homebuyers and sellers available at a much earlier stage in the conveyancing process. The TA6 is a form which contains crucial information relating to the sale of a property covering areas including compliance with building and planning applications, the supply of services, flooding, and … Continue reading Crucial property information to be available up front

Swift stamp duty action needed to prevent dream home moves collapsing

Urgent action is needed to prevent tens of thousands of property market transactions collapsing at the cliff-edge end of the stamp duty holiday. The Law Society of England and Wales is urging people to write to their MP calling for swift action to protect consumers ahead of the budget on 3 March and the stamp … Continue reading Swift stamp duty action needed to prevent dream home moves collapsing

Strong EU trade enforcement rules enter into force

Robust new trade enforcement rules have entered into force that will further strengthen the EU's toolbox in defending its interests. With the update of the EU's Trade Enforcement Regulation, the EU is able to act in a broader range of circumstances. The new rules upgrade the EU's enforcement by introducing the following changes: empowering the … Continue reading Strong EU trade enforcement rules enter into force

Realism needed about prospects of moving before stamp duty holiday ends

Despite another national lockdown, the residential property market continues to operate with buyers and sellers keen to move before the end of the stamp duty land tax holiday on 31 March. But solicitors’ leaders have warned that for fresh instructions given now, the possibility of completing before the 31 March deadline are ever slimmer and … Continue reading Realism needed about prospects of moving before stamp duty holiday ends

Moving before the stamp duty holiday ends fast becoming a longshot

Solicitors’ leaders are urging consumers to have realistic expectations about achieving their dream move before the looming stamp duty holiday deadline. Many people are keen to conclude their sales and purchases prior to Christmas, while others entering the housing market in the New Year will still be hoping to take advantage of the stamp duty … Continue reading Moving before the stamp duty holiday ends fast becoming a longshot

Call for urgent action ahead of stamp duty holiday deadline

Solicitors’ leaders are calling for urgent action to be taken to ease growing pressure in the residential property market ahead of the stamp duty land tax (SDLT) holiday deadline on 31 March 2021. The Law Society is among key players in the home moving process who have written to the government asking for changes to … Continue reading Call for urgent action ahead of stamp duty holiday deadline

European Council adopts exceptional rules to facilitate bank lending in the EU

The EU is temporarily adapting banking rules in order to maximise the capacity of banks to lend money and support households and businesses to recover from the COVID-19 crisis. The banking package adopted today provides targeted and exceptional legislative changes to the capital requirements regulation (CRR 2). These changes will allow credit institutions to fully play their … Continue reading European Council adopts exceptional rules to facilitate bank lending in the EU