Simon Hayes has today been appointed as the new Chief Land Registrar and Chief Executive of HM Land Registry.
Mr Hayes has been Director of Visas and Citizenship since 2014, responsible for managing the UK's border and immigration systems.
He will take up his new post in November 2019
Read more here
Truro-based corporate and commercial law firm, Murrell Associates, has promoted commercial property specialist Tamsin Mann to the position of Associate.
Click here to read the full Business Cornwall article
According to Homes&Property website "gazanging is when sellers change their minds and decide to 'hang tight' - taking their property off the market part way through the sales process."
It is one of the practices that the government consultation into the property buying process is investigating in an attempt to make it “cheaper, faster and less stressful for those involved.”
Communities Secretary Sajid Javid said he wants to hear from everyone with an interest in home buying including estate agents, solicitors and mortgage lenders.
He is seeking views on;
You can read and respond to the Government consultation here
The consultation closes at 11:45pm on 17 December 2017
Read the homes&Property article here
The SRA has updated its priority risks online tool. This tool is intended to help legal firms manage their risks.
What is new?
Access the SRA Priority Risks Online Tool here
An article in Property industry Eye reports that the Conveyancers Association has criticised a report from the campaign group HomeOwners Alliance on leasehold, released earlier this week, that claimed leaseholders were “little more than tenants in the eyes of the law”.
The HomeOwners Alliance was accused of scaremongering.
This may be of particular interest to attendees at this weeks seminar on Buying Leasehold organised by the Cornwall Law Society in association with X-Press Legal Services.
Read the Property Industry Eye article here
The Conveyancing Association is still seeking feedback on proposed leasehold reform. The deadline for your input is Tuesday 18th April 2017.
Read the Leasehold Reform details here and find the feedback link
Due to the implementation of VAT on the Con29R elements of Local Authority Searches from 31/03/2017, Plymouth City Council Local Land charges Department has stated that turnaround times for Plymouth City Council Local Authority Searches have increased to 12 working days.
Woollcombe Yonge Solicitors are holding a charity golf day in aid of Children's Happy Hospital Fund.
Sponsored by X-Press Legal Services and Groundsure the event takes place at St Mellion International Resort in Cornwall on 18th October.
It'll be a great day of golf, food, drink and prizes. Contact Joe Cunningham at Woollcombe Yonge to enter your team and support a great charity.
Paul Philip, chief executive of the Solicitors Regulation Authority (SRA), has announced a rethink on plans to abolish the minimum period of workplace training required by all future solicitors.
Launching plans for the Solicitors Qualifying Examination (SQE) in December, the regulator argued that workplace training could be assessed by outcomes rather than a period time.
However, Mr Philip told yesterday’s SRA Innovate conference in London: “There will be something that looks like a training contract. It will be based in the workplace and assessed in the workplace.
Read the full Legal Futures article here
The Solicitors Regulation Authority have confirmed that there will be no extension to arrangements providing insurance cover for closed firms beyond the current six-year run-off period.
Any practice that has shut since September 2000 without a successor currently enjoys additional professional insurance cover through the old Solicitors Indemnity Fund (SIF) for any claim made after the six-year run-off has ended. This arrangement is scheduled to end in 2020.
The SRA has been asked to increase the cover for a further three years to 2023, but its Board has decided at its March meeting not to change the current arrangements. Extension would be contrary to existing policy aims, and SIF might not have sufficient funds to cover the additional claims.
Views on the issue were sought last summer, but there was no consensus on the best way forward. Respondents did say that a quick decision was needed, however.
Paul Philip, SRA Chief Executive, said: "We consulted on reducing the amount of run-off cover because many see it as a barrier to closing down, and that's still something we want to look at. Extending cover through SIF would be contrary to that aim and would be suggesting that six years run off cover is not enough.
"Taking this decision does not change anything, the extra cover will still end in 2020. But this provides clarity for those that wanted to know what we might do."
No Handbook changes need to be made because of the Board's decision.
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