Courting controversy
After steadily increasing over the past two years, mortgage possessions are now accelerating at an alarming rate. Richard Pitt, mortgage litigation specialist...
Dawning of the e-conveyancing age
The industry stands at the cusp of the era of electronic conveyancing, which looks set to completely transform the way we buy and sell property, as...
How fair are you?
Rosanna Bryant considers the customer fairness obligations of financial services organisations
Bad loan needles in the portfolio haystack
Mortgage fraud is on the rise and fast becoming a problem for lenders. Stephen Gallagher and Graham Ure look at the drivers behind the emergence of mortgage...
Homebuyers could lose out in Government’s...
Homebuyers seeking to purchase property under the Government’s new shared equity initiative risk losing out if the property market picks up, warns...
CML introduces valuation process for new-builds
The Council of Mortgage Lenders has introduced new measures to help ensure that conveyancing and valuation processes capture the true value of newly-built...
Repossessions up by almost half in one year
Mortgage lenders repossessed 18,900 properties in the first half of this year, compared with 13,400 in the second half of 2007 and 12,800 in the first...
Transferring the risk of litigation
Professional negligence against solicitors and valuers is on the increase. If lenders want to pursue litigation there are ways to pass the financial risk...
LIBOR bank panel may increase
The British Bankers Association (BBA) issued a consolation paper in June on the construction and operation of BBA LIBOR (London Interbank Offered Rate)...
E-conveyancing – the big elephant
E-conveyancing is the way forward to improve the legal side of the house buying process and a number of initiatives are already making waves. Anthony...