Shared ownership, stamp duty and spray foam: nine property stories you might have missed

1. Coastal home values drop but which area is the most valuable?

Inside Conveyancing

The average price of coastal houses has decreased year-on-year, according to research from Lloyds.

2. PEXA completes UK’s first fully digital purchase transaction

Today’s Conveyancer

The test transaction took place through the property firm’s exchange platform.

3. Solicitors could still face sanction for delays caused by other parties, LeO warns

The Law Society Gazette

The Legal Ombudsman has said firms need to keep clients updated about third-party delays, or they risk investigation fees and fines.

4. Calls grow for government action on spray foam

Inside Conveyancing

Research from the Property Care Association highlights home defects associated with spray foam insulation.

5. Public to see data on “avoidable” conveyancing errors

The Law Society Gazette

HM Land Registry will publish the number of ‘avoidable’ errors made by firms in applications.

6. Conveyancing fees amongst “unexpected costs” hit by house buyers

Estate Agent Today

Legal and one-off costs were cited as one of the most common unexpected costs facing UK buyers.

7. Stamp duty deadline pushed conveyancing fees to “all-time high”

Legal Futures

Ahead of the stamp duty deadline earlier this year, average conveyancing fees increased by nearly 12% compared to the year before.

8. New Shared Ownership Code “will protect consumers and set sector benchmarks”

Today’s Conveyancer

A code has been launched by the cross-sector initiative, the Shared Ownership Council, to support shared owners.

9. Law Society concerns on court capacity raised in Renters’ Rights Bill debate

The Law Society

The Law Society is engaging with the government and the opposition to ensure that concerns around court resourcing and capacity related to the Renters' Rights Bill are addressed.