Conveyancers ask Chancellor for more flexibility in furlough system -CONVEYANCING PODCAST EPISODE 12

Welcome to Conveyancing Podcast Episode 12.  

Matthew and Thomas explore the weekly news roundup in the Conveyancing world.  

In today's podcast the first article from the Law Society Gazette reports that Conveyancing groups are asking the Chancellor for more flexibility from the furlough system to be able to interchange key staff.  

The second article also comes from the Law Society Gazette and examines the possible loss of Duty Solicitors to people facing repossession proceedings in court when the courts resume hearings.  

The third article is brought to you by The Daily Mail and looks at how there is a difference in predictions of house price declines between the Bank of England and estate agent Knight Frank.  The Bank of England is predicting a whopping 16% fall whereas Knight Frank is only predicting 7%.  

The fourth article comes from Evening Standard Homes and Property and covers the Nationwide building society's plan to continue efforts to support their mortgage customers by extending their payment holiday by another 3 months as well as freezing repossessions for 12 months.  

The fifth article comes from Property Wire and looks at the new ways criminals are able to launder money instead of investing through the property market.  These include cryptocurrency, social media, online gaming and the gig economy.  

The sixth article also comes from Property Wire and examines a call by the managing director of a property management group to temporarily suspend the 3% stamp duty surcharge for buy-to-let.  The hope is that this will revitalise the flagging property market.  

Legal future brings us the seventh article which looks at a report published by Search Acumen which shows the effect of the Coronavirus on the housing market.  After a very strong January the market is now at a seven year low.   

Finally on a lighter note Country Life magazine showcases a £2 million five bedroom house Georgian with a coach house and 10 acres of land in Taunton in Devon.  With stunning views and colonnaded balconies.  

Thanks again for tuning in and we hope you enjoyed the show.  

Please get in touch if you want to take part in the show or leave a comment below if there is anything you would like us to examine.  

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