Compliance
Use of electronic signatures and ID checking shoots up
Conveyancers urged to use email instead of post and to opt for e-signatures
News
Compliance
Former directors of Cabec Ltd banned by Insolvency Service
Craig Cook and Claire Cook banned from holding directorships.
Finance
Rightmove cancels dividend payment in face of Covid-19 uncertainties
Impact of Covid-19 on portal results in cancellation of dividend payment.
Agency
Portals are ‘profiteering’ but not helping people buy and sell homes, claim
Portals putting profits ahead of people, claims new player in the market
Finance
Sale registrations down by a fifth even before coronavirus struck – Land Registry
Registrations lodged at the Land Registry fell 20% in one month
Law
Landlords urged to budget for the next six months as repossession proceedings are scrapped
Coronavirus officially puts housing possession court proceedings on hold for 90 days
Events
Live events including Ombudsman conference cancelled in favour of digital events
Virtual events replacing meetings and conferences
Lettings
Tenancy deposit replacement provider announces major new clients
Deposit replacement product provider reaches a clientele of over 2,640 branches
Finance
Housing market is ‘suspended’ as banks tell Government valuations are ‘impossible’
Mortgage market in chaos as phone lines clogged with borrowers looking for payment holiday
Agency
Prospective sellers told by Government that agents cannot market homes in the usual way
Agents told that they must keep branches closed – but no need to pull transactions
Law
Emergency coronavirus law makes moving house an exception to public gatherings restrictions
Moving home 'where reasonably necessary' is still allowed, says emergency law
Agency
Thousands of agents sent home and branches shut across Britain as industry fights for survival
A different way of life for a whole industry as sector shares the national pain
Compliance
Furlough scheme needs clarification as to whether staff can still do some work, says agent
Government scheme to bail out staff salaries 'a complete mess', says agent
Tech
Valuable resources available for agents having to work remotely
Staying connected even when you're working from home – useful resources
Agency
More discounts and help for agents from industry suppliers
Industry suppliers come up with offers to help agents
Lettings
Government warned coronavirus protection for renters is still falling short
RSA calls for more measures to boost financial security for tenants
Other News
A message to EYE readers
EYE pledges to keep information flowing - and offers help to industry suppliers
Agency
Agent criticised for sending staff to work shuts all 100 offices and puts 1,000 employees on leave
Agent puts 95% of front office staff on leave until end of May
Law
Law Society tells members to proceed with transactions set to complete ‘within next few days’
Nothing to prevent completions going ahead, Law Society tells conveyancers