Selling property at auction can, at times, seem an attractive, quick-fire solution for over-burdened sellers whilst offering potentially ripe pickings for bargain-hunters. Neither scenario is without its risk as the very nature of property auctions can offer loopholes for identity fraudsters and money launderers. In July of this year auctioneers had to pay out damages
Monthly Archives: November 2012
New Flood Risk Report – stemming the tide of increased insurance costs?
With adverse weather conditions and flooding constantly in the headlines, the Environment Agency’s new Flood Risk Report is well-timed. The report can be used once flood protection measures have been installed. As it provides information on flood risk (with and without the measures) it looks set to become a useful aid in negotiations with insurers
Dilapidations Protocol one year on: widespread use but still dividing the experts
On 23 October 2012 Hogan Lovells hosted a lively debate organised by the Property Litigation Association (PLA) to mark almost one year since the Dilapidations Protocol was formally adopted into the Civil Procedure Rules. Its adoption followed 10 years of effort by the PLA with the endorsement and cooperation of the RICS and the Property