Digital revolution in local searches kicks off as first council transfers data online

first_imgWarwick District Council in the West Midlands is the first local authority in the UK to transfer all of its Local Land Charge (LLC) data to a new national digital register that is set to significantly speed up house sales.The Land Registry launched its new digital service at the beginning of March this year and revealed that it would be working initially with 26 local authorities.The first to complete the transfer, Warwick, will now be joined by Liverpool, followed by St Helen’s in Merseyside later this year.The register will enable solicitors to complete a ‘local search’ for the initial LLC part of the process on a property in a matter of minutes and for a few pounds. This compares to the some local councils, which can take days and in extreme cases even weeks to complete a search.Councils will no longer hold LLC data themselves but will be responsible for keeping their LLC information up-to-date on the new register.“Future updating will be critical to the council’s statutory duty of maintaining the register,” a St Helen’s council spokesperson said.“It is imperative that staff changes, and service moves are reported to the Land Charges team at the earliest point, as the information these contacts provide is essential to maintain the register.”The Land Registry initiative is part of its five-year plan to simplify and speed up processes in the land and property market. There are a handful of initiatives under way including its Digital Street project which will see an online version of the registry piloted using a small selection of properties.The registry says it is planning to have 90% of its title and other data published online by 2020.   local searches LLC St Helen’s Council liverpool local land searches Warwick District Council August 2, 2018Nigel Lewis2 commentsClare Merson, St Albans DC St Albans DC 2nd August 2018 at 4:02 pm“…The register will enable solicitors to complete a ‘local search’ on a property in a matter of minutes and for a few pounds. This compares to the current local search system, which can take days and even weeks to complete a search, and can cost nearly £80…”To clarify – this is ONLY the Local Land Charges Register part of the search. There are two parts to a search. The Certificate (the LLC1) and the Con29. Both parts are still required when purchasing a property. The jargon used in this article is not wholly ‘as is’A ‘local search’ is a full search comprised of the Certificate of Search AND the Con29. There will still be a delay whilst the Con29 is obtained from the local authority. There will also be a separate price for this. The Con29O might also be required.In regard to the comment that the search can cost nearly £80. I am not familiar with any Certificate of Search that costs almost £80. The majority vary between £9 and £25. The average cost is £15.Many local authorities are able to process a full search within 2-5 working days at the most. Of course some authorities do take longer due to staff shortages and so on.Lets remember that there are TWO parts to a full search. Both parts are required when purchasing any property/remortgaging or even as a cash buyer.In reality it will not speed up the home buying process because a full and complete search is required by Lenders etc.Log in to ReplyNigel Lewis, Online Editor, The Negotiator Online Editor, The Negotiator 2nd August 2018 at 5:12 pmThanks for the clarification Clare.Log in to ReplyWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Digital revolution in local searches kicks off as first council transfers data online previous nextRegulation & LawDigital revolution in local searches kicks off as first council transfers data onlineThe West Midlands town of Warwick is the first to transfer all of its local search data to the Land Registry’s recently-launched online LLC data registry.Nigel Lewis2nd August 20182 Comments1,440 Viewslast_img read more

Legal haze thickens for pot businesses

first_imgAnyone in a credit union considering offering banking services to marijuana businesses should take the time to make sure that their attorney is paying close attention to litigation between the Federal Reserve Bank of Kansas and the Fourth Corner Credit Union of Colorado. (See Fourth Corner Credit Union v. Federal Reserve Bank of Kansas, U.S. Dist Ct, CO, 15-cv-01644). This case has national implications. It may well clarify the legality of state efforts to legalize pot businesses.As I explained in a previous blog, Colorado has one of the most liberal marijuana laws in the Country. Its policy makers grew so frustrated with the inability of marijuana businesses to access basic banking services that the state approved a state charter for the Fourth Corner Credit Union. Remember that even though marijuana businesses are still illegal as a matter of federal law, the Justice Department has issued guidance – the Cole Memorandum – detailing the circumstances under which federal prosecutors will forgo enforcement of these laws.The credit union adopted a detailed BSA policy to conform with the memorandum’s mandates. It also applied for Share Insurance Coverage and a Master Account at the Federal Reserve Bank of Kansas City. The credit union might be able to get private insurance, but without a Master Account it cannot effectively provide banking services. continue reading » 20SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

2020 CUNA Finance Council Award winners announced

first_img continue reading » CUNA CUNA Finance Council announces recipients of the 2020 CUNA Finance Council Awards, the most prestigious industry award for credit union finance professionals.Bill Kennedy, CFO and vice president of finance, Securityplus FCU, Frederick, MD, has been named 2020 Professional of the Year. This award recognizes an individual who consistently excels in credit union financial management and has made a significant contribution toward the success of their credit union while showing commitment to advancing the credit union movement.Kennedy, who earned the nickname “the credit union whisperer” when he was named a Credit Union Magazine 2019 Credit Union Rockstar, has a long history of helping small credit unions turn things around and stay relevant. Over his 32-year career, he has served as CEO and CFO—simultaneously on four occasions. “When you work in credit unions for a while, something gets in your blood,” he says. “It’s the ‘people helping people’ philosophy, and it aligns really well with who I am commissioned to be.”Kennedy has been a CUNA Finance Council member since 2009. He served on the CUNA Finance Council’s Executive Committee from 2011-2014, was Chair of the Communications Committee from 2011-2014 and Vice Chair of the Education Committee from 2013-2014.center_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Georgia’s secretary of state says there will be a recount in his state.

first_img– Advertisement – Gabriel Sterling, an official with the secretary of state’s office, said that 4,169 ballots — most of them absentee ballots — remained to be counted in four counties: Gwinnett, Cobb, Cherokee and Floyd. The largest tranche to be counted is in Gwinnett County, which contains Atlanta suburban communities and has gone from Republican-leaning to Democratic leaning in recent years.The state must also deal with an unknown number of ballots from military and overseas voters. Their ballots will be counted if they were postmarked by Tuesday and arrive in the mail before the end of business Friday. – Advertisement – ATLANTA — Georgia’s secretary of state said on Friday that the presidential race in his state was so close that a recount is inevitable.As of late Friday morning, former Vice President Joseph R. Biden, Jr., led President Trump in the state by a mere 1,579 votes.- Advertisement –center_img “With a margin that small, there will be a recount in Georgia,” the secretary of state, Brad Raffensperger, said in a Friday morning news conference at the State Capitol.He added, “The final tally in Georgia at this point has huge implications for the entire country. The stakes are high and emotions are high on all sides. We will not let those debates distract us from our work. We will get it right, and we will defend the integrity of our elections.”Mr. Sterling said that the unofficial tally of Georgia votes could be completed by the end of the weekend. There are also an unknown number of provisional ballots that must be “cured,” either by county elections officials or, in some cases, by voters who show up to county offices and provide documentation or otherwise settle questions about their voter status.- Advertisement –last_img read more