National Association of Estate Agents and Association of Residential Letting Agents – 2015 predictions
Mark Hayward, Managing Director, National Association of Estate Agents (NAEA) provides an overview of what we may see in the housing market in 2015: “NAEA predicts that in 2015 the industry will see the country catching up. In the coming year, London and the South East will show slower growth in terms of price. With […]
Could the reduction in property price inflation kick start conveyancing in the New Year?
The Office for National Statistics (ONS) House Price Index for October 2014 was released this morning. Key findings for the data include: UK house price increase slows, with the level reducing to 10.4% for the year to October 2014, compared to 12.1% for the year to September 2014. England most affected by house price inflation […]
Are your clients’ homes at risk from flooding?
Free mobile app launched from Know Your Flood Risk aims to help homeowners, property purchasers and professionals quickly identify potential risk With the Met Office predicting wetter-than-average conditions for December and January, and many parts of the UK recovering from the arrival of the recent &rsquoweather bomb’ gales, the team at Know Your Flood Risk […]
Next big thing in the property market
Conveyancers take note – a new national online estate agency site within the UK is set to be released come the New Year. OnTheMarket.com is predicted to be the latest and greatest competitor for property search giants, Rightmove and Zoopla. All property professionals should prepare for a potential shake-up in the market and work towards […]
Bad communication between property professionals causes significant level of transaction failures
A recent survey from the Conveyancing Association has revealed nearly a quarter of property transactions have failed due to delays caused by poor communication strategies. Out of the 1,500 conveyancer respondents, 23% claimed insufficient communication between other conveyancers, legal representatives, lenders, and estate agents meant that the home moving process was hindered and wasn’t able […]
Initial launch phase of Right to Rent legislation commences
The first phase of the Right to Rent legislation commenced this month, which means landlords now need to perform immigration checks on potential renters and ensure they have the right to live within the UK. This legislation currently only applies to regions within the West Midlands, with the intention to roll out nationally within the […]
Cash buying property scheme penalised for false advertising
Recently there has been regular advertising campaigns from companies that claim to buy any house for cash, from a property seller. If your conveyancing client was to use such a scheme, do they really know the terms and risks of selling in such a way? It is now being reported that companies that buy property […]
Euston Road Blue £100
Euston Road is the second of three blue properties on the London Monopoly board. Euston Road is situated in the London Borough of Camden and was known as “the New Road from Paddington to Islington”. The road was originally built to provide a route for sheep and cattle to be taken to the famous Smithfield […]
Review highlights SRA progress 2013/14
The Solicitors Regulation Authority’s (SRA) Annual Review for 2013/14, which was published yesterday, sets out SRA’s progress against their strategic objectives for the past 12 months. The Review, which is available on the SRA website at www.sra.org.uk/reports, highlights the launch of their Regulatory Reform programme, aimed at reducing the burden of regulation while retaining client […]
Conveyancer Slater – Tweet of the Week
Not sure whether to be impressed or slightly alarmed that I got an email from our conveyancing solicitor at 1.30am last night – Andrzej Lukowski (@MrLukowski) December 9, 2014
Stamp Duty reform to boost activity
Stamp Duty reform should lift market sentiment and transaction levels But the November data from the RICS shows both buyer enquiries and sales slipping again Meanwhile, the rental outlook is being underpinned by the imbalance between tenant demand and supply With HM Treasury suggesting that around 98% of would-be purchasers will benefit from the recently […]
OneSearch Direct Provides Better Service for Betteridges
OneSearch Direct, the largest local authority data search company in the UK, has announced that it now supplies Betteridges Solicitors. Betteridges provides conveyancing services to clients in Hertfordshire and Essex and now uses OneSearch Direct for residential search results and indemnity policies. “We chose OneSearch Direct because we were experiencing repeated delays and invoicing issues […]
Higher LTV loans ebb away in November
November 2014 sees smallest number of higher LTV house purchase approvals in over a year Despite this, the wider lending market is stabilising as house purchase approvals rise 2.8% in November Monthly stabilisation tempers annual drop in house purchase approvals to 14% fewer than a year ago Lending to higher LTV borrowers fell 12% year-on-year, […]
How to make the conveyancing process a well-oiled machine (Topic of the Month – Process Management)
It’s widely recognised that comparison sites are now used by many consumers when it comes to looking for the best deal. We Help You Too Ltd (WHYT) develops business solutions that simplifies the customer journey when looking for the best value conveyancing service. Solicitors and Licensed Conveyancers can be competitive without eroding their margin. A […]
Business is booming as national legal services provider expands it North Wales operations
Market leading national conveyancing search provider PSG is set to expand its operations in North Wales. From the 15th December, operations will move from the Prestatyn based office to a larger office based on the Wirral. The move follows a restructuring which will see more “boots on the ground” in North Wales itself, whilst using […]
Nearly half of conveyancers don’t know how serious a client’s flood risk could be
In a recent poll conducted by leading property data and service provider TM Group, it was revealed that almost half of the conveyancers polled did not realise how serious a client’s flood risk could be. Flooding is the biggest natural threat that the UK faces and, in England alone, more than 5 million properties are […]
Riliance Annual Conference 2015 – ‘Compliance in a Technological World’
Riliance is pleased to announce that their Annual Conference will be held at The Law Society on 18th March 2015. This essential conference for compliance managers, COLPs, COFAs and Managing Partners includes: Opening address from Mark Gidge, CEO at Riliance Keynote Address by Robert Bourns, Deputy Vice President at The Law Society Legal Ethics — […]
Furley Page lawyer Myfanwy McDonagh appointed Vice Chair of Law Society committee
Furley Page Partner Myfanwy McDonagh has been appointed Vice Chair of a committee of property specialists who provide law firms across the UK with advice on commercial, residential and landlord and tenant law. Myfanwy, who heads Furley Page’s residential property team, is now a senior member of the Property Section Committee of the Law Society. […]
Who were the leading conveyancing firms at the Estate Agency of the Year Awards 2014?
Last week’s Estate Agency of the Year Awards 2014 event was a great success and saw a whole scope of property professionals come together to celebrate this year’s achievements within the industry. South Wales conveyancing specialists, Convey Law, scooped the one of the top within the sector of Best Overall UK Conveyancing provider, as well […]
Search Acumen launches first phase of IntelliSearch – Deductive technology will provide faster, more accurate property searches
Unique use of deductive technology automates quality assurance checks of search data Innovative approach to searches praised by Legal Eye Search provider Search Acumen has today unveiled “Deductive Technology” for conveyancing searches. It is the first phase of IntelliSearch: Search Acumen’s new unique suite of search products and services. IntelliSearch combines in-depth knowledge of the […]
