Safeguard client money – when do you check the ‘other side’s’ account details?
Carrying out an LC AES (Account and Entity Screen) search ought to be as fundamental as a CON29. Ensuring adherence to Principle 10 in 2015 means that conveyancers need the support of a service created to help them make informed decisions about whether or not to send funds to the other side. 2014 saw Bogus […]
Remortgage lending falls in February: value of remortgage loans drops by 16%, number of remortgage loans falls by a tenth
Average amount of equity withdrawn through remortgaging almost doubles year-on-year to £26,862 as people remortgage to help pay off debt or generate much needed extra funds But house price increases throughout 2014 saw average LTV drop by 4% The latest figures from LMS reveal that the value of monthly gross remortgage lending saw a decrease […]
New Payment Systems Regulator puts customers and payments users at the heart of the £75 trillion UK payment systems industry
The Payment Systems Regulator (PSR), the new economic regulator for payment systems, today confirmed how it will regulate the industry from 1 April 2015. It has also published a policy work programme setting out priorities for the year ahead. The PSR’s aim is to make payment systems work well for the people and organisations that […]
Recorded fraud up by a quarter and increasingly organised
Annual fraud release shows continued threat of identity theft as young adults increasingly targeted Recorded frauds increased by 25 per cent last year, according to the latest report from the UK fraud prevention service, Cifas, published today. In total there were 276,993 frauds recorded in 2014, compared to 221,075 in 2013. The single biggest threat […]
Case Study – Zylpha
Legal Process Automation specialist Zylpha was founded by Tim Long, a qualified solicitor, who was frustrated with the level of repetitive processing within the legal process and turned to IT as the solution. Based in Winchester, the company started as a specialist consultancy in Case Management, launching its Electronic Document Bundling solution in early 2010. […]
Thank you readers – we celebrate 5 years!
Five years ago this month, Today’s Conveyancer had a tentative start. Today we wanted to thank all our readers, advertisers and supporters for our growth. This month Today’s Conveyancer is surprisingly 5 years’ old and today we are a few hundred visitors away from 200,000 individuals to our website since launch. Who would have thought that […]
The LFS Conveyancing Conference and Awards 2015
On the 17th of September, The Law Firm Services will be hosting the conveyancing conference and annual awards for the 7th year running. The conveyancing conference and awards will take place at the MK Stadium in Milton Keynes. The main conference will be held from 9.15am to 4.30pm and is worth a total of 5 […]
Almost half of conveyancing firms in England and Wales have registered with Veyo
As the launch soon approaches, Veyo announces that just under a half of conveyancing firms in England and Wales have now registered on the comprehensive conveyancing portal. Since the pricing was recently announced, there has been a substantial increase in sales enquiries, with 47% of conveyancing firms, ranging from volume conveyancers to sole practitioners, submitting […]
Broker Conveyancing adds Davisons Solicitors to panel
Broker Conveyancing, the largest, independent conveyancing distributor, has today (24th March 2015) added Davisons Solicitors to its conveyancing firm panel. Broker users will now be able to instruct Davisons Solicitors via Broker Conveyancing’s online portal for both transactional and remortgage business. Now members of the Quality Solicitors network, Birmingham-based Davisons was established in 1985 by […]
Vine Street £200
Vine Street completes the orange properties on the Monopoly Board. It is one of the smallest roads on the board, a back street cul-de-sac which is located between Piccadilly and Regent Street. It is in Mayfair in Westminster. Vine Street was developed in 1686-9 and by 1720 the majority of one side was a brewhouse […]
Buchanan & Co Solicitors Go Live With Hoowla’s Conveyancing Quote Calculator Module
Hoowla’s conveyancing case management software has been selected as part of Buchanan & Co’s mission to offer a more comprehensive service for their clients. The conveyancing calculator on their website offers prospective clients the freedom to obtain an instant estimate online in their own time whilst alerting Buchanan & Co’s team to follow up the […]
Confidence in the housing market rebounds – concerns about stamp duty and negative equity fade away
Public confidence in the housing market is bouncing back, according to the 2015 Homeowner Survey, conducted by the HomeOwners Alliance, myhomemove and BLP Insurance. People’s concerns about housing have receded ‘across the board’ over the last year. Most dramatically, the numbers saying that negative equity is a problem has slumped in the last 12 months by […]
NHBC announces new partnership with underwriting specialists
NHBC registered builders and affiliated conveyancing solicitors are now able to take advantage of a range of discounted legal indemnity and title insurance products thanks to a new partnership with DUAL Asset Underwriting. The deal gives builders and conveyancers registered with NHBC, the UK’s leading insurance and warranty provider for new homes, a 10% discount […]
Ochresoft proves right road for Churchers Bolitho Way
Legal workflow specialist, Ochresoft, has announced details of its latest client win in the conveyancing market. Leading Hampshire firm Churchers Bolitho Way is set to deploy Ochresoft’s Intelliworks software across its six offices, the culmination of a long-term evaluation of Intelliworks and LexisNexis Solcase following the merger of Churchers and Bolitho Way. Managing partner Ian […]
E-Plus delivers dashboard for solicitors and estate agents
As part of their ongoing development plan E-Plus has launched a new pipeline dashboard for conveyancing cases, which can be accessed by both law firms and estate agents. Law firms can view according to quote, instruction and completed cases their top referrers of conveyancing work at company, branch and staff member level. Estate agents can […]
Hoowla launches OC1 Application for Official Copies as part of continued Land Registry Integration
Hoowla has announced that the next phase in their integration with Land Registry Business Gateway has gone live. Clients can now request Official Copies of the Register from within Hoowla’s conveyancing case management software. Hoowla automatically provides the title number and tenure for properties via the Search by Property Description Service. This information along with […]
INNSA Conference and CPD points
The Invasive Non Native Specialists Association (INNSA) is holding its annual conference in Manchester on 24th March. The Infrastructure Act which hit the statute books last month places legal obligations on property owners with invasive species, including Japanese Knotweed, on their land. This will clearly impact on the home buying and selling process and with […]
Spotlight on…dealing with search results
Lawyer Checker is a database with historic footprints of transactional conveyancing. It therefore offers users information on the transactional history of a conveyancing firm’s client account number. This method is unique to LC and the only real way to ensure your client’s money is going to a bona fide recipient firm client account. Passionate about […]
First time buyers dealt a “body blow” by the mortgage drought
The overwhelming majority of UK adults say that the difficulty in getting mortgages is a serious problem, with those hardest hit being first time buyers and those trying to take a first step up the property ladder, according to the 2015 Homeowner Survey by HomeOwners Alliance and myhomemove.* The difficulty of getting a mortgage or remortgaging […]
Conveyancer Slater – Tweet of the Week
Everything that’s wrong with the Scottish conveyancing system in one statement “I know it’s urgent, so I sent them a fax.” A FAX FFS! — Nick Green (@nickragreen) March 18, 2015