3 risks you should consider in commercial property transactions: CPD
ETSOS and Groundsure invite you to a series of FREE seminars for commercial property practitioners with speakers from DevAssist, Nabarro LLP, Burges Salmon LLP and The Coal Authority. London Venue: Shaftesbury Room, 4C Group, Air1W, 2nd Floor, 20 Air Street London, W1B 5AN Date: 10th June 2015 Time: 09:00-12:15 (2.25 hours CPD) You are invited […]
Cybercrime issue is escalating, says SRA
Cybercrime issues affecting solicitor firms are increasing the Solicitors Regulation Authority (SRA) has revealed. More and more reports are being received of firms either being contacted by con artists or falling victim to fraudulent activity, with potentially serious consequences for clients buying or selling property. The SRA is urging solicitors to step up their efforts […]
April Market Trend Data from Land Registry
The April data shows an annual price increase of 5.1 per cent which takes the average property value in England and Wales to £179,817 compared with the peak of £181,014 in November 2007. House prices are up 0.9 per cent since March. The regional data indicates that: London experienced the greatest increase in its average […]
The conveyancing industry launches the Matterhorn charity fundraising challenge
The conveyancing industry, spearheaded by the Conveyancing Association (CA), has launched a mountaineering challenge to raise over £50,000.00 for the Ty Hafan children’s hospice. The Matterhorn Challenge will involve Convey Law Conveyancer, Geraint Aubrey, climbing the iconic Matterhorn Mountain in the Swiss Alps. The Matterhorn is over 4,000 metres high and represents a significant mountaineering […]
LegalEx: a show stopping event for Searches UK
On May 13th and 14th the LegalEx Exhibition, one of the largest legal conferences in the UK, took place at ExCel, London. The national event and conference for the legal profession enticed a hundred exhibitors, nearly a hundred speakers, and thousands of visitors to attend the 2 day exhibition. Leading search provider, Searches UK, could […]
Number of remortgagors using brokers increases
Borrowers seeking intermediary advice has risen by 8% in two months Continuous decline in ‘reactive borrowers’ as Britons take charge of mortgage finance – 47% borrowers remortgaged because their current deal had ended, down by 5% over two months More than two-fifths (44%) of remortgagors consulted an independent adviser or broker in April, up from […]
Tenants demand their own Minister as more are forced to rent for longer
More than 60% of renters favour the appointment of a Minister with specific responsibility for tenants Tenants forced to defer purchasing their first property in increasing numbers, with only 11% expecting to buy by the end of the year, down from 13% a year ago However, the number of completed first-time buyer transactions grows 3% […]
NFoPP announces 2015 industry winners
Annual awards ceremony recognise outstanding achievement for qualifications achieved during 2014 in property across lettings, sales, commercial property, inventory and auctioneering This year’s winners were announced at a prestigious ceremony earlier this month The National Federation of Property Professionals (NFoPP) Awarding Body, held its annual awards ceremony earlier this month to recognise outstanding achievement in […]
Team Optimist or Team Pessimist?
According to the most recent house price and mortgage lending reports from March and April 2015, the first quarter of the year has been a slow one. However experts are expecting the market to pick up now the new government has been appointed. The RICS Residential Market Survey for April suggests transaction levels and overall […]
West Midlands conveyancing firm are expanding
West Midlands law firm, Martin Kaye are currently looking to expand their team and are looking for experienced legal professionals to take the firm to the next level. One of the key roles that has become available at the firm is for a Commercial Property Solicitor or Legal Executive. This full time position is based […]
Understanding development risk
With new commitments from the government to drive forward affordable homes and free up land for development to meet the housing crisis, the likelihood of new builds encroaching on existing property will be on the rise. Paul Addison, Managing Director, DevAssist, assesses the risks and provides some examples of when the unexpected can happen. We […]
Value of remortgaging hits six-year high
Number of remortgages up by a fifth, the largest number seen since September 2013 Average amount of equity withdrawn per customer up 57% year-on-year but rising house prices mean average LTV has still fallen Total amount of equity withdrawn through remortgaging tops £790m – largest amount for almost seven years The latest figures from LMS […]
Trade body puts invasive weeds Giant hogweed and Himalayan balsam on the radar
As new legislation puts the spotlight on invasive weeds including Giant Hogweed and Himalayan Balsam, national trade body the Property Care Association (PCA) has brought together the latest guidance on the subject. Chairman of the PCA’s specialist Invasive Weed Control Group, Professor Max Wade, and fellow senior ecologist Dr Mark Fennell, have shared their expertise […]
A third of letting agents saw rents increase in April
Three in ten (32%) ARLA letting agents reported that rents increased in April In London, the average number of landlords per branch selling their buy to let properties doubled between March and April Supply and demand has remained the same in April Nine in ten agents reported they were happy with the General Election result, […]
Online conveyancing portal Veyo goes live
Veyo, the comprehensive conveyancing portal will today commence its roll-out across England and Wales. The joint venture between the Law Society and Mastek (UK) Ltd brings together electronically all the processes, checks and documentation prepared and undertaken by solicitors and licensed conveyancers in the sale and purchase of residential properties. The first users will be […]
Preston law firm’s conveyancing division reports record £3.1 million growth
Birchall Blackburn Law’s conveyancing division grows 68% Turnover up from £4.5 million to £7.6 million Firm looking to break £10 million barrier in 2015/16 A high-growth Preston conveyancing business has its sights set on breaking the £10 million barrier over the next 12 months after revealing record growth of £3.1 million in its latest annual […]
MJP Conveyancing – committed to combating the criminal conveyancer
MJP Conveyancing pride themselves on offering a nationwide service, quickly and professionally; seeking to remove as much of the stress as possible for their clients treating each and every transaction with the same care and attention as the last. They are a team who is dedicated to ensuring the best possible service to clients whilst […]
Conveyancers beware as knotweed season approaches
In 19th century Britain, Japanese knotweed was introduced as an ornamental plant from Asia. However, due to a lack of natural predators in our environment, it didn’t take long for the knotweed to escape from Victorian gardens and begin its destruction through the UK. May is the start of the Japanese knotweed growing season where […]
SLC announces strong interest in alternative PI Policy
New policy for Licensed Conveyancers available for 2015/2016 renewal The Society of Licensed Conveyancers (SLC) said today that R K Harrison Insurance Services Limited (RKH) has already received over 35 proposal forms for premium quotes under the Society of Licensed Conveyancers Policy Scheme for Professional Indemnity insurance. The Scheme, which carries exactly the same coverage […]
April Transaction Data from Land Registry
Land Registry completes 1,363,565 applications South East tops the table of regional applications with 314,893 City of Westminster tops the table of local authority applications with 21,209 The Transaction Data shows Land Registry completed over 1,363,560 applications from its customers in April. This includes 1,325,062 applications by account customers, of which: 311,084 were applications in respect […]
