49,015 mortgages for house purchase were approved in January according to Bank of England Stats published today up nearly 20% on January 2015. The number of remortgages approved also rose compared to twelve months ago, with 33,546 compared to 26,456 Read More
House prices have increased by 2.5% in January according to the latest figures from Land Registry. While building and planning permissions have all increased recently they are still yet to come close to government targets indicating Read More
The Law Society has called on the profession to pay those undertaking work experience “where possible” to help ensure diversity in the profession. In a 2014 survey the Junior Lawyers Division of the Law Society found Read More
Here are the most recent scam alerts issued by the Solicitors Regulation Authority (SRA). Letters and emails claiming to be from Clarke Willmott LLP The SRA has received reports of emails and a letter claiming Read More
One thing I have learnt from Property Law revision….I never want to become a conveyancing solicitor! — Adam Fawcett (@AdamFozz) February 21, 2016Read More
The Conveyancing Association has launched a course aimed at getting Estate Agents and Mortgage Brokers to understand the conveyancing process after it emerged one in every five conveyancers and estate agents collectively view the process Read More
The average estate agent is taking home twice as much as the average conveyancer, according to Property Week. The magazine reports the average residential agent working in both sales and lettings can expect average pay Read More
Paul Smith, CEO of estate agents haart says a shortage of conveyancers is holding up transactions with a long backlog starting to develop. haart’s market monitor for February recently revealed an estimated 35% surge in Read More
The Property Codes Compliance Board (PCCB) recently expressed their concern at the number of local authorities that are causing delays to property transactions. This has provoked some debate within the industry, with several commentators subsequently Read More
The number of house builds started in Q4 of 2015 was 23% higher than in 2014 according to new figures released by the Department for Communities and Local Government (DCLG). It brings the total number of new builds Read More
Many of us have noticed the unusually wet and warm winter we are currently facing in the UK, but what are the causes of this strange phenomenon? It’s not just the UK that’s Read More
Groundsure understands that industry terminology can be confusing, especially around data and the general terms on flood reports. This short video clip details the types of data Groundsure interprets, common misconceptions and how they analyse Read More
The HMRC have confirmed that VAT will be added to CON29, coinciding with the launch of the new forms.Read More
Maud Rousseau of SearchFlow provides comment on the latest UK Property Transaction Data published by the HMRC.Read More
Following another incident involving development works and the London Underground, Groundsure has created the Groundsure Underground report designed specifically for conveyancers to ensure identification of the location and depth of existing and proposed London Underground Read More
Mortgage approvals up 38% on January 2015 The number of mortgages approved by high street banks was 33% last month compared with January 2015. The rise is being attributed to a rush on second homes ahead of the new 3% Read More
With implementation of additional stamp duty approaching, leading property risk management expert urges risk management diligence Mortgage lenders and conveyancers alike across the UK are bracing themselves for an expected surge in buy-to-let property transactions, Read More
In January 2015 we saw 6 scam alerts, which consisted of 3 letter-based scams, 2 email-based scams, and correspondence using the name Elizabeth Wendy Wilkinson. Fast-forward to January 2016, the scam alerts are on the rise, having increased to 11 for Read More
Blacks Connect have been named “Best Conveyancing Service” at the Mortgage Strategy Awards, the second time they have received the award in three years. Judges apparently praised Blacks for their “emphasis on brokers and its Read More
The number of residential transactions for properties worth more than £40,000 in January was 83,590 according to figures released by HMRC, up 7.5% on January 2015. Seasonally adjusted figures also suggest a slight dip from the norm, going from 109,020 Read More