Sadiq Khan announces affordable housing partnership
Sadiq Khan, Mayor of London has announced a new housing partnership to bring 5,000 new houses to the district of London. This follows more money given to the city of London to build more affordable housing. Following Mr Khan securing £1.67 billion from Government for London in the Spring Statement, he is able to build […]
Liverpool property market nears £1bn milestone as city prepares for digital switchover
Liverpool housing market sees 124% growth in five years, as annual value of sales grows to £996m in 2017 House prices have increased by over £20,000 (16%) since 2012, with the average house price reaching £148,031 Market activity has also soared with housing transactions up by 93% since 2012 Digitisation of Liverpool’s Local Land Charges […]
LFS Announce record number of tickets sold
LFS and headline sponsor Groundsure are proud to announce that over 400 tickets have been sold for the LFS Conveyancing Conference and Awards. Do you have your tickets to the must-have event of the conveyancing calendar? Don’t worry, there are still some available. However, the LFS Conveyancing Conference and Awards is swiftly approaching and tickets are selling fast, […]
Approved CLC price and service transparency reforms proposal to empower consumers
The Council for Licensed Conveyancers (CLC) has had its reform proposal approved by the Legal Services Board (LSB) Similarly, to the reforms made by the Solicitors Regulatory Authority (SRA), the CLC aimed to empower consumers by requiring firms to clearly state their prices and the services a firm will offer for the prices they charge. […]
Downsizing stamp duty exemptions would tempt more Over 65s to move
A new report, by retirement developer McCarthy & Stone, commissioned a survey of pensioners and found that over 20% of respondents would be encouraged to move into a smaller property if additional help, like stamp duty exemptions, were introduced. The statistics equate to 2.6 million people over 65 that would be willing to move, thus […]
Inheritance Imperative to a third of first-time buyers
A recent report, by law firm Collyer and Bristow, looking into home ownership attitudes and aspirations, has found that 32% of potential buyers believe that the only realistic way they can envisage finding the necessary money for a deposit is through money from a relative or through being left money following a death in the […]
Most Innovative Legal Case Management Software 2019 award winner announced
Redbrick Solutions, the leading conveyancing case management suppliers, have been awarded ‘Most Innovative Legal Case Management Software 2019 (UK)’ in the prestigious Innovation and Excellence Awards, by Corporate Livewire. The highly celebrated Corporate LiveWire Innovation & Excellence Awards 2019 give recognition to businesses that are transforming their respective industries and the standard-bearers of excellence by […]
Search Acumen comments on HMRC Number of Property Transactions, July 2018
Andy Sommerville, Director at Search Acumen, comments: “This month’s data adds to the growing pile of indicators which show that contrary to the weather, the UK housing market is experiencing a clear cooling process this summer. Growth in the number of transactions hasn’t just hit a wall; it has started to move backwards, with July’s […]
OneDome Conveyancing – A New Way Of Generating Conveyancing Business
We have recently released our new video: OneDome Conveyancing – A new way of generating conveyancing business. You can view our video in its entirety below. This article was submitted to be published by OneDome as part of their advertising agreement with Today’s Conveyancer. The views expressed in this article are those of the submitter and […]
Yorkshire law firm goes walkies for Support Dogs charity
A team of three from Sheffield-based PM Property Lawyers will tackle the Great North Run in Newcastle in September – with Managing Director Harvey Harding running in a dog suit. Trainee property lawyer Laura Morley and accounts assistant Evie Warner will join Harvey for the half marathon, though they have opted for a more usual […]
Law firms must prepare for the introduction of new transparency rules in December
Risk and compliance advisory business Legal Eye is advising law firms to gear up for the introduction of new transparency requirements around price and quality of service. Legal Eye MD Paul Saunders said: “Now that the Legal Services Board (LSB) has granted the Solicitors Regulation Authority’s (SRA) application to introduce new transparency rules in full […]
Competitive market drives up credit-impaired mortgage deals on offer
Gaining a foot on the property ladder could begin to get a little easier for those that have previously struggled with finances. Moneyfacts data has indicated that mortgage deals on the market aimed at those with poor credit have increased by 118 in the last six months alone. Currently, there are 843 adverse credit or […]
HM Land Registry Reveals that land and property sales increase in July
The HM Land Registry Price Paid Data that tracks land and property sales for England and Wales has found a clear increase in all property types for the month of July. The data reveals that 95,500 sales of land and property in England and Wales in July 2018; this equates to a 12% overall increase […]
Adverse Possession and Consent
Clewer v Scammell [2018] UKFTT 209 (PC) A recent case before the First Tier Tribunal, Land Registration Division serves to remind conveyancers of the application of the principles relating to adverse possession in a classic conveyancing context. The first reminder is that although the Land Registration Act 2002 substantially changed the law relating to adverse possession of […]
7 Strategic Factors To Improve Telephone Quotes Conversion Success
In my previous article on this very important topic, I wrote about the major research survey into how firms nationwide deal with their telephone quotes calls. It highlighted a catalogue of missed business opportunities. In this article, I summarise the 7 key strategic issues that all firms should discuss and debate in their next departmental […]
Equity release contributing to potential downsizing reduction
As the use of equity release grew past £3.06 billion in 2017 with a further 25% increase in quarter one data to more than £870 million, many speculate that equity release could replace downsizing in the future. The quarter one statistics taken between January and March indicate that over 55s released £870 million in the […]
House prices remain lower than a decade ago in 25% of UK cities
With headline cities like Liverpool, Belfast and Aberdeen still lingering below the house prices of 2008, the effects of the economic crash are still clearly being felt a decade later. The recent report, carried out by Hometrack, indicates that a quarter of the UK’s major cities’ house prices are still lower than those of a […]
Smaller ‘Challenger Conveyancing firms’ boost annual transactions
The lower half of top 100 conveyancing firms, known as ‘challenger firms’, have seen the biggest increase in transactions rather than the larger established firm brands during the second quarter of 2018, according to Search Acumen report. In the second quarter, the report found that total conveyancing volumes for England and Wales grew 14% annually […]
Improving the ID Verification Process
In any high value business, fraud (or the potential for fraud) is a constant; the threat never goes away and in the property industry, despite an upping of the ante in terms of the fraud protection processes and systems firms have in place, this doesn’t stop criminals seeking out potential weak spots and looking to […]
Slump in demand for second homes could force Government reassessment of stamp duty
Company Black Brick has conveyed concern about the adverse effects Stamp Duty is having on the economy, according to their housing transactions this year. Throughout the first half of 2018, Black Brick’s housing transactions were exclusively for primary homes. In comparison, half of the 2017 figures were for main residential property. The statistics have therefore […]
