LEAP scoops ‘Service Provider to the Legal Profession’ award at Irish Law Awards 2019
LEAP, the leading provider of legal practice management software, is proud to have won the award for ‘Service Provider to the Legal Profession’ at the Irish Law Awards held recently in Dublin. This award not only celebrates LEAP’s excellence as a service provider to the legal profession in Ireland but is also a testament to […]
Indemnity Insurer Actively Seeks To Reward Well Managed Firms
Firms who maintain a claims-free record may be able to benefit from a financial rebate provided it meets certain conditions. New professional indemnity insurer New Eden is claiming to be the first to offer firms “direct financial rewards”. Richard Brown, Chairman of New Eden, said in an interview with Legal Futures that rewards could take […]
39% Increase In Senior Living Property Market By 2023
With the number of people over the age of 65 living in the UK set to increase by 20% in the next eight years, it is unsurprising that developers are diverting their attention and resources into the private senior living sector. A recent survey by Knight Frank has predicted that the value of the senior […]
FCA Fine Bank Of Scotland £45 Million For Fraud Non-Disclosure
The Financial Conduct Authority (FCA) has fined the Bank of Scotland (BOS) £45 million for failing to disclose information about suspicions it held regarding suspected fraudulent activity within the bank’s Impaired Assets (IAR) team at its branch in Reading. The FCA found a history of uncooperative activity after the bank became suspicious of the actions […]
HMRC Data Reveal Plummeting Property Transactions In May
Annual property transactions in the year to May have fallen by 11.3% as political uncertainty continues to manipulate the property market. 89,810 residential property transactions were completed in May. This also represents a fall of 6.4% when compared with April’s transactions. Similarly, non-residential property transactions have also struggled in May as the 10,090 transactions represent […]
The Thickening Cloud: Brexit’s Impact On The Property Market
Since the referendum of 2016, the property market has been concerned about the impact of Brexit. Whilst property prices have continued to grow in most areas of the UK, prices have been slowing, buyers and sellers are reluctant to make a move and a Brexit storm has cast a murky outlook on the UK property […]
More Investors Should Claim SDLT Rebates On Uninhabitable Additional Dwellings
Following a landmark tribunal case which found that additional property bought in terrible conditions could bypass the current excess stamp duty land tax surcharge (SDLT) of 3%, legal experts, Primus Law, are calling on landlords and additional property experts to seek advice about potential stamp duty rebates. The 3% surcharge on additional dwellings has been […]
Law Commission Recommend Less Confusing AML Regulations
The Law Commission have called for more specific guidance to help improve anti-money laundering (AML) in the UK. The UKFIU processed 463,938 Suspicious Activity Reports (SARs) between April 2017 and March 2018, a 9.8% increase on the volume of SARs received a year earlier. Despite the increase in SARs suggesting that more organisations and sectors […]
10% Of British Adults Own Additional Property Whilst Millennials Struggle
More than one in ten adults across Britain own an additional home, but there is also a trend that property wealth is increasingly distributed extremely unequally. The Game of Homes Report, carried out by the Resolution Foundation, found that 5.5 million people reporting property wealth between 2014-16 represented a 53% increase since 2001. The report […]
Millennials Over Reliant On Bank Of Mum And Dad
Older relatives are now lending out over £6 billion per year and have become the 11th largest lender in the UK. Whilst it is fantastic that many parents are in a position to offer their financial support, a raft of recent publications are suggesting that millennials are increasingly forced to rely on this help to […]
LFS Conveyancing Awards’ Shortlist For Best Website, Marketing & Social Media Category
The Law Firm Services Conveyancing Conference and gala dinner with awards ceremony have become a leading conveyancing event in the UK, with its array of innovative ideas, exhibitors and speakers. The 2019 event, which is sponsored by Groundsure, brings together the conveyancing industry to celebrate its achievements in the last 12 months, will take place […]
National Housing Audit To Provide New Build Development Baseline Standard
Whilst the Government remain committed to achieving 300,000 new build properties per year within the next five years, a new audit is looking at how the design of residential developments has changed in the past ten years in order to help create a baseline standard for new build developments in the future. A new National […]
Experts Feel Less Despondent About Flat Property Market
The property market remains stagnant as buyer enquiries remain poor and new instructions continue to decline. In March, enquiries for new buyers entering the property market yielded a respondent net balance of -27% which remained unchanged in April and May. Whilst the number of new buyers looking to purchase property is not reducing, the figures […]
North West Solicitors Protects Firm And Its Clients From Cyber Threats
North West law firm, Bell Lamb and Joynson Solicitors puts cyber security top of their agenda after successfully being presented with Cyber Essentials certification through accredited assessor, Practical Vision Network. The approachable firm recognises the advantages of being awarded the certification, which is a Government backed accreditation scheme, that protects their firm from severe damage […]
Bank Of Mum And Dad Could Be Closed To Future Generations
The retirees of tomorrow are less likely to look upon their property as inheritance they will pass on after they die. According to the Equity Release Council report, ‘Beyond bricks and mortar: the changing role of property in later life financial plans’– supported by Key, the UK’s leading independent equity release adviser, new pressures created […]
Search Acumen comments on Homes England Annual Housing Statistics
Search Acumen comments on Homes England Annual Housing Statistics Andy Sommerville, Director at Search Acumen, comments: “A buoyant market, a prosperous future – those are the phrases that spring to mind looking at today’s statistics. As Help to Buy continues to fuel new builds across the country, we’re expecting to see the numbers for new […]
Bank Of Mum And Dad Become 11th Largest Lender Despite Reducing Transactions
‘The Bank of Mum and Dad’ (BOMAD) is set to become the 11th largest financial lender in the UK as older relatives offer loans worth a collective £6.3 billion to the younger generation. Despite the increase in financial support from the BOMAD, the money is being used to fund around a fifth fewer housing purchases […]
Brexit Concerns Blamed For 1 Million Lost Home Sales
Since the referendum result in 2016, around 1 million prospective British home buyers have delayed moving home because of Brexit uncertainty. Having commissioned a survey of 1.5 million Brits, GoCompare found that Brexit and the affect it will have on the UK economy is the biggest influencing factor in deterring people from buying a property. […]
Index Announce Industry Partnership with CILEx
Index is thrilled to announce an Industry Partnership with CILEx! Here at Index, we are extremely proud of our close working relationship with CILEx – long may it continue! Lynne Squires, Head of Business Development at CILEx comments: “I am delighted that Index Property Information have become a CILEx industry partner. This formal partnership enables […]
Terrafirma Bolster Team with Young Professionals
Terrafirma are delighted to announce the appointment of several young professionals, as well as the recent addition of renowned mining engineer, Chris Milne as Technical Director, reflecting Terrafirma’s continued commitment to technical excellence and education. As a market disruptor, Terrafirma have undergone rapid expansion over the past four years; our team of expert geologists, engineers […]
