Landmark Introduces Free Report Re-ordering Service To Support Homebuyers Facing Lengthy Transaction Timescales
Landmark Information, the property, land, and environmental data specialist has introduced a free report re-ordering service on all of its RiskView Residential environmental report orders. Research from Gazeal1 reveals that the time it takes to sell a home in the UK has increased by a week in the last year, with large regional variances of […]
Newly Launched Law Firm Puts Security First
Freshly launched North East based law firm, Lever Law, has placed security top of their agenda by implementing a trio of three cyber risk products to secure its business and clients from day one. The brand-new business has instigated a security first approach to significantly enhance their security risk framework by installing an army of […]
SRA Figures Suggest AML Is On The Rise
The Solicitors Regulation Authority (SRA) revealed that there was a 43% increase in money laundering reports in the opening nine months of 2018. In 2017, 152 reports of money laundering allegations were made against SRA regulated law firms. Unfortunately, this increased to 218 between January and September last year. The findings were released as part […]
Instructions and Enquiries Dip Marginally In June
Confidence in the property market has deteriorated slightly in June as the number of active buyers and sellers declines. Despite the significant increase in the number of registered house hunters per estate agency in May to 307, June’s house hunters have fallen marginally to 305. The number of house hunters in June have also decreased […]
New Recruit Strengthens GlobalX Team
Global information provider, GlobalX, has strengthened their team, welcoming a new Client Relationship and Account Manager, who joins from the Legal 500. Mumtaz Hussain joins the GlobalX team in her new role, working across both corporate and property searches to ensure new and existing clients are aware of all the services available from GlobalX, as […]
19% Of Home Moves Scuppered By Avoidable Delays
Almost a fifth (19%) of home moves in the past two years were disrupted by severe moving delays, affecting more than 115,000 transactions. According to research conducted by You Gov on behalf of the HomeOwners Alliance and Shieldpay, the delays piled up following issues pertaining to the release of funds and sellers failing to vacate […]
Experts Claim Housing Crisis Is Damaging UK Business
Almost half of British businesses believe that the widening housing crisis is having a profound and negative impact on business productivity. According to research carried out by thinktank, The Centre for Social Justice, 43% of British companies with more than 1,000 employees believe the housing crisis is adversely effecting their business. In particular, as privately […]
Primark Request Rent Reductions As Commercial Property Sector Falters
Retail juggernauts Primark have followed a number of struggling businesses like House of Fraser, Monsoon and Topshop, by requesting their rents be reduced by a third. The high street has long been in a state of decline as the pressure from online retailers has taken a huge toll on bricks and mortar traders. In order […]
OneSearch Direct Release Quick Quote Calculator For Stewart Title Indemnity Policies
Today OneSearch Direct announced that it has integrated Stewart Title’s indemnity policies within OneSearch Direct’s online portal, enabling users to obtain Quick Quotes and order policies through a streamlined workflow. To celebrate the launch, OneSearch are hosting a prize draw, giving all Quick Quote users the chance to win a £250 Amazon card AND £250 […]
Help To Buy Use Increases: Will It Be Extended Beyond 2023?
The Help to Buy Equity Loan Scheme continues to gather momentum, growing significantly in the year to March 31st 2019. According to figures released by the Ministry of Housing, Communities and Local Government (MHCLG), 52,404 housing transactions were completed using the Help to Buy Equity Loan scheme in the year to March 2019. This represents […]
Fraudsters Increasingly Using Email To Target Law Firms And Their Clients
In recent weeks, the legal sector has been reminded of the persistent threats bombarding law firms and their clients confidently using legal services. The Solicitors Regulation Authority (SRA) has issued eight email scam reports in July alone as cyber criminals target the rich and sensitive information held by legal service providers. Worryingly, email impersonation fraud […]
Time For Consistency? 3 Housing Secretaries in 2 Years And 9 Housing Ministers In 9 Years
The housing sector welcomed its third Secretary of State for Housing Communities and Local Government in two years and ninth Minister of Housing in nine years earlier this week following Boris Johnson’s immediate cabinet reshuffle. Robert Jenrick MP, who succeeds James Brokenshire as the housing secretary, may be an unknown to many since he burst […]
Perfect Portal Acclaimed At The 2019 Eclipse Proclaim Modern Law Conveyancing Awards
Perfect Portal, a legal software business from Southport proudly went home with two awards after the 2019 Eclipse Proclaim Modern Law Conveyancing Awards in Liverpool. Founder and CEO Yvonne Hirons has been hand-selected by a panel of expert judges to receive one of the most prestigious awards of the night: The Outstanding Achievement Award. Recognised for her preeminent influence […]
Scathing Report Claims Government Will Fall Short Of Housing Targets
The Government has been accused of severe failures which will prevent the UK from hitting their new housing targets in both 2020 and 2025. By the end of next year, the government had hoped to be in a position of building 160,000 new homes per year with this rising to 300,000 by around 2025. However, […]
GP Forced To Share Home With Previous Owner’s Ex-Wife Following Property Fraud
A GP has been forced to share 50% of his home with the wife of the previous owner after the property was sold without her consent. Dr Babar Akbar, 31, bought the Dunfermline based house off Donald Booth in December 2016 with the intention of housing himself, his wife and his parents. All was well […]
Landmark Strengthens Business With Conveyancing Acquisition
Landmark Information Group, the leading provider of information to the property market and part of Daily Mail and General Trust plc (DMGT), has today strengthened its business with the acquisition of the conveyancing panel management business of Aventria. Landmark will rename the business, which serves mortgage brokers and other introducers across the UK, as Optimus. […]
When Will Boris Johnson Enforce Stamp Duty Land Tax Changes?
Boris Johnson, front runner of the Conservative leadership race cantered to victory in the end beating rival, Jeremy Hunt, by 92,153 votes to 46,656. However, winning the nomination will undoubtedly be the easiest part of Johnson’s tenure as Prime Minister as Brexit, economic uncertainty and fulfilling policy pledges will be keeping the Bojo administration busy […]
IMLA Warn Government To Avoid Rasing Hopes Of Mortgage Prisoners
In March, the Financial Conduct Authority (FCA) released information on the ways it can help ease the burden for mortgage prisoners that are unable to switch because they are with defunct lenders or in negative equity. However, the Intermediary Mortgage Lenders Association, who represent 19 of the 20 largest UK mortgage lenders, believe that the […]
Annual Transactions To June Shrink By 16.5%
Property transactions have fallen considerably on both a monthly and annual basis. According to June data, provided by HM Revenue and Customs (HMRC), the 84,490 residential transactions recorded in June represented a 9.6% monthly decline when compared with May’s figures and a 16.5% reduction in transactions when compared with June 2018. Unsurprisingly, this trend has […]
Easing The SRA Accounts Rules Administrative Burden
Earlier this year, the Solicitors Regulation Authority (SRA) released the changes to their Accounts Rules which will come into force from November 25th, 2019. The SRA’s new Standards and Regulations will replace their current Handbook. They have been promoted as offering a less prescriptive set of regulations offering solicitors greater freedoms in interpreting the standards […]
