Landlords With Single Property Portfolios Exit Sector
The number of buy-to-let investors, looking to purchase a single property, have fallen sharply in recent years. According to a recent survey by the Intermediary Lenders Association (IMLA), perceived onerous legislative changes have forced many landlords to consider their investment in additional property. Up to 2015, buy-to-let investments had recovered from the financial crisis in […]
Labour Promise To Help Current Leaseholders Trapped In Onerous Contracts
As the gloss on recent Government leasehold announcements seems to fade, the Labour party has offered their preferred policy ideas regarding the future of the controversial leasehold sector. Whilst the Government’s legislative changes to leasehold property benefited new build homes, many have accused the Government of overlooking the needs of leaseholders trapped in properties with […]
LFS Shortlisted Firms for Regional Conveyancing Firm of the Year 2019
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 […]
Leasehold Changes Allow Conveyancers To Offer Vital Advice Earlier
The law society has welcomed the regulatory changes to the leasehold sector by speculating that speeding up the compulsory flow of information will prevent future home buyers from becoming emotionally invested in a property purchase they may regret in the future. Under the new proposals, unveiled by James Brokenshire on 27th June, freeholders will be […]
Supply Plummets In June Halting Return of Housing Stock
UK property supply stuttered in June, reducing by 12.7% on an annual basis. According to research into Home.co.uk data for June, by Housesimple, the 61,775 new properties entering the market in June marks a 9,000 property reduction in a year from the 70,775 new properties in June 2018. Even when compared with May’s figures, new […]
Boris Johnson’s Stamp Duty Reductions To Reinvigorate Prime Property Sales
House prices in prime and expensive locations could improve by over 4.5% if Boris Johnson delivers on his promise to rescind the duty increases imposed on properties over £1.5 million. In 2014, George Osbourne made significant tax changes to prime and super prime UK property by increasing duty on properties valued between £1 million and […]
LFS Shortlisted Firms for Regional Conveyancing Firm of the Year 2019
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 […]
TMGroup Roundtables Discussing New Builds
The New Build property sector has responded with excitement, exuberance and enthusiasm to a series of roundtable events aiming to build a more collaborative environment. Bringing together a cross section of local government representatives, developers, solicitors, surveyors, planners and estate agents the roundtables will explore what opportunities and barriers there are to creating a sector […]
Inflexion Invests In UK’s Leading Provider Of Tech‐Enabled Conveyancing Solicitors
Today, Monday 8th July 2019, Inflexion Private Equity has announced that it has completed an investment in O’Neill Patient Solicitors LLP (ONP), the UKs leading Business-to-Business tech-enabled provider of property and remortgage conveyancing services. The investment is being made by Inflexion Buyout Fund V, Inflexion’s dedicated mid‐market fund. As part of this investment, Inflexion Private […]
Fraud Response Initiative Helping To Reduce Conveyancing Fraud
A Fraud Response Initiative, set up to reduce and prevent conveyancing fraud, are proudly boasting a 55% recovery rate on the cases they have worked on since 2017. For far too long redirection fraud, email modification fraud and Friday Afternoon Fraud have plagued the conveyancing sector. Buyers, teetering on the brink of ecstasy as they […]
Is Working For Small Law Firms The Future?
A leading global provider of information and analytics has revealed that from 2016 – 2019 solicitors leaving larger practices to work in smaller firms has increased from 53% in 2016 to 64% in 2019. The latest Bellwether report titled, ‘Is the Future Small?’, published today by LexisNexis UK, highlights that the small law firm sector […]
Government Respond To Select Committee Leasehold Review
The Government has issued a clear warning shot to solicitors putting their own needs in front of their client’s best interests. In the Government’s response to the Housing, Communities and Local Government Select Committee Report on Leasehold Reform, an issue was lodged concerning the relationship between conveyancers and developers constituting a conflict of interest. The […]
Proptech Innovator Suggests Incremental Improvements To Legal Technology
Artificial Intelligence (AI), machine learning algorithms, blockchain technology, the rise of online portal facilities and a host of digital resources are currently being embraced by a legal sector tasked with protecting consumers, improving efficiency, reducing the time it takes to complete a legal service and improving the customer experience. AI and machine learning has been […]
How You Can Reassure Your Clients Regarding The Abolishment Of Section 21 Notices
The Roof’s Falling In: How you can reassure your clients regarding the abolition of Section 21 Notices Speak to any landlord and one concern will regularly pop up in conversation – the fear of the law swinging in favour of tenants, making it harder for landlords to regain possession of their property. It is little […]
Future Climate Info Announces Senior Management Changes
Future Climate Info, the innovative environmental reports provider for property transactions, has today announced some key changes in the senior management team. Geoff Offen, Tom Plews and the CLS Group founded the company exactly 5 years ago to offer simpler, more accurate and better value environmental reports to residential and commercial conveyancers. In this time […]
LFS Conveyancing Awards’ Shortlist For Direct Conveyancing Firm of the Year 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 […]
Major Leasehold Changes Offer Hope To Homebuyers
When you’ve campaigned for something for over six years, there’s always going to be a huge sense of joy when your work, that of your colleagues, and indeed, the entire industry finally pays out. That feeling was certainly there on the 27th June when the news came through that James Brokenshire, Secretary of State for […]
Conveyancing Association Launch Template Letter To Secure LPE1 Information
The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today (4th July 2019) launched a redrafted Leasehold Template letter for firms to send, along with the Leasehold Property Enquiry Form (LPE1), in order to secure all required information for their leasehold clients within 15 days in a bid to speed up […]
Construction Sector Fear No Deal Brexit Will Reduce Workload
A huge section of the construction sector fear a no-deal Brexit scenario will negatively impact the workloads and massively inflate the cost of materials. A recent survey, conducted by the Federation of Master Builders (FMB), found that 53% of respondents were worried that a ‘no deal’ outcome on 31st October would lead to imported construction […]
MHCLG Committee Urges Government To Embrace Modern Methods Of Construction
A report published by the Housing, Communities and Local Government has urged the Government to consider using Modern Methods of Construction (MMC) approaches if it stands any realistic chance of meeting the target of building 300,000 homes per year. The report speculates that MMC has the potential to enable new build property to be constructed […]
