Superstitious Buyers Avoid Property Completions Today
Despite already living through a seemingly never-ending Brexit induced nightmare causing buyers and sellers to flee the property market in their droves, throwing in an additional superstitious grenade of Friday 13th is deterring even more from completing today. According to data collated by Search Acumen, many residential and commercial property stakeholders could sleep through, delaying […]
Solve Problems At The Beginning For Better Solutions
There are some problems that if you take them back to their core state can essentially be solved with a catch-all solution. That’s essentially how I think we need to look at many of the issues we face as conveyancers because while I’m not suggesting that ‘all’ problems are fixable in this way, I do […]
Unforeseen Effects Of Climate Change On Ground Stability
When buying a house, most purchasers view the transaction as a long-term commitment and investment. In the excitement of buying my first home, I was more interested with the decor and layout of the property than what was below the surface. However, the recent changeable weather patterns have made me reflect, perhaps we should be […]
FTBs Remain Dominant Buying Force And Target Family Housing Stock
First-time buyers (FTB) are expected to remain the largest purchasing group in the property market this year despite a shift in their buying preferences. FTB sales are predicted to overtake the 36% market share in property transactions during 2018 according to research by Zoopla. Sidestepping smaller one-bedroom and two-bedroom apartments or flats, over two thirds […]
English Transactions Plummet 5.2% Since Referendum Result
In the two years and nine months since the referendum, housing transactions in England have fallen by 5.2% when compared with the same time frame prior to the 23rd June 2019 EU withdrawal result. To a large extent, the decline of English property is comprised of southern regions and London boroughs. In fact, 90% of […]
Webinar: Why going ‘Paper-Lite’ Is Essential For Your Firms Information Security
Law firms have traditionally been ‘paper-heavy’ environments and while firms are better aware of the benefits of going ‘Paper-Lite’, making it a reality has been easier said than done. A new entrant to the legal services market has made it their mission to enable law firms to digitise paper documents easily and inexpensively. This allows […]
Can the Lifetime ISA Really Replace The Help to Buy ISA?
The Help to Buy ISA has been helping first-time buyers get a foot on the property ladder since 2015, but with the Government scheme soon coming to an end, we take a look at whether the Lifetime ISA (LISA) really is a suitable replacement for home buyers. Sara Best, a Partner and Residential Property Lawyer […]
Government Update Home Buying And Selling Guides’ Referral Sections
Following the Government’s attempt to create a more transparent home buying and selling process through detailed ‘how to’ guides on buying and selling property in May, the Government has just updated the published documents to reflect the enforcement of referral fee transparency. In March, the National Trading Standards Estate Agency team issued new guidance making […]
Government Pledge £3.6 Billion To Improve Town Prosperity
The Government has pledged £3.6 billion to a Towns Fund aiming to grow and support struggling locations. Overall, 100 locations have been invited to develop proposals and apply to the fund in a bid to improve transport, broadband connectivity, skills and culture. The majority of locations, chosen to improve the prosperity of their areas, were […]
Are We About To See The End of Leasehold Property Ownership?
The UK is on something of a political knife-edge, which may see a new Government in place later in 2019. Quite what shape this new administration may take is totally unclear, but there is a chance that Jeremy Corbyn may find himself with the keys to No 10 if he plays his cards right. In […]
OneSearch Direct Launch Hybrid No-Search Insurance And Big Data Report With 24 Hour Turnaround
OneSearch Direct, the largest local search data company in the UK, has announced its partnership with leading Legal Indemnity Insurance Broker Northcott Beaton, in the provision of data to create OneSearch Express: a no-search insurance policy with the addition of a property data report. This unique policy, backed by Aviva, the UK’s largest insurance company, […]
Clay Subsidence Webinar With TerraFirma
Join property expert Rachael Hodge when she will be answering your questions and discussing the main causes of clay subsidence, plus two ‘ground-breaking’ announcements at our webinar on Tuesday 1st October. Supporting our focus ‘September Subsidence Month’ join Terrafirma as we drill into the ‘root causes’ of clay subsidence, how a changing climate will affect […]
Government Need To Prioritise Infrastructure And New Build Strategies
Earlier this month, Sajid Javid announced an additional £13.8 billion will be offered to Governmental departments over the next 12 months after a Spending Review pledge to end austerity. Unfortunately, other than offering a 2.7% boost to the Ministry of Housing Communities and Local Government’s coffers, there was a lack of information regarding new homes […]
Money Laundering Sentences 32% Longer Than 10 Years Ago
People convicted of money-laundering offences now face jail sentences around a third longer than a decade ago. According to Thomson Reuters, the average prison sentence for offences related to money-laundering commanded an average prison sentence of 27 months in 2018. This represents a 32% average sentence increase when compared with the 20.5 month average sentence […]
Hardened PII Market To Stretch Beyond 2020 Renewal Process
The hardening PII market could be set to expand beyond the April 2020 renewal process according to an industry expert. The second largest global insurance broker, Aon, announced the withdrawal of their Managing General Agent, Maven Underwriters, from the solicitors’ Professional Indemnity Insurance (PII) market in August. This has led many to speculate on the […]
Searches UK Nominated In 2019 ESTAS Conveyancing Awards
Searches UK has been shortlisted for Best Supplier in the UK for the 2019 ESTAS Conveyancing Awards. After claiming bronze in the same category at the 2018 ESTAS, Searches UK has now set its sights on surpassing that success this year. The ESTAS bring together residential property professionals such as agencies, advisors, conveyancers, and suppliers […]
Chancellor Pledges More To Tackle Homelessness Crisis
The Chancellor has pledged more funding to tackle homelessness in the latest spending round but failed to discuss the housing sector and how money will be allocated to tackle the housing crisis. Whilst the Ministry of Housing Community and Local Government budget is set to increase by 2.7% for 2019/2020, little was said on how […]
Free CPD Event For Property Lawyers Courtesy Of SearchFlow
On Tuesday 17th September 2019, SearchFlow are hosting a free CPD event, that will provide property lawyers, conveyancers and legal secretaries with guidance on emerging technologies, cyber security and Anti-Money Laundering (AML). Some of the key speakers include: Greg Roach, Director at Searches Group who will cover mitigating risk and protecting your clients when it […]
Free Webinar On The New Groundsure Agricultural Report
Pali, in conjunction with Groundsure, would like to invite you to join our free CPD webinar on the new Groundsure Agricultural Report Details Date: Tuesday 17th September 2019 Time: 1pm – 2pm CPD: 1 CPD Point To register for this webinar please click here This presentation will provide a dedicated look into the new Groundsure […]
Conveyancing Regulator Announces 30% Regulatory Fees Reduction
The Council for Licensed Conveyancers (CLC) is set to reduce its regulatory fees and practice fee rates by 30%. The consultation on the 2020 practice fee rates in May indicated that fees could be reduced by a fifth. However, the CLC have now applied to the Legal Services Board (LSB) to gain approval for a […]
