There was widespread disappointment across the property industry last week following the Chancellor’s spending review which omitted an extension to the current stamp duty holiday. Conveyancers, estate agents, surveyors and property sector bodies were Read More
The Conveyancing industry is currently experiencing exponential growth, with Indeed reporting a 130% growth (over 900 roles), in the conveyancing sector since July. With a reported 21% increase in residential transactions during September compared to August and the Read More
Japanese knotweed is the most invasive plant in the UK and due to the legal framework in place to protect homebuyers, it is a problem that conveyancers are often required to confront. The risks the Read More
This year has shown us that more than ever technology is an essential part of how we work. Integrating transformative technologies such as AI and machine learning should be front of mind if we are Read More
The latest Solicitors Regulation Authority (SRA) Risk Outlook 2020-21 gives a stark reminder to the conveyancing industry that they are most at risk to be targeted by money launderers. It states that conveyancers and the Read More
Lockdown, mortgage payment holidays, a rise in mortgage applications and the move for many staff to home working has impacted on turnaround times but improvements are being made. The Building Societies Association said in some Read More
The latest data from HMRC has revealed that residential property transactions for the UK have increased in October 2020 compared both with September 2020 and October 2019. The increase in figures is thought to be as a result Read More
Applications for the government’s revamped Help to Buy Equity Loan scheme are set to open on 16 December 2020. The scheme will run from April 20211 to 2023, and applies to new build only, enabling first-time buyers (FTBs) Read More
Risk and compliance consultancy Legal Eye is launching an online resource centre for law firms. The hub provides a comprehensive bank of resources to help COLPs, COFAs, partners, directors and managers to manage risk. It Read More
There have been lots of positive things happening across the sector this week, so we wanted to share these good vibes with you as part of our ‘Feel Good Friday’ news items. Here is a Read More
It was with much anticipation that the construction industry waited to find out exactly what was included in the new planning laws of July 2020. The changes announced by Robert Jenrick, the Housing Secretary, are focused Read More
Health Secretary Matt Hancock sets out tougher rules for England’s new coronavirus tier system. As we come out of the second lockdown in a bid to protect vital services in the fight against the Read More
During the first national lockdown the housing market saw a period of reduced activity, closely followed by a boom fuelled by pent-up demand and the introduction of a stamp duty holiday. Data from the property Read More
As Chancellor Rishi Sunak addressed the House of Commons this afternoon he began to outline the impact the coronavirus pandemic has had on the UK economy. In his address, he spoke about property taxes and Read More
Yorkshire has a rich and diverse history, which goes as far back as the Vikings, the Angles and the Romans. Yorkshire was a hub of industrialisation, with industries such as textiles, coal, iron and steel Read More
A new report by the Legal Services Board (LSB) gives an in-depth review of the legal services sector following ten years of independent regulation. The State of Legal Services 2020 report is informed by data, evidence Read More
Housing Secretary Robert Jenrick has revealed that homes without cladding would no longer need an ESW1 external wall safety certificate. The safety measures were introduced as a result of the Grenfell tower disaster, following the Read More
The past couple of years has been full of discussion on how to improve the home buying and selling process. Indeed, at a roundtable meeting held by the Council for Licensed Conveyancers (CLC) it was Read More
The SDLT holiday & lockdowns: a perfect storm for technostress
Over the course of 2020, those working in residential conveyancing have had a rollercoaster ride of epic proportions. With the effective closing down of the residential property market in the first lockdown, followed by the unprecedented Read More
Residents on a new-build housing estate in Bradford have been told that their homes are currently worth nothing – as a result of planning and building failures. Penny Andrews, Operations and Compliance Director at Future Climate Read More