End of Government support likely to take heat out of housing market
Analysis of the latest House Price Index published for April shows the beginning of signs that the housing market could be at risk of overheating. Among those signs are the lack of available properties, rising prices, and high demand. However, the economic measures introduced by the Government to protect the housing market are likely to […]
Three ways the conveyancing industry can benefit from digitalisation
Conor Murphy, CEO of Smartr365, the end-to-end mortgage and protection platform shares his views on how digitisation can help conveyancing become faster, more fruitful and focused in the future. While digitalisation was introduced with necessary haste throughout various lockdowns in the last 12 months, the world should now take time to carefully explore its long-term […]
Staff at Convey Law raise £10,000 in memory of Sir Captain Tom
Staff at Convey Law have raised an impressive £10,000 in memory of Captain Sir Tom Moore to celebrate what would have been his 101st birthday. They raised £5000 by taking part in the Captain Tom 100 Challenge which was matched by Convey’s charity arm, the Conveyancing Foundation, with a further £5000 donation to NHS Charities […]
Cloud-Based Terrafirma acquired by Dye & Durham for $20 Million
Dye & Durham Limited , a leading provider of cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals, today announced it has acquired Terrafirma IDC Ltd for approximately $20 million (£12 million). Terrafirma’s proprietary workflow software and data insights have been critical at transforming how decisions are […]
Moving to a hybrid workplace
Join us for the legal services event aimed at preparing law firms for the relaxing of lockdown restrictions in the UK. The time has come to embrace a hybrid working model and set your partners and fee earners up for success. Date & Time: 25/05/2021, 10am (duration 2 hrs incl. Q&A) The UK Government has […]
The property market came out of lockdown a year ago – here’s what’s happened since
Today, Thursday, 13th May, marks one year since the property market in England reopened having been hit with lockdown restrictions, marking the starting point of an incredible return to health. Ascend Properties has taken a look at which areas of England have seen the biggest boost in property values since then and where the most […]
Local search backlogs will prevent buyers hitting 30 June deadline
With just under eight weeks to go until the 30 June Stamp Duty deadline, new data has revealed the towns and cities across the UK where prospective homeowners are most and least likely to complete on time; potentially saving thousands of pounds in tax. The research, from online mortgage broker Mojo Mortgages, looked at the […]
Why now? Why not?
Covid saw the lockdown of the property market followed by a sharp increase in volume, the industry creaked and, in some areas, completely broke. Recent surveys show many suffered with mental health issues culminating in conveyancers leaving the industry. As a profession are we facing a repeat of 2007/8 when conveyancers left the industry, although […]
Construction industry proving to be boon for UK economy
Private and public new housing output jumps 9.4% and 16.7% respectively over the last month1 Andy Sommerville, Director at Search Acumen, says: “This latest set of data underlines that the construction sector is proving to be a boon for the UK economy. “The rise in new housing construction activity is likely to have been partly […]
First time buyers are waiting until stamp duty holiday ends before they attempt to purchase a property
Recent research by estate agency Yopa has revealed that, on average, first time buyers have delayed purchasing by six months and three weeks as a direct result of the pandemic. Yopa commissioned Censuswide to carry out a survey of 2,000 people planning to buy their first property in the next year, and found that 70% […]
Stamp Duty holiday triggers 22% rise in monthly property transactions
– equivalent to over 171,000 extra sales Pandemic response more effective at stimulating demand than post-financial crisis Stamp Duty holiday in 2008/09, when transactions fell 27% 171,303 extra transactions occur since the introduction of the holiday compared to the norm during the 12 months before first lockdown Rising house prices offset £2,572 of the average […]
HMLR Practice Guide updates: PG35
Here are the latest practice guide updates issued by HM Land Registry. Corporate insolvency (PG35) Page summary: How to deal with applications involving the insolvency of corporate bodies. Mainly for insolvency practitioners and conveyancers (practice guide 35). Change made: Section 2.6 has been added to clarify HM Land Registry’s requirements when registering a company in […]
Housing momentum continues
It is hard to believe that a year ago the property market was in the midst of full lockdown, especially considering a year on the market is hitting new heights. This is according to Nicky Stevenson, MD of Fine & Country UK, who adds that according to the UK House Price Index, the annual property […]
Turning the clock back on stress and retraining your brain
Stress management experts Angus Lyon and Hannah Beko discussed valuable tips and techniques to combat stress at The Conveyancing Foundation’s first #BeKindWeCare webinar. The Foundation recently launched the #BeKindWeCare campaign to help those in the property and conveyancing industry suffering rising levels of mental health concerns, following an unprecedented year. It promotes kindness and well-being […]
Mental Health Awareness Week 2021: Well-being Tips for Conveyancers
The conveyancing events and stresses of the last 12 months are taking their toll on many conveyancers and those in the property industry. With 30% more transactions over the last 12 months, the effect of the lockdowns and working from home, as well as the series of SDLT deadlines throughout the course of the year, […]
Man Without Smiling Face Should Not Open Shop!
The best way to avoid dealing with difficult people to prevent them from becoming difficult in the first place. No one likes complaints. A customer complaint can invokes feeling of hurt, anger and sadness and sometimes fear. If you are the subject of the complaint, you may instinctively rush to defend yourself, or perhaps you […]
Fee Earners not coping – an alternative view
Conveyancing fee earners are all over social media rightly complaining about the stress they are under and I thought a discussion about what’s happening and how to solve it might be worthwhile. It is not just about the stress it’s also about the errors and risks. The #AnonymousConveyancer on Twitter posted this week “I’ve screwed […]
tmgroup & mio become ESTAS partners
ESTAS has announced today that tmgroup and sales progression solution mio have signed up as ESTAS partners for the 2021 Forum and Awards sponsored by Coadjute. ESTAS Founder Simon Brown said “The ESTAS Forum & Awards in October will be attended by agents, conveyancers and brokers with the theme of ‘Working Together Better’. We will […]
Planning data must be overhauled to enable better informed decisions
Planning may be top of everyone’s minds right now, but the data underpinning it is in desperate need of an overhaul, according to the panel of the latest tm:tv session “Understanding the value of planning data”: Paul Addison, Owner of DevAssist Stuart Tym, Planning Lawyer (Senior Associate Solicitor) at Irwin Mitchell Max Jarmey, GeoSpatial Analyst […]
It’s all about location
A dream location is where it all starts for most of our clients and the importance of a location and its attributes remain key when it comes to buying and selling properties. If we’re buying a property, we can actively choose to be nearer a good school, further from a main road, opt for more […]
