Three ways to boost productivity with an effective legal software platform
In today’s fast-paced legal landscape, efficiency and productivity are key to success. The old adage “time is money” has never been truer than in the legal profession. For law firms that are putting powerful technology at the heart of their business, addressing inefficiencies is having a dramatic and positive impact on their bottom line. They […]
Chancellor announces £242m of investment for housing and 8,000 new houses for young people in Spring Budget
Chancellor Jeremy Hunt promised £242M of investment for housing in the House of Commons today as he reeled of his plan for the country during the Spring Budget. The Chancellor confirmed that under the conservative government, the UK has already seen one million new homes and is set to see 8,000 more as he unveiled […]
After Conservatives scrap 99% mortgages, analysis suggests scheme ‘could have destroyed the capital investment of an entire generation of buyers’
After the Conservative Party have scrapped their 99% mortgage policy which was rumoured to be announced in the upcoming Spring Budget, analysis said the scheme would actually ‘cost first time buyers more’. New data from estate agents Yopa suggests that ‘this political backtrack actually benefits homebuyers in the long-run’. Initially, the public speculated that the […]
TM Group announces strategic appointment of Gary Barker as Chief Operating and Technology Officer
Property data and technology provider TM Group has announced an addition to its Executive Leadership Team. Gary Barker, who TM group say is an ‘industry expert’ in property technology with over 20 years of experience. He is set to join the business as Chief Operating and Technology Officer in April of this year. In this […]
Companies House clamping down as new anti-fraud measures aim to ‘stop the UK from playing host to the world’s scammers’
Companies House has new and enhanced powers to improve the quality and reliability of its data and tackle misuse of the companies register, in a move the CEO has called ‘significant’. The first measures under the Economic Crime and Corporate Transparency Act 2023 came into force on today in a bid to tackle fraud, money […]
Law Society implores government to ‘take steps needed for growth’ ahead Budget
Ahead of the Spring Budget on March 6, the Law Society is calling on the UK government to ‘take the steps needed to enhance growth in legal services’. In what may turn out to be an election year, Chancellor Jeremy Hunt could unveil crowd pleasing property proposals – with legal experts speculating on murmurs about […]
London-based Cavendish Legal appoint new Relationship Director with ‘unrivalled’ industry experience
Cavendish Legal Group (CLG), a London-based conveyancing solicitors and part of Movera, have appointed Rob Djemil to the newly created role of Relationship Director. Djemil, described as an individual with ‘unrivalled’ experience, has over three decades of conveyancing knowledge under his belt. He joined CLG in 1997, and was with the company for 12 years […]
Law Society frustrated and concerned
Following the third reading of the Renters Reform Bill on Tuesday this week, Nick Emmerson, President of the Law Society has shared his thoughts. “We have been increasingly frustrated by the government’s delays in reforming the rental market and are disappointed with the obstacles being placed in the way of implementing the abolition of no-fault […]
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3 in 4 movers “satisfied” with home moving experience
3 in 4 home movers indicated they were “satisfied” with their home moving experience, although “a faster move” and “more frequent communication” featured highly on ways to improve to the conveyancing process. 1 in 3 UK adults would consider themselves to be aware of what conveyancing is; and recommendation remains the largest route to market […]
Redbrick Solutions upcoming webinars
Redbrick Solutions are sponsoring the upcoming webinars with IQ Legal Training in February and March. The first on avoiding negligence claims in residential conveyancing and rights of way and highway issues – tips and traps for conveyancers. Avoiding Negligence Claims in Residential Conveyancing | IQ Legal Training Webinar Tuesday 20th February | 11:30am – 12:30pm […]
Mortgage approvals indicate more people looking to move
Bank of England mortgage approval data suggests that more people may be looking at moving home in the first part of 2024. The latest figures, which show that mortgage approvals for house purchases rose from 47,900 in October to 50,100 in November, must be set against the overall downward trend seen since the peak over […]
Practice Directions: Upper Tribunal Lands Chamber
The Judiciary have shared the Practice Directions made by the Chamber President of the Upper Tribunal, Lands Chambers, Mr Justice Edwin Johnson. These Practice Directions explain the Tribunals’ approach to managing various types of disputes and apply to all parties (including those representing themselves) and are made with the approval of the Senior President of Tribunals […]
Land Registry completed applications down compared to October 2023
HM Land Registry have just released their November 2023 transaction data, covering what they have managed to process during the last time period. They note that this is not necessarily a reflection on market activity. In November, the Land Registry completed more than 1,793,400 applications to change or query the Land Register (with the South […]
“Partial recovery” expected for 2024 property market
A “partial recovery in market confidence and transaction volumes is expected in 2024 as interest rates ease and affordability improves” according to the Halifax UK Housing Market Review and Outlook for 2024. The review was released last week alongside UK Finance predictions for transaction volumes and mortgage lending in 2023/24 and the latest Royal Institute […]
Final chance to enter The British Conveyancing Awards 2024
The deadline for entry to the prestigious British Conveyancing Awards, sponsored by Groundsure, is just hours away with firms up and down the country showcasing their expertise, raising their profile, and celebrating excellence across the conveyancing profession. Introduced in 2021 to recognise the response of the property community to the challenges presented the covid-19 pandemic, […]
Navigating the Future: My Predictions for the Property Market in 2024
As I look ahead to 2024, I foresee transformative shifts in the property market driven by a range of initiatives, aligning with my vision for a more streamlined and transparent home buying and selling experience. In my view, the introduction of NTSELAT Parts B & C Material Information Rules signifies a further move towards best […]
1m home moves predicted in 2024
Mortgage lending is predicted to fall to pre-Covid levels according to UK Finance figures released this week. Lending for property purchases has fallen by 23% in 2023, and is predicted to fall a further 8% in 2024 before a small recovery in 2025. The result is that lending will return to levels last seen in […]
“Time is money” says PE-backed outsourcing specialist
“In the fast-paced world of conveyancing, time is a precious commodity” says Adil Hamid, Business Development Director at Auxilio, a private equity backed legal outsourcing service. “Auxilio enables busy fee earners, managing 50, 80, even 100 files simultaneously, to not only reclaim their time but master it. We do this by working behind the scenes, […]
