New business insight service for conveyancers launched
A new service designed to provide conveyancers with insight into how their clients, introducers and prospects perceive them has been launched. The service will provide “extensive market research” for conveyancing firms including looking at local fees, mystery shopping, and client engagement to help firms “fully understand and capitalise on their market.” Conveyancer Insights is the […]
Wheels of change turn at SLC Conference
The 2022 annual SLC conference played host to a number of updates from regulators as conveyancers have been warned of changing expectations around continuing competence, client complaints and climate change. Council for Licensed Conveyancers (CLC) Chair Dame Janet Paraskeva opened proceedings with an update from the regulator. CLC regulated firm revenues rose from £277m in […]
Could blockchain help improve the conveyancer/estate agent relationship?
Having achieved seed investment in Move Genius, Founder Hannah Nicholson joins host David Opie to discuss the direction of travel of technology in the conveyancing space. Creating a seamless journey for home movers, estate agents and conveyancers seems to be the holy grail, but with myriad technology solutions, how can we achieve a more joined […]
Nearly 1m transactions from January to August 2022
Transaction volumes topped nearly 1.5m in 2021 and strong demand has continued to drive a buoyant market in 2022 with 908,509 residential transactions up to the end of August 2022 compared to 724,088 in the same period in the previous year. A conveyancing market report from IRN Legal Reports also indicated that the market value […]
“Experian for property” portal aims to give people control of their data
Following the announcement that a Bristol-based start-up Propflo is raising £750k to power the next phase of its product development and growth plans, Today’s Conveyancer speaks with Founder and CEO Luke Loveridge about his plans for creating a consumer focused platform designed to “give people control of their property data to better understand risks, protect […]
Consultation on SIF replacement
The Solicitors Regulation Authority (SRA) is consulting on the arrangements and rules of an SRA-run indemnity scheme to provide future consumer protection for post six year negligence in the form of post six year run-off cover (PSYROC). The Solicitors Indemnity Fund, operated by the Solicitors Indemnity Fund Limited, was extended from 30th September 2021 for […]
What’s happening with Local Land Charges?
The intended centralisation of the Local Land Charges registers has been well documented; but it’s not the only item on the agenda for Local Land Charge teams. In this latest Today’s Conveyancer Podcast host David Opie is joined by Land Data Chief Executive Fiona Barron, Pat Morgan, Chair of the Local Land Charges Institute, and […]
NHQB launched to give greater protections to new build buyers
The New Homes Quality Board (NHQB) has been launched to ensure new build home buyers are granted more protections on their purchases. The NHQB has introduced a new Consumer Code which includes a broad range of requirements for developers to ease consumers fears in the house purchasing process. The Consumer Code was finalised following a […]
Tech survey highlights divide between “haves” and “have-nots”
A survey has found that over half of respondent conveyancing firms are falling behind when it comes to the adoption of legal technology. The Digital Conveyancing Maturity Index, an “industry-first assessment of the digital capabilities of law firms” say authors InfoTrack, looked at how conveyancing firms are adopting the raft of technology tools available to […]
20 years of high standards of consumer protection and product quality
The CON29DW Residential was developed in 2002 and 20 years on still provides vital drainage and water information for homebuyers. In September 2021, DWSN and the Law Society launched an updated CON29DW Commercial which standardised the commercial questions and also made provision for questions regarding wayleaves and easements. DWSN sets out clear Standards that ensure […]
The Ombudsman’s Corner: 27th September 2022
At the Legal Ombudsman, we have recently carried out some research to gain a better understanding of the quality and transparency of online complaints information on service providers’ websites. We wanted to understand how easy it is for customers who potentially want to complain to access information on how to do so from service providers’ […]
What they don’t tell you about setting up a conveyancing firm…
I set up Aconveyancing in 2017, after many years of working with firms of all sizes. My intention was to take the best parts of all those previous companies and merge them into my own. Sounds logical, right? Combine that with all the tips from experts, books and mentors and I’d have the recipe for […]
Save the date: British Conveyancing Awards to return in 2023
The British Conveyancing Awards will return with a brand new headline sponsor and venue on 21st March 2023. Today’s Media, the publishers of Today’s Conveyancer and organisers of the event is delighted to announce that the 3rd edition of The British Conveyancing Awards will be hosted at 8 Northumberland Avenue in London, with Groundsure as […]
How firms can protect themselves against cyber attacks
To help the legal profession renew or purchase cyber insurance, the Law Society of England and Wales has published revised and updated guidance outlining how firms can cover costs and losses in the event of cyber attacks. In 2021, after a request from the Prudential Regulation Authority for greater clarity from insurers, the Solicitors Regulation […]
e-Conveyancing – lessons from Australia
The implosion of Boris Johnson’s government has seemingly put paid to any government intervention in the housing market as the industry contemplates its 11th Housing secretary in 12 years. Calls for intervention to support the implementation of a universal e-conveyancing solution have increased as the UK property market continues to struggle with the delays in […]
Half of small businesses forced to increase prices as they battle rising costs
Almost half (49%) of all small business owners in the UK are set to increase their prices as they look to battle rising costs, a new report reveals. The SME Insights Report, released by Simply Business, one of the UK’s biggest small business insurance providers, saw over 1,000 small business owners from across the UK surveyed. It lays […]
Conveyancers urged to work with agents on up front information
Conveyancers have been urged to work with estate agents on providing the material information disclosures required by the National Trading Standards Estate and Letting Agency Team (NTSELAT) as part of efforts to make more information available up front for home movers. Addressing delegates at the Bold Legal Conference Head of NTSELAT James Munro said that […]
Bold founder launches “National Conveyancing Week”
A “National Conveyancing Week” would aim to educate the property industry and wider general public about the role of conveyancers in the home moving transaction and serve to restore some pride in a profession constantly battered by bad press and increasing scrutiny. At his Bold Legal Conference in London Rob Hailstone, who founded the conveyancing […]
Competitions watchdog investigate Dye & Durham again
The Australian competitions watchdog, the Australian Competition and Consumer Commission (ACCC) have launched an investigation in to Dye & Durham’s acquisition of Link Administration Holdings, a 43% owner of e-conveyancing platform PEXA. In January 2022, Dye & Durham announced it had agreed to acquire Link for an estimated c$3.2bn. In a statement released on the […]
Regulator launches consultation to improve diversity in conveyancing
The number of women and people of colour in senior roles within conveyancing is still “unsatisfactory”, according to The Council for Licensed Conveyancers (CLC). Despite the many initiatives aimed at lowering barriers to entry and ensuring fair career progression across the entire legal profession, the regulator says change is “very slow” – particularly for those […]
