Southern Solicitors Take Vital Steps To Enhance Cyber Security
Plymouth based firm, Bright Solicitors put their business’ risk management measures under the spotlight and successfully gained Cyber Essentials certification through accredited assessor, Practical Vision Network. The open minded southern based firm recognises the importance of gaining such an important certification, which is a Government backed accreditation scheme, proving to their clients, other firms and […]
Second UWO Triggered In July To Prevent Organised Crime
The second unexplained wealth order (UWO) has been issued in July to prevent the proliferation of criminals using property to secrete and launder their ill gotten gains. Since the National Crime Agency (NCA) were given additional powers to fight money laundering in the UK, the fourth UWO has been issued to a Northern Irish woman […]
Growth And Confidence In Property Market Reduces In July
Despite the more positive outlook posted in June, inroads were eroded slightly in July concerning positive near term growth in the property market. Although buyer demand remained in positive territory in July with a net balance of +8%, this has slipped back from +10% recorded in June, according to the most recent UK Residential Survey […]
Nearly 7,000 Brits Expected To Move House In One Day
The month of August is expected to be an even busier time for conveyancers as Friday 30th August is set to be the most popular day to move house this year, according to research carried out by The HomeOwners Alliance using data from Reallymoving.com. With 625,000 Brits moving in England in 2016-2017, which equates to […]
Widening Gender Pay Gap And Property Increases Adversely Affecting Women
Women are one of the main victims of the housing crisis as the gender pay gap and soaring prices have had considerable effects on housing affordability. Women on a median UK salary fall over 50% short of affording an averagely priced home in the majority of regions in the UK. The only regions they can […]
Majority Of Over 55s Will Struggle To Acquire Retirement Interest-Only Mortgages
Interest-only mortgage borrowers looking to take out a retirement interest-only (RIO) loan are struggling to acquire this preferred loan choice because they have not paid enough into their pension to help fund the repayments in their retirement. According to Royal London research, hundreds of thousands of interest-only borrowers are coming to the end of their […]
Construction Industry Output And Confidence Falls Again
The construction industry continued contracting for the fifth month out of the last six as political uncertainty and weakened economy erode investor confidence. According to data from the IHT Markit/CIPS UK Construction index, July’s construction figures of 45.3 slipped below the no change standard of 50 for the fifth time in six months. Although July’s […]
Future Gazing – Industry Experts Debate What’s Next In PropTech
We recently held a series of stimulating round tables to reflect on the PropTech landscape and the potential of future innovations. We invited representatives from HM Land Registry (HMLR), Leverton, an Artificial Intelligence and Deep Learning technology company, International Property Network (IPN), a blockchain property technology firm, research-led Artificial Intelligence company, Eigen Technologies, and also […]
Disorderly Brexit Will Cost Legal Sector £3.5 Billion
The potential impact Brexit will have on conveyancers was considered this week after it was revealed that the legal sector could face a catastrophic decline in the event of a disorderly exit from Europe. The UK is currently the second largest global provider of legal services and the largest in Europe. Despite the power and […]
Thames Water Property Searches Hosting Commercial Legal CPD Event
Thames Water Property Searches are hosting an informative and interactive commercial legal CPD providing essential information and updates by leading industry experts. Event Details Date: Thursday 26th September 2019 Venue: Metro Bank Plc, 1 Southampton Row, London, WC1B 5HA Time: 9:00am – 4:00pm The event is designed to inform commercial conveyancers and solicitors on recent […]
Implications Of Stamp Duty Land Tax Changes
Brexit uncertainty has cast a dark shadow on the UK since the referendum in 2016. Following that date, the property market started to show signs of a slowdown, forcing the Government to look for ways to stimulate the sector. A popular tool in the Government’s arsenal has been recent amendments to stamp duty land tax […]
Landmark Comments On Prime Minister’s Commitment To Boost Home Sales
Stephen Stout, Executive Chairman, Landmark Information: “With the arrival of the new Prime Minister, Mr Johnson has already stated his intentions of injecting a long-overdue boost in to the UK’s property market. “This is certainly welcome news to help revitalise what is currently a flat market, which is down by around 5% when compared with […]
Industry Experts To Discuss Cyber Crime And Technology
Today’s Conveyancer’s latest round table event is less than a week away. As the nation adjusts to a new Prime Minister and prepares for a final Brexit outcome, the property market has experienced an ever-changing landscape. Despite shifting regulations and a hot seat of key political figures shaping the sector, the only real constants have […]
Only A Quarter Of Younger Generation Will Own Property By 2026
The majority of people who do not currently own their own home believe that the dream is now permanently beyond their reach. According to a recent survey from lender, Santander, 70% of respondents feel they will never own their own home without significant support and the younger generations will only struggle further in the future […]
Registered Landlords Per Branch Decreased In June
The true effect of the Tenants Fees Act became a little clearer in June, the month it was enforced, after tenants experienced record rent increases for the second consecutive month and landlords continued to leave the sector. According to June’s ARLA Propertymark Private Rental Sector (PRS) report, 55% of tenants were the victim of a […]
Local Authority Suspends Searches For Entire Summer Period
A local authority has failed to implement a contingency plan allowing a facility to provide local searches for a period of six-weeks. Surrey Heath Council has claimed that it is upgrading and adapting the database software it uses. Unfortunately, this software provides information on local land charges, building controls and planning issues. The announcement also […]
Landmark Introduces Free Report Re-ordering Service To Support Homebuyers Facing Lengthy Transaction Timescales
Landmark Information, the property, land, and environmental data specialist has introduced a free report re-ordering service on all of its RiskView Residential environmental report orders. Research from Gazeal1 reveals that the time it takes to sell a home in the UK has increased by a week in the last year, with large regional variances of […]
Newly Launched Law Firm Puts Security First
Freshly launched North East based law firm, Lever Law, has placed security top of their agenda by implementing a trio of three cyber risk products to secure its business and clients from day one. The brand-new business has instigated a security first approach to significantly enhance their security risk framework by installing an army of […]
Instructions and Enquiries Dip Marginally In June
Confidence in the property market has deteriorated slightly in June as the number of active buyers and sellers declines. Despite the significant increase in the number of registered house hunters per estate agency in May to 307, June’s house hunters have fallen marginally to 305. The number of house hunters in June have also decreased […]
19% Of Home Moves Scuppered By Avoidable Delays
Almost a fifth (19%) of home moves in the past two years were disrupted by severe moving delays, affecting more than 115,000 transactions. According to research conducted by You Gov on behalf of the HomeOwners Alliance and Shieldpay, the delays piled up following issues pertaining to the release of funds and sellers failing to vacate […]
