The Autumn 2018 Budget Carries A Hefty Price Tag

Budget

Chancellor Philip Hammond potentially delivers the last budget before Britain leaves the European Union with an eye-watering £100 billion spend over 5 years. The spending taps are firmly back on again as Hammond says ‘the era of austerity is finally coming to an end’ and pledges billions into the NHS, social care and defence. The […]

Consumers Pushing For Technology In Conveyancing To Bring Transparency

Proptech

Consumers are pressing the conveyancing sector for new technology that will give them better access to information, but according to a survey of conveyancers, only a small fraction of conveyancing firms are dedicated to innovation. Meanwhile, a leading property services business claimed conveyancers were “very close” to implementing technology which would bring transparency to the […]

Searches UK Honoured In 2018 ESTAS Conveyancing Awards

Searches UK

Searches UK has claimed the bronze award for Supplier of the Year in the 2018 ESTAS Conveyancing Awards. The biggest awards event in the UK conveyancing sector, the ESTAS focus solely on standards of service received during the home moving process. Property expert Phil Spencer, presenter of Channel 4’s Location, Location, Location, hosted the event […]

Conveyancing Association Unveil Annual Conference And Dinner Details

Conveyancing Association Conference

The Conveyancing Association (CA), the leading trade body for the conveyancing industry, has today (25th October 2018) unveiled full details of its Annual Conference & Dinner which takes place for the first time at The Etihad Stadium, Manchester, on the 6th December 2018. This year’s Conference has the theme, ‘Embracing the digital future’, is headlined […]

Mortgage Approvals In September Increased For First Time Buyers

Mortgage Approvals

First time buyers along with other housebuyers with small deposits had a bigger stake of the housing market in September than in August 2018 – while overall mortgage approvals were higher compared to August. With over 66,000 mortgages approved in September, the market may have been affected by the ongoing impact of the Bank of […]

New Housing Working Group Announced

New Housing Working Group Announced

As the Government consider ways of excavating the country out of the impending housing crisis, they have announced that a new working group has been created to help raise standards across the property sector. Heather Wheeler, MP and Housing Minister, has announced that the Regulating Property Agents Working Group will advise the Government on issues […]

National Construction Output Increases

National Construction Output Increases

The Office of National Statistics (ONS) has revealed that construction has increased by 1.5% in the last three months. Overall, there has been a 0.3% gain in national construction output compared with last year and 2.9% more output in comparison to the last three months. Significantly, construction of new builds has continued to rise with […]

Help To Buy Could Be The Next PPI Scandal

Help To Buy Could Be The Next PPI Scandal

A new report carried out by home move company Reallymoving.com has speculated that the Help to Buy scheme could become a similar scandal to PPI. The claim follows the report’s key findings that those using the Help to Buy scheme pay 8% more for a similar property than those that did not use the scheme. […]

The SLC’s new Chairman elected

Society of Licensed Conveyancers

The Society of Licensed Conveyancers (The SLC) welcomed Valerie (Val) Holmes as its new Chairman on 3rd October. Val has been an active SLC Board Member since 2013 and has over 30 years’ experience in conveyancing working for large and small companies. Valerie founded Valerie Holmes Property Lawyer in 2007. Val said: “I’m delighted to […]

Home-buyers “in the dark” over fees lawyers pay for their work

CLC - Interior house

Most home-buyers do not know if their conveyancer paid a fee for a recommendation from their estate agent, according to new research from specialist property lawyer regulator, the Council for Licensed Conveyancers (CLC). A YouGov survey of almost 500 consumers in England and Wales who have bought a property in the last 10 years, reported […]

London’s Commercial Property Transactions More Than Double In Three Years

Real estate industry

The number of commercial transactions has grown by 114% from 7,445 in 2014 to 15,939 in 2017, with 2018 set to be another bumper year Commercial transactions now account for almost one in four (23%) property transactions in London in 2018, up from one in ten in 2014 The value of London’s annual commercial transactions […]

Landmark Hosts Emerging Technologies Hackathon To Inspire AI And Machine Learning Innovation

Landmark

Landmark Information Group, the property, land and environmental data specialist, is hosting its second Emerging Technologies Hackathon of 2018 at multiple locations around the UK this week. With three primary offices connected and collaborating via Surface Hubs, over 50 software engineers, data experts and product specialists are collaborating on a number of projects that will […]

National Roadshow To Prepare Your Firm For 2019 And Beyond

infotrack-banner

Lawyer Checker have collaborated with Bold Legal Group, InfoTrack, LEAP, Perfect Portal and Riliance to present a series of complimentary seminars, highlighting key issues including GDPR, fraud, risk management, price transparency, best practice, improving the home buying and selling process and many more. Delegates are free to attend this event where you can hear talks […]

Forfeiture Of Leases – What Do We Tell Clients?

Paul Butt Forfeiture

Well, there’s a coincidence! I had started writing an article with the above title before I saw the newspapers this weekend. So now we have the horror story of Mr McCadden who had lost his leasehold flat worth £600,000 due to the lease being forfeited as he had redecorated his flat! Of course, the facts are slightly more complicated […]

Regulatory Threats and Opportunities Webinar With The Cashroom And Today’s Conveyancer

Cashroom webinar

Specialist legal accounting service providers, The Cashroom has teamed up with Today’s Conveyancer to talk about threats and opportunities brought about by regulatory and other change and ways in which you can overcome and take advantage of the challenges ahead. Register Now Over the years, the legal profession has endured many difficult changes, those being […]

London’s Commercial Property Transactions More Than Double In Three Years

London’s commercial property transactions

The number of commercial transactions has grown by 114% from 7,445 in 2014 to 15,939 in 2017, with 2018 set to be another bumper year Commercial transactions now account for almost one in four (23%) property transactions in London in 2018, up from one in ten in 2014 The value of London’s annual commercial transactions […]

40,000 Homeowners Opt To Use Equity Release Due To Cheaper Rates

Equity Release

Almost 40,000 families have used equity release products in the first six months of 2018, according to data from the Equity Release Council. Equity release gives homeowners flexibility to access investment held in their homes, using products such as a lifetime mortgage, home reversion scheme or a retirement interest-only mortgage. According to the Equity Release […]

First-Time Buyers’ Average Salary Requirement Rises

First Time Buyers

Young adults are dealt a further blow as research suggests the prospect of getting on the property ladder is becoming less likely as they are squeezed out of the market. Data reveals that the average salary required by a first-time buyer to purchase a house in the UK’s biggest cities has risen by 18% in […]